{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"How To Think, Plan, & Act Strategically\u2026Every Day.","description":"It\u2019s a jam-packed episode as we dive into a proven framework to create a strategic team, and help your team set clear and compelling strategic direction. First, I discuss ways to maximize your strategic leadership potential by reviewing the 3A  Strategic Thinking framework. Here you\u2019ll learn to apply several new strategic tools to your business to create more insights, make strategic trade-offs and better align your priorities with your time. I\u2019ll then chat with our dead guest, Dr. Igor Ansoff, considered by many to be the father of strategic management.  Finally, I share Dr. Seuss\u2019s take on  strategy, and dive deeper into how structure follows strategy and why failing fast may not be as great as it seems.   What You\u2019ll Hear In This Episode: Why you should stop people from throwing \u201cstrategic\u201d in front of other words to make them sound important What does \u201cbeing strategic\u201d really  mean? How to stop the villain Jargon Goblin from confusing your team on the common business planning terms Today\u2019s dead guest, Dr. Igor Ansoff, known as \u201cThe Father of Strategic Management\u201d on how to become more strategic Research shows that one-third to one-half of new chief executives fail within their first 18 months. If you follow the practice of failing fast and often, you may soon be an unemployed CEO! The #1 cause of business failure is\u2026bad strategy.  The 3A Strategic Thinking Framework: acumen, allocation, and action. Nearly half of the activities that managers work on are actually tasks that could be delegated to others. The importance of creating an Insight Network and harnessing your people\u2019s insights on a regular basis Completing a Decision Inventory to clarify decision rights A whopping 71% of executives say their meetings are unproductive and inefficient. Developing a Time Tracker to better align your priorities and time Dr. Seuss\u2019s take on being strategic?   Quotes\/Tweetables: \u201cStrategic: possessing insight that leads to advantage.\u201d \u201cAt the heart of strategy are two components: insight and advantage.\u201d \u201cTaking the time to think strategically and plan appropriately will lead you to succeed fast and often.\u201d \u201cStrategic decisions are not self-regenerative.\u201d \u201cHow often do we get caught up in the seemingly endless cycle of fire drills that distracts us from proactively thinking through and focusing on creating and executing our strategies?\u201d \u201cBeing a strategic leader is not a nice to have these days, it's a must-have.\u201d  \u201cIf your team\u2019s strategic plan is nothing more than a rehash of last year\u2019s tactics smothered in a mountain of customer data and spread out across 75 PowerPoint slides, then grab yourself a frosty, cold can of Insight Hard Seltzer\u2026And please, strategize responsibly.\u201d   Connect with Us! Strategic Thinking Institute Rich Horwath on LinkedIn Rich Horwath\u2019s YouTube Channel StrategyMan vs. the Anti-Strategy Squad: Using Strategic Thinking to Defeat Bad Strategy and Save Your PlanDeep Dive by Rich Horwath  Elevate: The Three Disciplines of Advanced Strategic Thinking by Rich Horwath   Mentioned :  Dr. Igor Ansoff Jack Dorsey Tom Gentile Tim Cook Harvard Business Review - One-half of Chief Executives Fail Within 18 Months Harvard Business School Professor Boris Groysberg The Visible Hand Keywords: strategic thinking, strategy, strategic planning, strategic, tactics, goal, goals, objective, objectives, plan, planning, business strategy, business acumen, executive coaching, executive coach, leadership development,, leadership, rich horwath, effective meetings, CEO strategy, CEO coach, jack dorsey, igor ansoff, productive meetings ","author_name":"The Strategic Executive Show","author_url":"https:\/\/www.strategyskills.com\/","html":"