Strategic thinking demands monitoring external trends from "summary" of How to Think Strategically by Greg Githens
To think strategically, one must be keenly aware of what is happening in the external environment. This means staying attuned to the trends that are shaping the world around us. Without this awareness, it is all too easy to become myopic and miss out on important opportunities or threats that could impact the organization. Monitoring external trends involves paying attention to a wide range of factors that could influence the organization's future success. This could include shifts in consumer preferences, advancements in technology, changes in government regulations, or movements in the global economy. By staying informed about these trends, leaders can better anticipate what may lie ahead and adjust their strategies accordingly. Moreover, keeping a...
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