Thinking strategically involves managing uncertainties from "summary" of How to Think Strategically by Greg Githens
Thinking strategically involves managing uncertainties. Uncertainties are present in every strategy. Managers who think strategically are skilled at identifying, assessing, and managing uncertainties. Strategic thinking involves anticipating uncertainties and developing plans to mitigate their impact. Managers must have the ability to deal with the unknown and the unexpected. Uncertainties can come in many forms, such as changes in the market, shifts in technology, or unexpected competitor actions. Strategic thinkers understand that uncertainties are inevitable and must be factored into their decision-making process.
Managing uncertainties requires a proactive approach. It involves gathering information, analyzing data, and making informed decisions based on t...
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