Elevate The Three Disciplines of Advanced Strategic Thinking

by Horwath, Rich

• ISBN13: 9781118596463
• ISBN10: 1118596463
• Edition: 1st
• Format: Hardcover
• Copyright: 2014-03-24
• Publisher: Wiley

Summary

According to a study published in Chief Executive Magazine, the most valued skill in leaders today is strategic thinking. However, more than half of all companies say that strategic thinking is the skill their senior leaders most need to improve. Elevate provides leaders with a framework and toolkit for developing advanced strategic thinking capabilities. Unlike the majority of books that focus on strategy from a corporate perspective, Elevate gives the individual executive practical tools and techniques to help them become a truly strategic leader. The new framework that will enable leaders to finally integrate both strategy and innovation into a strategic approach that drives their profitable growth is the Three Disciplines of Advanced Strategic Thinking:

1. Coalesce: Fusing together insights to create an innovative business model.

2. Compete: Creating a system of strategy to achieve competitive advantage.

3. Champion: Leading others to think and act strategically to execute strategy.

Every leader desperately wants to be strategic--their career depends on it. Elevate provides the roadmap to reach the strategic leadership summit.

Author Biography

RICH HORWATH is the CEO of the Strategic Thinking Institute and a New York Times, Wall Street Journal and USA Today bestselling author on strategy. He is a former Chief Strategy Officer and professor of strategy and has appeared on ABC, NBC and FOX TV. Horwath has helped more than 50,000 managers around the world develop their strategic thinking skills and is consistently ranked the #1 speaker on strategy & innovation at national conferences.

For More information, visit strategyskills.com.

Table of Contents

Introduction

Elevate

Importance of Strategy

Top 10 Strategy Challenges

GOST Framework

Strategy Defined

Thinking Strategically

1,000-Foot View

Discipline #1: Coalesce

Patterns in Strategy

Systems

Platforms

Business Model

Phase I: Value Creation

Phase II: Value Delivery

Phase III: Value Capture

Profitable Growth

Strategy & Innovation

Types of Innovation

1,000-Foot View

Discipline #2: Compete

Competitive Condition

Leader

Challenger

Spectator

Competitive Advantage

Competitive Intelligence

Trade-off Zone

Indirect Competition

Intangible Competition

1,000-Foot View

Discipline #3: Champion

Using Time Strategically

Time Trade-Off Techniques

Influencing Strategy Commitment

Increasing Buy-In with Social Proof

Strategic Behavior

Practicing Strategic Thinking

Developing Strategy Habits

Strategy Conversations

The Power of Story

Creating a Strategy Story

1,000-Foot View

Close

When to Change Strategy

Fire Prevention

Tactical Evaluation Matrix

Strategy Launch Review

Strategy Scaffold

Strategic I Am

1,000-Foot View

Notes

About the Author

Index