10 Insights on Strategic Thinking — Peter Klein

Post on 11-Aug-2015

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This presentation consists of highlights from the interview with Moe Abdou,

founder & host of 33voices®.

Peter Klein founded PK Associates, a growth management consultan-cy, on the belief that fact-based, information-driven insights, need-to-do analytics, and the experience of a proven ‘seniors-only’ team will meaningfully benefit clients in more predictably growing, managing

and leading their businesses.

Peter Klein@tonto5

Growth Management Consultant

Strategic thinking grabs the power inherent in asking the right questions, focuses that

energy on what matters most, and harnesses it to find the best solutions.

Insight #1

Insight #2

You’ll recognize an effective leader when you notice someone:

Insight #2

You’ll recognize an effective leader when you notice someone:Who can anticipate change and the challenges it brings with it

Insight #2

You’ll recognize an effective leader when you notice someone:

Who is decisive and action oriented

Insight #2

You’ll recognize an effective leader when you notice someone:Who maintains absolute integrity

Insight #2

You’ll recognize an effective leader when you notice someone:

Who knows how the business operates

Insight #3

Beware of these traps, for they inhibit your ability to think strategically:

Insight #3

Beware of these traps, for they inhibit your ability to think strategically:

Constantly putting out fires

Insight #3

Beware of these traps, for they inhibit your ability to think strategically:

The lack of a thinking process

Insight #3

Beware of these traps, for they inhibit your ability to think strategically:

The lack of mentors

Insight #4

The ability to differentiate is strategic thinking at its best. Think. Plan. Act.

Insight #5

Next time you’re faced with an important decision, try this approach:

Insight #5

Next time you’re faced with an important decision, try this approach:

Challenge existing assumptions

Insight #5

Next time you’re faced with an important decision, try this approach:

Thoroughly scope the issues

Insight #5

Next time you’re faced with an important decision, try this approach:

Rely on facts and data

Insight #5

Next time you’re faced with an important decision, try this approach:

Focus on the vital few

Insight #5

Next time you’re faced with an important decision, try this approach:

Connect the dots

Insight #6

Asking the right questions distinguish leadership excellence:

Be objective

Insight #6

Asking the right questions distinguish leadership excellence:

Be diligent in separating the facts from opinion

Insight #6

Asking the right questions distinguish leadership excellence:

Be clear on the questions you’re asking (e.g. questions of clarification, questions

of information and veiled questions)

Insight #7

“The essence of strategy is choosing what not to do.” - Michael Porter on Strategy

Insight #8

When a leader can articulate the ‘so-whats’ and the ‘how-to’, she’ll have the right

ingredients for an effective vision.

Insight #9

Answer these questions and you’ll get a gauge of your leadership effectiveness:

Insight #9

Answer these questions and you’ll get a gauge of your leadership effectiveness:

Are you aware of how your business oper-ates and what the business model is?

Insight #9

Answer these questions and you’ll get a gauge of your leadership effectiveness:How comfortable are you with the way

the business is structured?

Insight #9

Answer these questions and you’ll get a gauge of your leadership effectiveness:

Do you have the right people in the right roles?

Insight #10

“With whom you go is more important than where you go” and “Where you

stand, depends on where you sit”

Reflect: Do you make reflection a habit before an

important decision?

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