Strategic thinking
Most reviewed literature about strategic thinking either emphasizes the roles of
strategic thinking in strategic management or proposes different dimensions
of definitions. However, a common definition of strategic thinking in terms of its
characteristics is not found. Hanford (1995) suggests that the ability to think
strategically requires developing of: thinking concepts, thinking skills, thinking styles,
and thinking techniques. A study by Tavakoli and Lawton (2005) signifies that the
greater the sum total of strategic thinking and strategic thinkers in the organization,
the more readily and effectively the organization can respond to take advantage of
changes occurring in today’s business environment.