How Important Is Strategic Thinking For Your Business?

By: Bart Icles

It is a proven fact that a simple idea is a lot more likely to get implemented than a complex one. This is especially true in the business world. Companies with thousands of employees struggle with this concept on a daily basis. Everything down to the smallest process takes thousands of hours of training and millions of dollars to get the whole team on the same page.

There is a famous quote from Thomas J. Watson that explains his opinions on the matter. He says I would not give a fig for the simplicity on this side of complexity but I would give my right arm of the simplicity on the far side of complexity. He understood the need for simple solutions to complex problems.

The other side of the situation is employees that grad hold of the first simple strategy strictly because it is popular and easy to implement. It is very important to think out all sides of the problem. Many people get in the habit of acting too soon and not thinking about all possible outcomes. This can cost the company enormous amounts of time and money to go back and change processes.

There are many situations when companies have acted too soon and had to look further to resolve the problem. There is an example of a hospital in Utah that was having abnormal amount of injuries with their nursing staff. This was costing the business thousands of dollars in insurance fees and other expenses associated with the problem. After the hospital realized the situation, they invested a huge sum of money to do training courses on the proper way to lift heavy loads. They hoped this information would solve the issue. Even after the hospital spent all this time and money the back injuries continued to happen. The company realized they must have misdiagnosed the problem.

After a long investigation, they figured out the laundry shoot on the 2nd floor was too high. Nurses had been straining their backs from lifting the heavy loads into the shoot every day. The hospital went in and fixed the problem and the injuries sharply decreased. The hospital should have done more investigation into the problem the first time. It would have saved them a lot of money and prevented more people from getting hurt.

Strategic thinking can be very hard work. It is no question that it takes a deliberate effort to simplify something complex. This is the reason why most people are not problem solvers and usually implement the first thing that comes to mind. In our modern business word, companies are looking for people that can dissect complicated issues and come up the proper, long-lasting solution. These kinds of thinkers save companies money and add long term value to firm.

Article Source: http://www.bigfreearticles.com

Learn to add value to your company and cut costs with strategic thinking.

About the Author:
CMOE assists companies improve their overall business model through strategic thinking and teamwork. Leadership training can help take your company to the next level.

Tags: leadership training, strategic thinking, teamwork

Please Rate this Article

Comments

Share This Article - Quick and Easy Using This Button:

Click the XML Icon Above to Receive Uncategorized Articles Via RSS!

Read More Articles From - Home | Uncategorized

Men, Women, and Sex: Why Pubic Hair Removal Can Improve Your Sex Life By: Phoenix Delray - No longer is pubic hair removal reserved for women and girls; men are now shaving pubic hair to improve their sex lives and their looks. Erections look larger pubic hair removal for men can increase the look of their erections, and that alone is one of the main reasons that men start pubic hair removal rituals.
Tags: celebrator, jack rabbit vibrator, pubic shaving, pubic hair removal, vibrators
Men and Sex: Male Pubic Shaving By: Phoenix Delray - Many men wonder if sex can be improved by pubic shaving, and many want to know if girls will be attracted to a man with a shaved pubic area or not.
Tags: celebrator, jack rabbit vibrator, pubic shaving, pubic hair removal, vibrators
Training Alone Versus Using A Training Partner By: Dane Fletcher - A lot of people are usually perplexed on whether it is better to train alone with weights in the gym or to have somebody as a partner in the gym. The answer to this is quite simple; it is good to train alone but training with a partner will produce better results especially if you are just starting out.
Tags: training, weightlifting, workout, exercise, partners, buddies, technique
The Costs Associated with Affiliate Marketing By: Stacey Reid - A person that invests in their dream business is confident that they can make money. There has to be money set aside for your affiliate marketing business. There are costs associated with your business that you will have to incur. The old phrase it takes money to make money is true with any business and including your affiliate marketing business.
Tags: affiliate marketing, affiliate marketer
Every Family Needs Multiple Income Streams By: Stacey Reid - There was time long ago that a family could survive and did survive off of one income. The father worked while the mom stayed at home. Today inflation and economic factors especially with the recession the country is in now, surviving from two incomes is difficult. Looking at this trend we can imagine what the future holds for families.
Tags: extra income, residual income
Start Small When Starting with Affiliate Marketing By: Stacey Reid - When you are starting out new as an affiliate marketer you should be concerned about making a little money at first. Think about making maybe $25 dollars a day. Most newbies make the mistake of thinking to large. They want to make what the advertisers are hyping in those ads saying you can be a millionaire within 24 hours.
Tags: affiliate marketing, affiliate marketers
How to Stay Focused as an Affiliate Marketer? By: Stacey Reid - Affiliate Marketing is growing at a phenomenal rate in the United States and around the world. The income made in this industry has excelled past the billions of dollars annually. The key to surviving and seeing your share of the profits in this industry is a rock solid plan that you have to stick to.
Tags: affiliate marketing, business, affiliate marketer
Cross Border Shipping Requirements By: scott gallagher - When you are making a shipment from Canada into the United States, there are certain documents and forms that need to accompany your shipment. Sometimes, your Toronto delivery company that you use may be able to help you in acquiring these forms, or in directing you to where to obtain them.
Tags: toronto delivery, toronto courier
Is Master Cleanse a Scam? By: Misa Smith - The answer to the title question is a resounding NO! The detoxification program called Master Cleanse is used for several different reasons and it is an effective treatment for them all. You can find out more about starting the program for yourself at the link in the author box below.
Tags: master cleanse, detox, detoxification, toxins, pollution
7 Money Saving Plumbing Tips By: Chad Wiley - Paying a plumber can be an extreme waste of money in some cases, because there are many things that you can do yourself that will save you hundreds of dollars in plumbing fees. 1. Look for and fix any and all leaky faucets and toilets. Fixing a toilet, faucet or lawn system reduces water consumption.
Tags: plumbing, fix house, plumbing issues