Military leaders. CEOs. Venture capitalists. Frequently, people who fall into these categories are characterized as strategic, i.e., demonstrating foresight and anticipatory actions to establish and reach long-range goals.
Strategic thinking is defined as an individual's capacity for thinking conceptually, imaginatively, systematically and opportunistically with regard to the attainment of success in the future. It involves thinking multiple steps ahead to either set a long-term goal or to develop an approach (or a set of approaches) to achieve a goal.
In this article, Ann Butera discusses the benefits of strategic thinking and its role in audit and risk management.