Developing strategic thinking as a core competency

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Document Information:
Title:	Developing strategic thinking as a core competency
Author(s):	Ingrid Bonn, (Graduate School of Management, Griffith University, Queensland, Australia)
Citation:	Ingrid Bonn, (2001) "Developing strategic thinking as a core competency", Management Decision, Vol. 39 Iss: 1, pp.63 - 71
Keywords:	Core competences, Management development, Strategic planning
Article type:	Research Paper
DOI:	10.1108/EUM0000000005408 (Permanent URL)
Publisher:	MCB UP Ltd
Abstract:	Lack of strategic thinking by senior managers has been identified as a major shortcoming in organisations. Draws on concepts in management and psychology to present a framework that can be used to remedy this situation. Argues that strategic thinking needs to be addressed at two different, but interrelated levels: the individual level and the organisational level. Organisations that successfully integrate strategic thinking at these two levels will create a critical core competency that forms the basis of an enduring competitive advantage.