From the course: Executive Leadership
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Think strategically
From the course: Executive Leadership
Think strategically
- Most people's thinking is dominated by the here and now. But effective executives make a habit of thinking ahead in time and across boundaries. They think in a disciplined way about the future, and they think beyond their tasks and teams. They consider implications for their whole organization, it's competitors, the economy, social issues, and global developments. Why? Because consistent strategic thinking gives you an advantage to see problems and possibilities others miss. Here's an example about Glen Barrows, former CEO of Concord Music Group. His strategic thinking created one of the most remarkable stories in the history of modern music. It began years back when Barrows conceived an innovative plan to produce and record independent music. Thinking ahead brilliantly, his first artist was Ray Charles, a world famous artist, but whose recent albums weren't selling as well. Seeing an opportunity everyone missed, Barrows proposed a duets album, one of the first of its type. He lined…
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