Strategic thinking Essay


Due to the increased number of companies which has resulted into increased market competition, there has been consistent need for improving the business strategies. All the companies aim at maximizing returns. Competition is usually healthy in the business field because it requires continuous improvement which in the long run leads to increased profits and business expansion.To achieve this economic growth, proper strategies must be implemented. The strategy formulation and implementation is usually done by the managers. To do it to perfection, strategic thinking and team effectiveness are necessary.This essay seeks to identify aspects of strategic thinking that should be used in a team, evaluate the contribution of strategic thinking in team’ s effectiveness, identify key value adding characteristics that should be used in team process to develop strategic analysis, the routine and/or unique activities pursued and how they affect strategic thinking, identify areas that limit a team’s performance and deriving implications for challenges facing managers and the aforementioned MBA study group in particular in thinking and acting strategically in future.

Strategic Thinking and team effectiveness

Strategic thinking is usually useful in strategic planning, formulation and implementation. It usually involves thinking critically taking into account the past, present and the future. One usually predicts the aspects that are probable to occur in the future such as opportunities, risks and trends.This usually helps in taking opportunities in the market field as they arise so as to maximize profits and avoiding losses by implementing strategies to avoid it (Meadows, 2008). All these activities are not possible to be done by an individual. This thus brings in the idea of working as a team which is usually helpful in strategic formulation and implementation. Team work usually helps in improving creativity.This usually improves the output in that one is able to improve on strategic thinking. In the first instance, the results might not be that good but with time the team would improve and better results would be attained (Tjosvold and Kwok, 2004).One of the good aspects of a team is that the teamwork should be self governing. This removes the necessity of regular follow ups as the team members have the internal drive which give them the urge to perform better and better. The team should understand clearly their goals, identify their specific roles, build trust between them and accept each other despite of ones strength or weakness.

This usually reduces the probability of conflicts and improves production due to good coordination between members. When working as a team, people usually speak their mind. When this happen, an answer from one person usually triggers the mind of other members and eventually very promising ideas emerge. In team work, communication is very essential and any doubt should be clarified.This ensures efficient performance of the duties and usually helps in time management. Thus being attentive is very necessary. Loyalty is very important as makes the team members to be at comfort when dealing with fellow members. The success or failure in teamwork is usually for the whole group and not for specific people (Wise and Hauser, 2007).The performance of a team may be affected either by internal or external factors. The external factors are mostly beyond the members’ capability such as economic constrains and political interference.The internal factors are mostly from the interaction between team members and may include the presence of compelling arguments, insufficient confidence in team members that they have sufficient capability to contribute, pressure from fellow team members among others.In cases of emergency the teamwork may not be very effective due to the presence of disagreements. Other challenges include lack of interest or necessary skills by some members which would eventually reduce productivity. These are some of the challenges facing managers in undertaking their duties (Douglas, 2009).In the running of our day to day activities, we usually encounter challenges. The challenges are usually useful and form part of the platform for strategic thinking. This includes breaking of a problem in smaller units which are analyses individually and thus it is possible to check even the minor causes of a problem. In the case of taking the MBA group work, the probable problems are usually the same as those of teamwork.

These group assignments usually assists student to get a clear picture of the interaction in the real business world. Thing are not smooth as they may be thinking and the challenge they meet make them think strategically before getting the right solution. This usually prepares them for the future challenges they will meet in the business world (Stephen, 2006The most important aspects of business management include future vision, mission, value, strategies and social responsibility. Strategic thinking is found to be very useful in the running of the businesses (Haines, 2000). The competition is increasing and therefore new strategies are to be formulated and implemented to maintain the business as well as win more customers.Strategic thinking ensures continuous business development which usually attracts investors and the shareholders are motivated. Due to the increased number of activities and the urge to get the best, teamwork is usually implemented. Despite the various challenges facing team work, the advantages outweigh the demerits and thus it is encouraged.Challenges encountered should not always be condemned as they usually form a platform for reference in formulating the strategies for the problem and also of other related problems Richard, L. H., and Colarelli (Richard and Colarelli, 2005).


Douglas, K. (2009). The Firefly Effect: Build Teams That Capture Creativity and Catapult Results. New York: Cengage Learning.

Haines, S. G. (2000). The Complete Guide to Systems Thinking and Learning. Amherst, USA: Human Resource Development.

Meadows, D. H. (2008). Thinking in systems: a primer. Vermont, USA: Chelsea Green Publishing.

Richard, L. H and Colarelli, B. (2005). Becoming a strategic leader: your role in your organization’s enduring success. New York: John and Willey Sons.

Stephen, H. (2006). Pearls of Wisdom II: How to Work with Executives. New York: Willey and Sons.

Tjosvold, D and Kwok, L. (2004). Leading in high growth Asia: managing relationship for teamwork and change. New York: Cengage Learning.

Wise, C and Hauser, S. (2007). The Business School Buzz Book. New York: Prentice.

Homework Essay Paper Writers
Calculate your order
Pages (550 words)
Approximate price: -

Why Choose Us

Top Quality and Well-Researched Papers

Top Quality and Well-Researched Papers

We always confirm that writers follow all of your instructions precisely. you'll choose your academic level: highschool, college/university or professional, Your order will be assigned to a writer who possesses a respective degree.

Highly Experienced Paper Writers

Highly Experienced Paper Writers

Our team of professional academic writers has years of vast experience in academic writing, research, and formatting. So you can always be sure that your project is in safe hands.

Free Revisions Essay Writing

Free Unlimited Revisions

If you believe we missed something, feel free to send your order for a free revision. After receipt of the final document, You have 10 days to submit the order for review. A revision can be submitted by logging into your personal account or by contacting our support team.

Timely Assignment Delivery

Timely Delivery and 100% Money-Back-Guarantee

We ensure that all papers are always delivered on the expected time. In any case, if we require more time to polish your paper, we may contact you regarding the deadline extension. In case you are not in a position to allocate additional time, a 100% order refund is guaranteed.

Plagiarism free custom writing

Plagiarism free & Confidential

As part of our quality assurance process, we use several writing tools and checks to ensure that all documents you receive are 100% unique and original.Each paper undergoes careful review by our editors to deliver plagiarism free essays. We also guarantee maximum confidentiality in all of our services.

Real time chat essay writer

Real time online chat with your writer

Our writers and support agents are available 24 hours a day 7 days a week to assist you. We are committed to providing you with top-notch customer experience. Chat with us anytime.

Try it now!

Calculate the price of your order

Total price:

How it works?

Get your paper done in these simple steps

give essay topic

Give your requirements

Fill in the order form and tell us about your assignment, instructions and deadline

pay for essay

Proceed with the payment

Choose your preferred payment method and the writer will start writing your custom paper.

download custom essay

Download the final file

Once your high quality custom paper is ready, we will email it to you.

Our Paper Writing Services

We are here to ensure you dont get stuck with your coursework and assignments. Focus on your hobbies and enjoy some quality leisure time as we write your paper. You can trust our kinds of writing services.

essay writing service essay helper


Essay Writing Service

Stuck with an essay assignment? Making an admission application? We specialize in writing high quality and engaging personal statements as well as application essays. Our professional academic essay writers are experts in writing 100% original essays according to order specifications. From compositions, creative writing to literary analysis we've got you covered.

professional assignment Help assignment writer


Professional assignment Help

Your routine homework and academic assignments are completed on time and at affordable prices. Submit your assignments and the respective subject matter expert will get it done within no time and painlessly. Better grades will be yours without any stress at all!

research paper writing service english essay writer


Research and Term Papers

Every member of our dynamic essay writing team is an expert in academic research. They are all well versed with APA, MLA, Chicago, Harvard citation formats. Your research paper gets to you fully formatted and ready to be submitted. The research involved in writing your paper is always 100% original. This is part of our commitment to provide you with papers free of plagiarism.

custom writing academic writer

Custom Writing

Custom Writing Services

Our highly experienced business, nursing, and psychology writers are true professionals with vast prowess at delivering outstanding work in a wide range of fields. You dont have to worry about Short deadlines anymore. Just give us the instructions and you'll receive your custom paper ASAP! We have fully qualified, full-pro writers on stand by to assist you.