Question 1
Strategic thinking is referred to as an art because it does not involve outmode standards in its implementation and practice in executing business plans and strategies aimed at achieving tremendous business results. Strategic thinking is an art because it is something routine for a business leader but differs from one individual to another since a strategic thought working well for one manager will not guarantee success for another.
Though Freeman presented a five step model for getting strategic thinking work, strategic thinking is unlike science which will base its decisions on research finding and analysis. However, as an art strategic thinking bases its decisions on blending holistic non-traditional and traditional approaches in operating multi-level business strategies (Freedman, 2003). For instanced various “me-too” businesses prone of copying behaviors have been failing marvelously because they tend to adapt strategic thinking practices of other competitors.
Question 2
Discipline is paramount in establishing good relationships with stakeholders, customers and staff. Thus discipline is important in moving beyond ad hoc in business. Disciplined managers will enable businesses to institutionalize a cultural mindset in performance of duties in the society and the result is usually sustainable business as every stakeholder will be supporting each other in achievement of mutually exclusive goals. Sustainable development a business will then become an ongoing foundation for efficient and effective competitive advantage over competitors (Freedman, 2003).
An organization can be discipline by being understanding. This will involve understanding the need of employees, customers, suppliers, community and other stakeholders. The business by understanding stakeholders’ interests should always pursue its vision at the most fairest way possible and thus avoid any biased strategies that may see it succeed at expense of stakeholders.
ReferenceFreedman, M., Tregoe, B. (2003). The Art and Discipline of Strategic Leadership.
