From the course: Strategic Thinking
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Get strategic about your career
From the course: Strategic Thinking
Get strategic about your career
- Everyone knows corporations need to have a strategy. We're going to expand to Latin America first, then to Asia. We're going to launch the sports car and then the sedan. We're going to cut our product line by 50% and only focus on our most profitable items. Those are all potentially solid strategic decisions at the enterprise level. But strategy isn't just for corporations. Teams, of course, need to have their own strategies in order to implement what the corporation wants to do. If we're expanding in Latin America, HR might need to focus on hiring more Spanish and Portuguese-speaking employees, operations might need to rent office space in Sao Paulo and Bogota, and marketing will want to start conducting regional focus groups. The fact that they're doing those things means they're not doing something else, and that's a strategic choice, but it also plays out at the individual level as well. To make yourself maximally…
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