Welcome to an enlightening episode of the Business Strategy podcast. I'm your host, Steve Coughran, and today we're privileged to have Rich Horwath, CEO of the Strategic Thinking Institute, with us. In this volatile business landscape, strategic thinking is no longer optional - it's a necessity. It's time to decode the true essence of being strategic. Backed by his vast experience, Rich will help us navigate through common strategic missteps that leaders often make and introduce us to the concept of Strategic Fitness, a critical tool for those aspiring for profitable growth. We'll hear real-life examples of how strategic approaches have triumphed over significant challenges, differentiate between strategy and tactics, and understand the key metrics to measure strategic success. In our dialogue, we'll unravel how strategic thinking bolsters long-term value and the influence of strategic leadership on team performance and morale. Considering the swift technological advancements and shifting market dynamics, we'll also forecast the future of strategy. Let's get started!
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