The four key components of strategic thinking are:
a. Vision: Formulating a clear and inspiring vision of the future, which guides the organization’s actions and decisions.
b. Analysis: Examining the organization’s internal and external environment, identifying patterns, trends, opportunities, and threats.
c. Planning: Setting clear goals and developing strategies that align with the organization’s vision, mission, and objectives.
d. Execution: Implementing the strategies, monitoring progress, and adjusting the plan as needed to achieve the desired outcomes.