Strategic Thinking | Glossary

Definition:

Strategic thinking is a process that defines the way during which individuals think about, assess, view, and create the longer term for themselves . Strategic thinking is an extremely effective and valuable tool. One can apply strategic thinking to arrive at decisions that can be related to your work or personal life. Strategic thinking involves developing an entire set of critical skills.

Further Reading:

Book: Good to Great by Jim Collins.  

 

Hub and Spoke | Glossary

Definition:

A hub and spoke structure is an investment structure used by an investment firm in which several investment vehicles, each remaining individually managed, pool their assets together, contributing to one central investment vehicle. this can also be known as a master-feeder structure. All of the funds within the system generally have the same investment objective. The smaller investment vehicles are referred to as the “spokes.” The central investment vehicle is referred to as the “hub” or the master fund.

Further Reading:

Book: Writing Effective Use cases by Alistair Cockburn.