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.  

 

Red Flag Mechanism | Glossary

Definition:

A red flag is a warning or an indicator of a potential problem or threat, like any undesirable characteristic that stands out to an analyst because it pertains to a company’s stock, financial statements, or news reports. because there are many alternative methods used to pick stocks and investments, there are many alternative types of red flag.

Further Reading:

Book: Good to Great by Jim Collins.