The Greg McKeown Podcast
240. Strategic Quotients with Rich Horwath (Part 1)
Oct 19, 2023
Rich Horwath, Founder and CEO of the Strategic Thinking Institute, shares insights on strategic thinking and its critical role in leadership. He discusses the concept of 'strategic quotient' (SQ) and how it complements IQ and EQ for executive success. The conversation dives into the importance of reflecting on personal purpose and minimizing distractions to enhance focus. Horwath emphasizes empathy and proactive listening in addressing community issues. Listeners are encouraged to take immediate actionable steps and seek accountability in their journey.
30:35
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Quick takeaways
- Strategic Quotient (SQ) measures the ability to think, plan, and act strategically, highlighting the importance of strategic thinking in personal and professional settings.
- Finding purpose and understanding core competencies are key to applying strategic thinking and choosing the right channels for strategic action.
Deep dives
The Importance of Strategic Quotient
The podcast episode discusses the significance of having a strategic quotient (SQ) in addition to intelligence quotient (IQ) and emotional quotient (EQ). SQ refers to the ability to think, plan, and act strategically on a continuous basis. The research behind SQ is based on assessments of acumen, allocation, and action. The average SQ score among the participants is 69 out of 100, indicating room for improvement. The episode emphasizes the value of strategic thinking and planning in both personal and professional settings, highlighting the need for individuals to understand their purpose, values, and goals when making strategic decisions.
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