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In this episode, Rich Horwath, Founder and CEO of the Strategic Thinking Institute, discusses the concept of a strategic quotient and its importance. He shares practical tools for becoming more strategic, explores the significance of purpose and time management, and emphasizes the importance of filtering out noise and focusing on core themes. They also discuss the importance of evaluating people based on actions rather than words alone.
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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.
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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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