Strategic thinking - an essential skill of any CEO

In order to assess and iterate the company’s strategy going forward it’s of utmost importance to have the fundamental skill of strategical thinking. It is a rare skill though as it comprises of many ingredients¬†and most importantly requires abstract thinking. Here’s a quote i found which defines¬†strategic thinking really well:

“The essential part about strategic thinking is not about theoretic tools but about developing one’s thinking, feeling and acting in a rational as well as emotional way; it is about flexibility, professionalism, worldwide openness, clarity, but also calmness, inner strength and firm willingness.”

– Hinterhuber (1990, Author on strategic management)