Meaning of the word "strategic thinking" in English

What does "strategic thinking" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

strategic thinking

US /strəˈtiːdʒɪk ˈθɪŋkɪŋ/
UK /strəˈtiːdʒɪk ˈθɪŋkɪŋ/

Noun

the process of analyzing critical factors and variables to formulate a long-term plan or approach to achieve a desired future state or goal

Example:
Effective leadership requires strong strategic thinking.
The company's success was attributed to its innovative strategic thinking.