You cannot have a strategy without first understanding the system, and you cannot have a system without first developing a strategy.
Enterprise is a complex business system, so system thinking looks at business holistically with an in-depth understanding of interconnectivity and relationships; today’s business is dynamic and volatile, so strategic thinking is imperative to connect the current state and “to be” state, to bridge the difference in gaining competitive advantage. More specifically:
In conclusion: Strategic thinking is about where you are, where you want to be, identify the gap and create the alternate approaches to anticipate and provide solutions; whereas system thinking looks at the whole pictures, the interaction and relationships holistically, and involves the sequential alignment of a series of steps in already identified strategic approaches. They are the complementary thinking processes in running today’s over-complex and hyper-connected digital business.