2. Strategy
• A method or plan chosen
to bring about a
desired future, such as
achievement of
a goal or solution to
a problem.
• Planning of where you are
and where you want to be
• Competitive advantage
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4. Strategic Leadership
• Strategy + Leadership
• Leading strategically
• Bringing changes into
organization
• Building a strategy and
implementing that with an
effective leadership quality
• Making the subordinates to
understand the mission,
vision & challenges
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5. Strategic Leadership
• Is a person’s ability to anticipate, envision,
maintain flexibility, think strategically, and work
with others to initiate changes that will create a
viable future for the organization
• Is a process of providing the direction and
inspiration necessary to create and implement a
firm’s vision, mission, and strategies to achieve
organizational objectives
• Must involve managers at the top, middle, and
lower levels of the organization
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6. Strategic Leadership:
The Essential Skills
• Anticipating and forecasting events in the
external environment that have the potential to
impact business performance
• Finding and sustaining competitive advantage
by building core competencies and selecting the
right markets in which to compete
• Evaluating strategy implementation and results
systematically, and making strategic
adjustments
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7. Strategic Leadership (cont.)
• Building a highly effective, efficient, and
motivated team of employees
• Deciding on appropriate goals and priorities
for achieving them
• Being an effective communicator
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9. The Essential Skills cont.’
• Anticipate
• Gather information from a wide network of experts
and sources both inside and outside your industry or
function.
• Predict competitors’ potential moves and likely
reactions to new initiatives or products.
• Challenge
• Reframe a problem from several angles to understand
root causes.
• Seek out diverse views to see multiple sides of an
issue.
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10. The Essential Skills cont.’
• Interpret
• Demonstrate curiosity and an open mind.
• Test multiple working hypotheses with others
before coming to conclusions.
• Decide
• Balance long-term investment for growth with
short-term pressure for results.
• Determine trade-offs, risks, and unintended
consequences for customers and other
stakeholders when making decisions.
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11. The Essential Skills cont.’
• Align
• Assess stakeholders’ tolerance and motivation for
change.
• Pinpoint and address conflicting interests among
stakeholders.
• Learn
• Communicate stories about success and failure to
promote institutional learning.
• Course correct on the basis of disconfirming
evidence, even after a decision has been made.
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12. Summary
• What is “Strategy”
o Mission & vision + Competitive + Actionable
• What is “Leadership”
o Lead + Motivate + Mentoring + implementing
• Leading Strategically
o Find the strategic vision
o Make it clear, specific, strong
o Implement by efficient leadership
o Manage towards the vision
o Communicate the vision
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