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Strategic Leadership
Jun 26, 2024
Strategic Leadership
Definition and Responsibilities
Strategic Leaders
:
Responsible for knowing the organization's environment, considering future scenarios (5-10 years), and setting a direction for the future.
Must anticipate and envision the future, maintain flexibility, think strategically, and work with others to initiate change.
Tap into dreams for the future and link them with strategic actions.
Types of Leaders
Uninvolved Leader
:
Low in both vision and action.
Not really a leader.
Doer
:
High in action, low in vision.
Hard worker, dedicated but working blind.
Dreamer
:
High in vision, low in action.
Inspires others but weak in executing strategic actions.
Vision has little chance of becoming reality.
Effective Leader
:
High in both vision and action.
Transforms dreams into significant strategic actions.
May hire other leaders to execute the vision effectively.
Domains of Strategic Leadership
Vision
:
Clear, compelling vision for 5-10 years ahead.
Aspirational for the future.
Mission
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Core values, purpose, and reason for existence.
Answers: Who are we?
Strategy
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Direction for translating vision into action.
Basis for development of specific mechanisms.
Answers: How do we achieve the vision?
Action
:
Specifies immediate tasks.
Strategies are intentions, actions make things happen.
Developing Strategic Leadership Skills
Anticipate Threats and Opportunities
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Constantly scan the environment, talk to people, research to spot change.
Challenge the Status Quo
:
Question assumptions about mental models and the world.
Examine problems from many perspectives.
Interpret Trends
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Look for patterns, seek new insights.
Avoid easy answers.
Achieve Alignment
:
Gain buy-in from employees and stakeholders.
Ensure everyone aligns in the same direction to achieve vision.
Improvement
:
Identify and correct weak points in leadership skills.
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