Strategic Leadership –What’s Your Style?
Strategic Leadership is the ability of influencing others to voluntarily make decisions that enhance the prospects for the organization’s long-term success while maintaining long-term financial stability. Different leadership approaches impact the vision and direction of growth and the potential success of an organization. To successfully deal with change, all executives need the skills and tools for both strategy formulation and implementation. Managing change and ambiguity requires strategic leaders who not only provide a sense of direction, but who can also build ownership and alignment within their workgroups to implement change.Strategic leadership provides techniques that focus organizations when they are deciding on their purpose and best business practices that are critical for remaining competitive and relevant. Being able to learn and adapt has become vital for sustainability. Failure to be able to adapt to changing technology, climate change, and economic factors risks the organization becoming obsolete. Remaining successful requires a different way of thinking about how to marshal the resources and deliver services. It is important to engage the entire business in a strategy dialogue in order to lay the foundation for building winning organizations that can define, commit, adjust and adapt their strategy quickly as needed.
The STYLE of Strategic Leadership in an Organization
There are various strategic leadership styles. With strategic leadership being such a broad topic Rowe differentiates between strategic, visionary and managerial leaders. Strategic leadership presumes a shared vision of what an organization is to be, so that the day-to-day decision-making or emergent strategy process is consistent with this vision. Managerial leaders influence only the actions and decisions of those with whom they work. They are involved in situations and contexts characteristic of day-to-day activities and are concerned with and more comfortable in functional areas of responsibilities. In contrast visionary leadership is future oriented and concerned with risk taking and visionary leaders are not dependent on their organizations for their sense of who they are. Visionary leaders work from high risk positions, and seek out risky ventures, especially when the rewards are high (Rowe, 2001).
Leаderѕhiр remains one of the most relevant аѕрeсtѕ of the оrgаnizаtiоnаl context. However, defining leadership is challenging. “The difficulty of arriving at a simple, cut-and-dried definition of strategic leadership is underscored in the literature on the subject.” (Beatty and Quinn, 2010, p. 3). The definition of leadership varies from situation to situation. Strategic leadership filters the applicable information, creating an environment where learning can take place. Strategic leadership is a combined responsibility of the leader, the follower and the organization. Leadership presents challenges that call forth the best in people, and bring them together around a shared sense of purpose. With intentionality, alignment, and a higher purpose; the work between the leader and the followers create a synergy. Despite what style of leadership, the various styles can support one another to achieve the goals of the organization. Strategic leadership can only be achieved when the leader is strategic in their approach to the matters of the organization.
As a Strategic Leader, what is your style?
- Rowe, W. G. (2001). Creating Wealth in Organizations: The Role of Strategic Leadership. The Academy of Management Executive, 81-94.
- Beatty, K., & Quinn, L. (2010). Strategic Command Taking the Long View for Organizational Success. Leadership In Action, 30(1), 3-7.
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