On Leadership Dr. Thomas Ponniah Harvard University [email protected].
Strategic leadership SPL reference with HARVARD BUSINESS REVIEW
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Transcript of Strategic leadership SPL reference with HARVARD BUSINESS REVIEW
Strategic Leadership
“Effective leadership is not about making speeches or being
liked ; leadership is defined by results not by attributes”Peter drucker
Ponmuthu s
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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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Leadership
• Leading • Influencing• Commanding • Guiding • Improving people• To attain the mission
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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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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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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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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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Strategic Leadership:The Essential Skills on HBS study
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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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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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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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Summary• What is “Strategy”
o Mission & vision + Competitive + Actionable• What is “Leadership”
o Lead + Motivate + Mentoring + implementing• Leading Strategically
o Find the strategic visiono Make it clear, specific, strongo Implement by efficient leadershipo Manage towards the visiono Communicate the vision
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