March 03, 2012

Strategic leadership

strategyStrategic leadership seems important for all companies as it is about the strategy and vision and how the leader translates thems into every-day activities, so that people are connected with the organisation. The strategic leader needs to foresee and create the future for the company and prepare it as well for future challenges.

One important aspect of the strategic leadership is when it comes to take advantage of current opportinities which will make your company stand out the competition. And here comes the problem. Most companies will go for the same opportunities more or less, because it is what they know. For example, they may produce a by-product under their current portfolio.

Nevertheless, the challenge is to exploit or create an opportunity outside the comfort zone of the company. As strategic leadership includes the element of shaping the future, it seems very tempting to identify a new opportinity in the market that no other company has thought before. In fact, though, there are so little companies that try something completely new.

And the reason for this lies in the limitations and the resistance in change that most leaders face within the company. It is due to stakeholders that many innovative ideas fall apart, either because they don't understand or because they are afraid of change.

- One comment Not publicly viewable

  1. Daniella Abena Badu

    I think strategic leadership is critical for every organisation to remain competitive. Most organisations that are successful are those with leaders who are able to think outside the box, innovative and not afraid to take calculated risks. However such leaders tend to face challenges if the organisation does not embrace a change culture as you rightly mentioned.

    10 Mar 2012, 11:50

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