Leading and Strategy
A strategy is a collection of actions organized in a plan to work toward a vision. Leaders are responsible for working with employees, customers, partners, suppliers, and stakeholders to define, implement and execute a strategy that helps the firm succeed in the marketplace.
Strategy was addressed annually or bi-annually in days gone by. Today, working on strategy is a continuous process involving a wide array of people and focusing on experimentation and learning.
Leading and Motivating
Leaders motivate team members through goal establishment, coaching, feedback and by providing ongoing developmental support. Although money is a component of why everyone works, other intangible factors like rewarding work and the presence of opportunities for professional development are powerful motivators, always assuming that compensation is fair. Effective leaders are constantly on the lookout for ways to tap into the drive and passion of their employees.
Essential Skills and Tasks of Today’s Leaders
A leader’s core role is to safely guide a group from one destination to another. Leaders must:
- Engender trust
- Provide clarity for direction
- Take responsibility for their team members and their team’s results
- Guide a continuous strategy refinement process
- Cultivate and motivate high individual and team performance
- Support experimentation and learning
- Develop talent
- Guide decision-making
- Establish and ensure accountability
- Develop and support core values
- Communicate with transparency
Developing as a Leader:
Although some individuals are naturally strong communicators or strategic thinkers, leaders are mostly made and not born. Developing as a leader takes time and experience, and it usually involves making ample mistakes. Libraries are filled with books about leading, but the only way to truly learn to lead is to engage in doing so. Training programs, books, and other materials can be valuable supporting tools, but learning to lead is a full-contact activity. Actions you can take to gain experience and promote the development of your leadership skills include:
- Volunteer to head problem-solving teams in the workplace
- Spend time serving as a project manager
- Get involved in volunteer leadership opportunities outside the workplace, such as local schools, not-for-profits or your religious institution
- Ask your boss for opportunities to guide or lead initiatives in your department
As you gain experience supporting and guiding the work of others, challenges will grow in complexity and ambiguity. One consultant describes leadership development as moving outward in a series of concentric circles, with the most basic leadership activities at the center and the most challenging work of senior leadership and organizational strategy and development at the far outer rings. Continually seek challenges that move you beyond the known and comfortable areas into new and increasingly complex problems.
The Bottom Line
Great leaders have a remarkable impact on the people they encounter. They’re motivated to achieve big things and they do it by guiding, challenging and supporting others. The work is difficult and sometimes vexing, but it’s remarkably rewarding.
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