Overcoming Strategic Leadership Challenges
In today’s business climate, there’s a great deal of discussion about strategic leadership.
However, there are many times when strategies fail to produce expected results, and when leaders without a plan will thrive, based purely on strong merit and high motivation.
Neither strategy is correct or incorrect. Both have their advantages and disadvantages. However, beneath the surface, there will always be some level of strategy at least implied even if it is not always consciously implemented.
So, what are some of the challenges facing today’s consciously strategic leaders?
It Requires More Energy and Commitment
Strategic leadership requires much more from the business owner who is ready to rise to the challenge. It involves always keeping the bigger picture in mind and steering the business in line with an overall vision.
Strategic leaders will need to know how to communicate their vision clearly and encourage others to unite behind it. They will also need to understand what works best when seeking to lead their teams effectively in a way that's aligned with their goals.
They will need to be aware of which resources are available and how to ensure that they are used wisely and appropriately.
They may need to plan the application of technology to help achieve their desired aims. - How to use it, who uses it, do they know how to use it efficiently, and is it being uniformly utilised across the business?
The strategic business leader must have courage, confidence, and a plan, always knowing which developments need to be taking place at each stage of the company’s growth and which resources will be needed for the implementation to occur smoothly.
When others simply fail to see their vision, they may need to call on a blend of technical knowledge, inner fortitude, personal ethics and professional skills.
For all of the above reasons, strategic leadership is complex and demanding.
It Can Sometimes Inhibit Flexibility
However insightful and effective the strategy may be, leaders need to remain flexible and ready to adapt to the twists and turns in their industry. Having a clear vision can be a powerful starting point, but there may be times when the sector, the market, or the business climate in general calls for adapting to new approaches.
A leader with a fixed vision and a matching strategy might find it difficult to pivot, adapt products and services, or navigate unforeseen trends and challenges in the business environment or the global economy. This inflexibility could ultimately run counter to their long-term ambitions and goals.
It Can Prove to be a Limitation
For many leaders, working with a strategy is the secret to their success, but for others, greater freedom is required if they are to constantly recreate, reinvent and redefine the vision that truly matches their goals.
For some fortunate leaders, a strategy can quickly become an automatic blueprint for success, but what if the vision is too small for what the company is truly capable of? There may be times when a strategy proves to be not only rigid but also limiting.
If a strategy is flawed or a company's potential for success has been misrepresented by it, the strategic leadership challenge is being able to spot the signs quickly, expand the vision, and act without reservation.
Being able to see where you and your company might be able to excel even beyond your original vision takes courage, creativity, and even more flexibility.
In Praise of Strategy
On the positive side, strategic plans can provide powerful tactical metrics for evaluating current successes and predicting future growth. Strategic leadership requires clear thinking and concrete systems for analysing, creating, re-imagining, and managing a business.
It requires the effective and strategic use of business structures, tools, technology, and resources to achieve growth and success when implemented well and in a timely and considered manner.
Strategic leadership skills mean not only understanding the bigger picture in the vast jigsaw puzzle of your enterprise, it also means knowing at any given time, where all the pieces are and how you might expect to gradually put them together to create the bigger picture.
Despite the challenges, it could be said that having a strategy that fails is preferable to having no strategy at all. If a strategy doesn’t quite work the first time, at least you have a system to tweak and a tangible set of problems to solve. You are aware of what needs to change and why.
Without a strategy, it can be difficult to pin down exactly what it is that needs to be fixed when things don’t work out as expected. In other words, as the saying goes, if you fail to plan, you plan to fail.
Getting Help Sooner Rather Than Later
If you’re unsure of how to create a strategy, you may need some help or facilitation to guide you through the process. If so, it's important to address this issue as soon as possible to avoid decline.
Do you need help identifying your company’s most powerful strategy for success?! Are you searching for someone to help you cut through the fat? Or do you simply need help solving the trickiest problems you’re currently facing when it comes to strategic leadership?
Let us help you to untie the complexity, simplify the roadmap, find all the pieces of your jigsaw and help you to see how they all fit together. Let us help you to peep into the cracks and create your blueprint for success.
Click here to get in touch with the team at Group Partners and discover our ground-breaking visual planning strategies and highly creative strategy workshops.