Posts

Showing posts from January, 2023

Essential Skills for Strategic Leadership and Management

Image
Strategic leadership does not happen in a roomful of top executives. It actually occurs at every level starting at the top. The management formulates strategies over a period, which are translated to regional goals at department levels, which are further translated to individual levels. What is strategic leadership? Strategic leadership and management offer the direction and scope that drives organizational success. With the right skills, leaders can create greater opportunities in uncertain environments. The six leadership skills when mastered enable leaders to think strategically and effectively navigate through uncertainties. Anticipate A majority of the leaders are unable to anticipate ambiguous opportunities and threats. On the other hand, strategic leaders are vigilant and constantly scan the environment for signals showing possible changes. Some ways to improve this skill include: • Talking to customers and suppliers to know about their challenges • Attending conferences and