Strategic leadership refers to how a leader visualises, plans, leads, and makes the best out of the resources available to execute strategies as efficiently and successfully as possible. Strategic leadership achieves its aims by building individual and organisational capability.But the core importance and aim of a strategic leader is to anticipate challenges, interpret complex information, and steer an organisation towards an improved future in uncertain times. In the present scenario with a leadership crunch, professionals need to develop new skills and tools to help them become influential leaders in today’s changing work environment.
How Strategic Leadership Can Handle Disruption and Uncertainties
The roles of leaders today are different from what they used to be in traditional organisations. Leaders in the 21st century are grappling with a complex business environment which makes strategic leadership an imperative role.The pandemic has disrupted how business is conducted and has accelerated the need to adapt quickly. According to McKinsey survey only 11% of respondents believed that the current business models would be economically viable through 2023, whereas, two-thirds said their companies needed to adapt to the change. This means that strategic leadership will have a more prominent role in anticipating the organisation’s needs with a view to implement meaningful change amid the contemporary era of disruption.
Famous Personalities With Strategic Leadership Characteristics
Take a look at some of the prominent strategic leaders who have proficiently anticipated and handled disruption and uncertainty.
Jacinda Ardern, Prime Minister of New Zealand :
During the COVID-19 pandemic, Ardern’s swift decision-making and vision kept casualties low. She demonstrated impressive social skills while being articulate and direct about her leadership strategy, which are critical traits of a strategic leader.Jeff Bezos, Amazon founder and CEO:
Bezos is responsible for bringing his company’s stock up by 225,000%. The Bezos strategy’s hallmark is refusing to focus on short-term gains, thinking long-term, and seeing the organization as an interconnected whole.
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