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Strategy and Leadership
When the term strategic plan is used in business, thoughts immediately turn to an image of a document that has been prepared at board presentation standard, with the content consisting of a list of ‘priorities for action’ for the next 3 to 5 years. HCP’s Strategic Management Institute (SMI) has identified many other benefits from strategy these include:
- Problem Solving
A fundamental component of strategising, it is usually the ‘wicked’ strategic problems that cause the most concern, they have innumerable causes, are tough to describe, and often don’t have a right answer.
- Learning
Strategising presents the opportunity to take time out to focus on all of the issues that are not deeply considered on a daily basis: the future, competitors, market positioning, core competencies, transformation.
- Structure
The founding observation of formal strategy was observed in the 1960’s by Alfred chandler who uttered the most repeated words around strategy: “structure follows strategy, systems and processes follow structure”.
- Transformation and Renewal
While building on the core can be beneficial, we note that it is even more important to respond appropriately when the core is rotten. The SMI’s research has found that:
- continual transformation and renewal facilitates a virtuous cycle of value generation;
- a lack of renewal results in a vicious cycle of decline and obsolescence.
Leadership
Fundamental to the delivery of all strategy is the opportunity for the CEO to use it as a means to get everyone ALIGNED around a commonsense of purpose and direction.
Different situations call for different leadership styles and conversely, different leadership styles deliver different strategic and operational outcomes.
HCP Leadership Services
HCP applies content developed by Ron Meyer (Managing Director of the European based Centre for Strategy and Leadership) who has structured leadership styles around ten dimensions of leadership. Questions addressed By Meyer include for example:
Supervisory vs. Facilitative Leadership Style
Do I adopt a supervisory or a facilitative leadership style? The difference is significant, both can be equally appropriate. The correct approach – depends on the individual and the situation at hand. Our coaching allows us to help individuals develop greater balance.
Demanding vs. Encouraging Leadership Style
Some individuals are often criticised for being overly demanding, these individuals defend criticism in the knowledge that without consistent pushing results would not be achieved. Who is right? Again, it all depends.
How can we help?
The Strategy Effectiveness Assessment
This service is designed to provide clients with an unbiased assessment of various aspects of their strategy and strategy content starting with that of leadership and leadership effectiveness. Outputs include an impartial commentary on the quality of strategy, the challenging of any ‘wicked’ strategic problems that appear and ideas on how content can be enhanced. Specific areas covered include strategic renewal, structuring, alignment, culture and an in depth perspective of strategy content. When conducted in conjunction with our Strategy Process Effectiveness program, clients are provided with a full analysis of the efficiency and effectiveness of their strategic management capability and recommendations on ways in which both process and content can be improved.
Leadership Development
HCP’s Strategic Management Institute offers custom-made programs that consist of a combination of lectures, discussions, cases, exercises and projects, followed by post-program individual or group coaching to ensure implementation.
Outcomes and Benefits
With a focus on strategic alignment, our programs enhance the leadership and strategic competences of individuals and teams. The inevitable outcome:
Better strategy, better results, stronger culture, happier teams, and the ultimate reward:
“A Great Place to Work”
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For help getting started:Contact us
hcandp@hcandp.com
(03) 9863 8980