STRATEGY IN LEADERSHIP

Strategy is an everyday part of leadership. In many ways it is something that every single manager or leader does – at home, at work, during meetings, while solving problems etc. But it is surprising –perhaps also alarming – that most of the time this critical task is carried out without a blueprint or a plan. Strategy is a plan, a “how,” a means of getting from here to there. It is also a perspective – that is, vision and direction. Morris Chang, former CEO of TSMC once said, “Without strategy, execution is aimless; without execution, strategy is useless”.

Strategy provides the plan of action and direction for the growth and success of an organization. To successfully deal with change, all executives need the skills and tools for both strategy formulation and implementation. Managing change and ambiguity requires strategic leaders who not only provide sense of direction, but who can also build ownership and alignment within their work groups to implement change. For instance, setting goals is a very important part of strategy. Among many other things this program will also cover how to set SMART goals (specific, measurable, attainable, relevant, and timely), solve problems using the MECE approach (mutually exclusive and collectively exhaustive) and communicate solutions using the “pyramid principle”. In the program, strategic thinking, change, creativity, innovation, disruption, decision making, and communication come into focus