A factual, research-based take on who ‘strategic leaders’ – those ‘effective at leading transformations’ – are, and what distinct qualities they possess.
Based on a 2015 PwC study of 6,000 senior executives, the research found that only 8% of the respondents turned out to be these strategic leaders, an increase of just 1% compared to the previous survey of 10 years ago. In part, this is because
In many companies, the individuals who make their way to the top of the hierarchy do so by demonstrating superlative performance, persistent ambition, and the ability to solve the problems of the moment. These are valuable traits, but they are not the skills of a strategic leader.
Acknowledging the reality in which:
Most companies have leaders with the strong operational skills needed to maintain the status quo. But they are facing a critical deficit: They lack people in positions of power with the know-how, experience, and confidence required to tackle what management scientists call “wicked problems.”
the authors set out to identify 10 principles that can help develop more strategic leaders within the companies.
Read this illuminating and thought provoking article in its entirety at 10 Principles of Strategic Leadership