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Slides from the live online lecture "Strategy for the Top". This was a trial lecture for the online Crowdale course "Strategy for the Top". http://www.crowdale.com/courses/strategy-for-the-top/
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Strategy for the Top
CROWDALELeading In Online Executive Education
Strategy For The Top
Prof. dr. Bob de WitProfessor of Strategic Leadership, Nyenrode Business UniversityDirector, Strategy Works / Strategy Academy
© Strategy AcademyPage
Bob de Wit§ Professor of Strategic Leadership, Nyenrode Business University§ Honorary Professor Maastricht School of Management§ Director, Strategy Works / Strategy Academy§ MA in psychology, MSc & PhD in Management Sciences
§ Journal of Change Management Editorial Advisory Board Member§ Strategic Management Society Best Paper Review Committee§ Former Chairman, VSB (Dutch Society of Strategic Management)§ Co-author Strategy Process Content, Context & Strategy Synthesis
§ Born and raised in Rotterdam§ Teaching experience in 44 countries§ Married, one daughter
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Flagship publications
“The authors carefully guide the readers through the many, often conflicting, perspectives in the field of strategy, in order to help them become critical and creative strategic thinkers”.
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Next Level of Leadership
§ Higher expectations and pressure on improved results;§ Higher levels of complexity and ambiguity;§ Increased information overload;§ Incompatible and even contradicting information;§ And a variety of opinions and perspectives…..
…require effective leadership and leaders who stretch their ‘glass ceilings of leadership’ on permanent basis
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Key Learnings
After this lecture you will:
Ø Know what the important barrier is to reach the top;
Ø Understand what it takes to stretch your own glass ceiling;
Ø Be able to decide whether you are willing to reach your next level;
Ø Order the series of Crowdale lectures (we hope)
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Key Question to Reach the Top
WHAT CREATES THE GLASS CEILING OF LEADERSHIP?
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
From ‘my perspective’ to ‘bridging’
RationalReasoningPerspective
GenerativeReasoningPerspective
Great leaders:
‘Great’ leaders have the ability and capabilities to bridge differences of opinion, preference and interests at a higher level’ (Collins & Porras)
21ST Century leaders
‘This goes beyond professional competence. It relates to personal development objectives and ambitions’ (Trompenaars & Hampden-Turner)
Strategic Leaders:
‘Strategic leaders have the ability and capabilities to apply ‘great’ leadership principles on strategic issues and tensions’ (De Wit & Meyer)
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
At the top, issues are paradoxes, not puzzles
Engineering
Economizing
Politicizing
Strategizing
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Poll Question
Do you think that the great leaders of today distinguish themselves with others by being able to managing tensions and paradoxes?
1. Yes
2. No
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Example: Corporate Level Strategy Perspectives
Portfolio OrganizationPerspective
Integrated Organization Perspective
Synergy:
Multi-business companies must exploit synergies between businesses to create competitive advantage.
Multi-country companies must exploit global synergies to create competitive advantage.
Responsiveness:
Businesses must remain responsive to market changes.
Businesses must remain responsive to local differences
Synergy
Responsiveness
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Strategic leaders take a dialectical approach
Range of ideas
Points of contention
Stimulus for bridging
Stimulus for creativity
Presenting opposite perspectives frame the full set of views that exist on the topic
The ´contrast function´ of opposite ideas is that it brings points of contention into sharper focus
The ´integrative function´ of presenting opposite ides is that it stimulates readers to seek a way of getting the best of both worlds
The ´generative function´ of presenting opposite ideas is that it stimulates innovative ideas
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Poll Question
I am capable to reach the top
1. Yes
2. No
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Key principles for leadership at the Top
Stretching your ‘glass ceiling of leadership’ means:
• Deciding it is worth giving up mental seatbelts
• Knowing yourself and accepting the way it is
• Overcoming your own perspective (opinion, interest, preference, etc)
• Understanding others’ perspectives (strengths, advantages)
• Embracing the differences (great you’re different, let’s explore)
• Developing capabilities to bridge differences and contradictions
CROWDALELeading In Online Executive Education
© Strategy AcademyPage
Strategic Thinking
Organizational Purpose
International Context
Organizational Context
Industry Context
Network Level Strategy
Corporate Level Strategy
Business Level Strategy
Strategic Change
Strategy Formation
Logic Creativity
Profitability Responsibility
Globalization Localization
Control Chaos
Compliance Choice
Competition Cooperation
Responsiveness Synergy
Markets Resources
Revolution Evolution
Deliberateness EmergenceStrategyProcess
Purpose
StrategyContext
StrategyContent
Section Chapter Topic Strategy Tension
Leaders Dealing with Strategic TensionsCROWDALELeading In Online Executive Education
© Strategy AcademyPage
Strategic Goals
Core Interests
Core Values
Personal Malleability
Personal Competence
Interpersonal Influence
Interpersonal Control
Org. Decision-making
Organizational Composition
Strategy Continuity
Ambition Realism
Self-actualization Service
Wealth Health
Authenticity Adaptation
Thought Action
Challenge Appreciation
Tasks Conditions
Direction Participation
Unity Diversity
Exploitation Exploration
Purpose
Section Chapter Topic Leadership Tension
Personal
Interpersonal
Strategic
Strategists Dealing with Leadership Tensions
Organizational
CROWDALELeading In Online Executive Education
-‐ Course -‐ Strategy for the Top
Course Strategy for the Top
• Start: 20 november / 5 weeks
• Audience: C-‐level, partners, business owners, entrepreneurs, future board members
• 4x live webinars
• Weekly assignments
• Books included
• Costs: € 995,-‐
20 november, 20.00-21.30 Key Strategic & Leadership Issues27 november, 20.00-21.30 Perspectives on Corporate Strategy11 december, 20.00-21.30 Improve Innovativeness18 december, 20.00-21.30 Corporate Responsibility & Social Media
About the book
Strategy: Process, Content, Context4th Edition
Bob de Wit and Ron Meyer9781408019023
Thanks for your ParJcipaJon!