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Strategy for the Top

Strategy for the Top by Bob de Wit - Crowdale.com

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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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Page 1: Strategy for the Top by Bob de Wit - Crowdale.com

Strategy  for  the  Top

Page 2: Strategy for the Top by Bob de Wit - Crowdale.com

CROWDALELeading In Online Executive Education

Strategy For The Top

Prof. dr. Bob de WitProfessor of Strategic Leadership, Nyenrode Business UniversityDirector, Strategy Works / Strategy Academy

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© 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

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© 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

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© 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

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© 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

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© Strategy AcademyPage

Key Question to Reach the Top

WHAT CREATES THE GLASS CEILING OF LEADERSHIP?

CROWDALELeading In Online Executive Education

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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

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© Strategy AcademyPage

At the top, issues are paradoxes, not puzzles

Engineering

Economizing

Politicizing

Strategizing

CROWDALELeading In Online Executive Education

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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

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© 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

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© 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

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© Strategy AcademyPage

Poll Question

I am capable to reach the top

1. Yes

2. No

CROWDALELeading In Online Executive Education

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© 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

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© 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

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© 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

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-­‐  Course  -­‐  Strategy  for  the  Top

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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

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