Chapter 8 - Strategic Leadership and Leading Change Flashcards
Strategic leadership
-Leading the strategy of an organisation
● Developing and initiating leadership strategically in organisation
● Leadership at the top of the organisation
● Involves a focus on internal and external factors and is concerned with positioning the organisation within its context
● Involves greater degrees of complexity and ambiguity that leadership at other levels
● Multifunctional and integrative in comparison to other, more specialised roles in organisations
● Leading through others
3 hamstrings idea of differentiated strategic leadership. SVM.
Strategic leadership:
= the ability to influence others to voluntarily make decisions that
enhance the long-term viability, as well as short-term financial viability
Visionary leadership
= future-oriented, concerned with risk-taking, control is maintained through socialisation and shared normes, values and beliefs
Managerial leadership = stability and order and focuses on day-to-day activities, short-term oriented
At what levels is transformational VS transactional leadership the best?
Top & director level - only transformational.
Senior, Middle and Lower - a mix of transformational and transactional.
6 important aspects in strategic leadership.
- Context - defining the opportunity
● Conviction - fueling the performance
● Credibility - keeping the stakeholders on board
● Enhancing differentiation - the difference is culture
● Strengthening corporate identity - competing for a share of hearts and minds
● Generating a trust premium - promoting inclusive capitalism
Strategic leadership through 2 frames of reference. Who strategic leaders are and what strategic leaders do.
- Who strategic leaders are
a. Collective cognition
b. Individual inspiration - What strategic leaders do
a. Political action
b. Social practice
Systematic leadership
The leader role is to keep organisations relevant in modern climates by being alert to new
reality signals from external sources.
Systematic leaders are those who ensure that organisations
are always an open system by remaining attentive to networks, relationships and patterns in the organisational system, they are attentive to distress in the system and work with other members
to diffuse distress. A more networked version of strategic leadership; leadership as a network.
Very much like other notions of leadership (transformational).
Leading change, techniques for change management (Schlesinger). 6 types.
● Education and commitment - educating and committing people to change
● Participation and involvement - involving people in change
● Facilitation and support - enabling people through change
● Negotiation and agreement - negotiation with resistors
● Manipulation and co-optation - using power and politics to control those involved in the
change process
● Implicit and explicit coercion - using threats and punishments to control change
8 steps to successful change (Kotter)
- Sense of urgency
- Develop a guiding team
- Create uplifting visions and strategies
- Communicate visions and strategies
- Empower people to remove obstables
- Create short-term wins
- Keep momentum
- Make change stick