5 Steps to Lead a Change in Strategy & Questions to Begin the Process

  

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1.  Clarify aspirations and business strategy

• Does your organization have a compelling vision and clear mission?
• Does it espouse values that people accept and embrace?
• Is there a clear understanding of your organization’s strategic drivers and business strategy?

2.  Identify capabilities to implement business strategy

• What are the new organizational capabilities needed as a result of changes in your competitive environment?
• Will you need to practice leadership differently as a result of those new competitive challenges?
•  How will you support ongoing organizational change and the individual, team, and organizational learning it requires?

3.  Assess those capabilities

• Are there changes needed in your organization’s culture because of new competitive challenges?
• Are you able to identify and minimize aspects of your structure that undercut the ability of individuals and teams to implement your strategy effectively?
• Do you have mechanisms in place for maintaining a strategic perspective amid tactical, day-to-day demands?
• Does your organization have adequate systems for attracting, developing, and retaining the talent needed for success?

4.  Make leadership development a key component

• Which competencies are most critical to the success of your organization and its business strategy?
• Does your leadership development strategy incorporate multiple types of experiences: training, coaching, mentoring, action learning, and developmental job assignments?
• Have you created a feedback-rich environment that includes regular opportunities for 360-degree leader effectiveness feedback from bosses, peers, direct reports, and other key stakeholders, as well as periodic self-assessments?
• Do you provide opportunities for developing not only individual leaders, but also strategic teams?

5.  Get top leadership support

• Does the top see leadership as a strategic competitive advantages?
• Are members of your senior team willing to be public champions of leadership and leadership development?
• Do you have a communication plan for making the link between your leadership strategy and business strategy understood throughout the organization?

From Richard Hughes and Katherine Beatty (2005, December) 5 steps to leading strategically. T+D, p. 46-48.  

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