bistrat individual summary leadership

8/2/2019 Bistrat Individual Summary Leadership

1/5

Strategic Leadership

There are difference between leadership and management. Management is all about

coping with complexity to produce orderly and consistent result, whereas leadership is about

dealing with change, concerned with creating a shared vision of where the organization istrying to get to, and formulating strategies to bring about the changes needed to achieve the

vision. A key function of management is planning and budgeting. In contrast, leadership is

concerned with setting the direction for organizational change, producing a vision and

developing strategies to realize that vision.

Sustainable competitive advantage is determined of the speed and ability of an

organization to learn. The leadership role in a learning organization is one of designer,

teacher, and steward-to help bring about learning organization. This requires the leader to

develop a vision of where the organization wants to be. We can address the three distinct

leadership roles. The leaders role as designer can be seen in the building of the core values

and purpose of the organization. The leader as teacher involves helping individuals in the

organization to be aware of their mental models and the assumptions on which these are

based. The concerns of the leader as steward involve stewardship for all the people in the

organization that he directs. Leadership also needs some leadership skills. These are

leadership skills need to be disseminated throughout the entire organization. They are

building a shared vision, surfacing and testing mental models, and systems thinking.

Another success factor of organization is linked to the emotional intelligence of its

leader. Emotional intelligence is an ability to recognize your own emotions and the emotions

of others. Emotional intelligence is manifest in self-awareness, self-regulation, motivation,

empathy, and social skills. Emotional intelligence proved to be not only the key ingredient for

outstanding leaders; it was also linked to better performance in organizations. Self-awareness

is an ability to speak candidly about ones own emotions and the impact they have. Self-

regulation is recognition that as human beings we are driven by our emotions but we can also

manage them for productive purpose. Motivation is a desire to achieve for the sake of

achievement. Empathy is a willingness to consider the feelings of others when discussing and

making decisions. Social skills are the culmination of self-awareness, self-regulation,

motivation, and empathy.

In contrast with these leaders, there are different types of leader who is equally

effective in dealing with dynamic change but also has the potential for creating destruction

manifest in erotic, obsessive, and narcissistic. Erotic personality type should not be confused


2/5

with a sexual personality, but rather one for whom loving and being loved are important.

Obsessive personalities are self-reliant and conscientious. Narcissists are independent,

aggressive, and innovative; they want to be admired.

The Impact of Leadership on Vision, Values, and Culture.

Visionary companies have a core ideology which comprises their core values and

purpose. The core values can be thought of as the principles on which the firm was founded.

An organizations purpose is the reason why it exists; this transcends merely making money.

Core values and purpose are important for visionary organizations because they help to guide

continuity and provide a stimulus for change.

Culture is another story of leadership. Culture in over 50 countries is an interesting

study because people worked in the local subsidiaries of a large multinational corporation.

They are similar in all respect except their nationality. There are 4 dimensions that measuring

the differences between national culture: power distance, collectivism versus individualism,

feminists versus masculinity, uncertainty avoidance, and long-term orientation. Power

distance is defined as the extent to which the less powerful members of institutions expect

that power is distributed unequally. Individualism versus collectivism refers to societies in

which there are fewer ties between individuals. Masculinity and femininity concerns the

desirability of assertive behavior against the desirability of modest behavior. Uncertainty

avoidance is the extent to which people feel threatened by uncertain or unknown situations.

Long-Term orientation refers to value thrift (careful with resources), persistence, and hard

work.

Leading Strategic Change

Leading strategic change is another important thing within organization because it

leads to the links between the acceptance of ideas for change and an organizations existing

culture. The values of an organization will inevitably manifest themselves in its core or

dominant culture.

There are 4 reasons why good management ideas of change may not be adopted

within the organization; all organizations are living social organisms, culture is more

powerful than anything else in the organization, system-focused interventions work while

component-focused interventions do not, and interventions that are clearly linked to an

organizations business strategy. The paradox of strategic change is that all organizations

compete in changing environments, but the individuals who make up these organizations are

resistant to change. The condition needs change agents such charismatic leaders. Charismatic


3/5

leaders are individuals who are dissatisfied with the status quo and who can articulate a

vision that captures the imagination of their followers.

There are two archetypes of change which are based on different assumptions about

why and how change should be made. These are Theory E and Theory O. Theory E assumes

that organizational change should be based on enhancing shareholder value. Theory O

assumes that change should help develop corporate culture and improve organizational

capabilities.

The Impact of Chaos on Leadership

Chaos is an irregular pattern of behavior generated by well-defined non-linier

feedback rules commonly found in nature and human society. There are 8 steps to help

leaders encourage innovation and create a new strategic direction.

1. Develop new perspectives on the meaning of control.2. Design the use of power.3. Encourage self-organizing groups.4. Provoke multiple cultures.5. Present ambiguous challenges instead of clear long-term objectives or visions.6. Expose the business to challenging situations.7. Devote explicit attention to improving group learning skills.8. Create resources slack.Leadership Challenges of Asian Companies by Gerry Davis (reading material)

explained that these days, Asian companies has emerge on the global stage, competing with

their counterparts in this region and elsewhere in the world in everything from the markets

for commodities to consumer electronics, has exposed a new arena of competition: the battle

for top management talent. The major factor: Changing global demographics at a time of

Asia Pacific economic expansion. There are several major concerns of this. First, most big

countries are worries that the replacement of top management level work-force wont meet

the needs of its aging population. Meanwhile, youthful populations are expanding in the

Middle East. Second, much of local talent across Asia Pacific has gone overseas and stayed

there. And third, Turnover of top executives can also be high, particularly in the information

technology and consulting market. Companies are buying up competitors to acquire skill sets

and expand market share.

The leadership challenges go beyond functional needs. Executives who are driving

global strategies from head office must also be capable of developing strong leadership teams

overseas, CEOs interviewed said. The executives of todays Asia Pacific region must also


4/5

celebrate cultural differences and have a keen eye to find and nurture emerging talent.

Succession planning must be a top priority.

The Asia Pacific regions expansion has boosted global prosperity. According to the

International Monetary Fund, the region will account for 45 percent of world gross domestic

product (GDP) by 2015, compared with 20 percent for the United States and 17 percent for

Western Europe. With this growth, some bold moves have been taken in the quest for new

markets. The differences in communication styles are to be expected. An oversimplification

is that the western style is characterized by talking, understanding and listening. The Asian

style starts with listening, understanding and then talk.

Executives in companies that operate in two or three different continents need to

possess a range of abilities and aptitudes that are often difficult to find in the talent pool.

Global executives need to:

Enjoy dealing with different culturesnot just tolerate them. Have a global outlook. Enjoy ambiguity and management paradoxes, such as change requires stability. Have the ability to cope with the tensions that accompany a 24/7, globe-hopping

job.

Whats the answer to challenges?

In the short-term, the solution to the current and future shortage of top executive

talent will come from increased waves of executive migration across the countries of the Asia

Pacific. As human capital needs expand, governments will respond to the demands of

business for more liberal policies to encourage the movement of talent. Companies will seek

the best people from both developing nations and mature Asian economies. This will spark a

compensation war as Asia-Pacific countries try to keep their locals from being poached by

Western countries, and vice-versa.

Today, chief executives in the Asia Pacific are already experiencing leadership

pressures and are taking steps to lead robust talent management strategies. Those strategies

include:

Exposing executives to deeper levels of strategy making and business planning. Recognizing that their long-term career and life aspirations are inextricably linked

and move to assist where possible.

Rewarding top talent in more creative ways.


5/5

Developing the management team to appreciate to the emerging demands ofleadership across the five generations

Global leaders in a flat world need to be humble.

Asian leaders need to ask themselves what they can learn from Australian orEuropean sustainability and environmental trends, and Western leaders need to

approach Asian consumers as eager trend setters who can teach them more about

their products than they can learn in their more mature home markets.

The scarcest resource is inside the minds of the leaders of tomorrow not justtheir knowledge and networks of business relationships, but the objectivity and

flexibility of character that will enable them to seize opportunities in the uncertain

future.

bistrat individual summary leadership

Documents