MANAGING in the

NEW WORLD

In the modern management paradigm, leaders need to embrace agility yet remain consistent. A balance towards one of them while ignoring the other may have undesirable effects. A high on agility but low on consistency, will lead to innovative practices being adopted but a lack of focus and thus the corporate strategy will not be met. The opposite on the other hand will lead to excess rigidity, harmful for imbibing business innovations. This approach is one of the reasons why so few companies that were part of the Fortune 500 list in 1955 did not find themselves there in 2014. Thus strategic leadership will need to blend the best of the two. Of course, a lot of leaders will lack some of these qualities so having an able deputy is pertinent.

Source:https://hbr.org/2017/01/the-best-strategic-leaders-balance-agility-and-consistency?referral=00563&cm_mmc=email-_-newsletter-_-daily_alert-_-alert_date&utm_source=newsletter_daily_alert&utm_medium=email&utm_campaign=alert_date&spMailingID=16256527&spUserID=OTY0OTMwNTk5NwS2&spJobID=940273836&spReportId=OTQwMjczODM2S0

 

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