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Leadership

Visionary leadership has been identified as one of the top traits that can lead a company to success. People’s view on this form of leadership though has been skewed by the word’s association with top leaders such as Walt Disney, Oprah Winfrey and Steve Jobs. That is the reason, that visionary leadership tends to be seen as a top management task. Instead alignment with corporate strategy has also been in reality come to be associated with the middle- level of management. Indeed, it was highlighted by the Project Oxygen by Google as among the most desirable traits at that stage. The reason for the frequent failure of visionary leadership is the fact that it is often not backed at the middle level. Thus, the proper alignment is needed between the strategy and the middle- management level.

Source:https://hbr.org/2019/02/why-visionary-leadership-fails

Uploaded Date:09 June 2020

The present economic and health crisis, warrants a new breed of leadership to emerge. The new leaders will need to demonstrate optimism and calm, while handling the situation. Some steps have been identified that could prove to be effective at such times. The first is for the leader to adapt one’s personal operating model. His/ her priorities, roles, time and energy need to be channelled towards this new reality. One’s intentions need to be made clear via a new dynamic corporate strategy drafted. The leader needs to regulate one’s own crisis reactions too. For this, he/ she could practice the art of reflection. Another method could be to reframe one’s perspective. The leader will also need to take care of the energy levels, as that has to be distributed over multiple functional areas.

Source:https://www.mckinsey.com/business-functions/organization/our-insights/how-to-demonstrate-calm-and-optimism-in-a-crisis

Uploaded Date:25 May 2020

Due to the changed paradigm post the COVID- 19 induced lockdowns, there is an urgent need for courage to be demonstrated by the business leaders. Collective thinking has to be one way of navigating past this grave crisis. To borrow a term form the military, “unity of effort”, can be most effective at times like these. Likewise, one needs to stay calm and courageous. Leaders need to remain calm, so that they may take decisive action. But, the talent management policies need to be ramped up as well, so that the employees do not feel left out. Stakeholders’ involvement will now be key. Assumptions and misinformation need to be removed in favour of facts, as that will help in informed decision making.

Source:https://www.strategy-business.com/article/Leadership-courage-and-the-power-of-collective-thinking?gko=c48a1

Uploaded Date:25 May 2020

John Hennessey, who is a former president of the Stanford University, has penned down a book where he shares his key leadership experiences. The book has been titled as Inside the Mind of the CEO. Hennessey currently also sits on the chair at Alphabet. In this book, he confirms that his educational leadership position, was more by accident. He instead loved being a professor. What truly changed his career, was when he took up the position of Provost. One of the anomalies about the entire area of education leadership, is that unfortunately there is little formal management training for this field. This is in spite of some universities having massive budgets. Stanford alone has a budget of around five billion US dollars. Hennessey also recalls some of his earlier writings, such as about the dichotomy between age and experience, that is key at universities and on which he had written earlier in Leading Matters. One key difference highlighted between academia and the corporate world is on the ‘carrot and stick’ culture. It is a little more of the stick in the corporates in comparison to how it is in academia. Hennessey also speaks about how humility needs to be an essential trait for leadership, as he has experienced at both Google and at Stanford.

Source:https://www.strategy-business.com/article/John-Hennessys-higher-learning?gko=1d2fd

Uploaded Date:25 May 2020

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