Maybe the most crucial responsibility of all senior executives in global companies is preparing a new generation of leaders that will continue and expand the strategic reach of the companies they currently head.
Being 'built to last' needs frequent renewal, and this renewal is usually based upon leaders continuing to develop themselves and their successors.
Leadership strategies and learning play a critical role in allowing organizational growth and transformation– and inevitably strategic success.
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Great strategies identify an organization's current reality as well as its desired vision — exactly what it needs to establish and exactly how it needs to change to successfully compete and achieve its business goals.
The gap between current reality and the desired destination can be filled by increasing personal leadership competency in addition to building organizational capabilities.
A complete and well-developed strategic approach will consist of direction on the actions to be taken to develop leaders and which leadership skills and behaviors these leaders and managers need to fill the gap and thrust their organization to its desired future destination.
A really good leadership strategy takes all of these aspects into account. It is not just having the right number of bodies, it is exactly what those bodies do and how they associate with one another that matters.