Strategic leadership requires anticipating changes, maintaining flexibility, and empowering others to create strategic change when needed. Strategic leaders must influence human behavior during uncertain times through words, actions, and vision. They must also manage knowledge to drive peak performance, create and commercialize innovation, and maintain competitive advantage. A firm's ability to achieve strategic advantage is compromised when leaders do not quickly respond to changes in the complex global environment. A management team with strong skills is critical for organizational success as strategic decisions influence how a firm is designed and goals are achieved.

1. STRATEGIC LEADERSHIP
• Is the ability to anticipate,
envision, maintain flexibility, and
empower others to create
strategic change as necessary.
02/18/15 Lotfi Saibi

2. Managing the Human capital
• Strategic Leaders must learn how to
effectively influence human behavior, often in
uncertain times, by word or by personal
example, and through their ability to envision
the future.
• Managing knowledge for peak performance
• Create and commercialize innovation
• Maintain competitive advantage
02/18/15 Lotfi Saibi

3. Timing
• A firm’s ability to achieve strategic
competitive advantage and earn above-
average ROI is compromised when strategic
leaders fail to respond appropriately and
quickly to changes in the complex global
competitive environment.
02/18/15 Lotfi Saibi

4. Skill and Resources
• The strategic decisions made by top
leadership influence how a firm is designed
and whether or not goals will be achieved.
Therefore a critical element for organizational
success is having a top management team
with superior managerial skills.
02/18/15 Lotfi Saibi

5. TEAM + STRATEGY = PERFORMANCE
• Appropriate knowledge, expertise to operate
internally, yet can deal with competition
• Individuals with various backgrounds,
experience, and education = diversity
• Norming and brainstorming strategies: think
outside the box leads to more creativity and
innovation
• More cohesion and better communication
02/18/15 Lotfi Saibi

6. HUMAN CAPITAL
• Effective T&D programs increase the
probability that a manager will be a successful
strategic leader. They ensure a sustainable
competitive advantage. Thus promoting the
firm’s strategic vision.
• The result is a workforce capable of learning
continuously.
02/18/15 Lotfi Saibi

7. • Learning and building-sharing knowledge are
important for creating innovation in firms.
• Innovation leads to competitive advantage.
• Viewing employees as a resource to be
maximized rather than minimized facilitates
the successful implementation of a firm’s
strategies.
02/18/15 Lotfi Saibi

8. ENTREPRENEURIAL LEADERSHIP
• Entrepreneurial strategies are an important
source of growth and innovation. They allow
for first mover advantages.
• Requires employees who are entrepreneurial
• 5 characteristics: autonomy, innovativeness,
risk taking, pro-activeness, and competitive
aggressiveness.
02/18/15 Lotfi Saibi

9. STRATEGIC CONTROLS
Perspectives Criteria
Financial Cash Flow
Return on Equity
Return on Assets
Customer Assess ability to anticipate customer needs
Effectiveness of customer service practices
Percentage of repeat business
Quality of communications with customers
Internal Business Practices Asset utilization improvements
Improvements in employee morale
Changes in turnover rates
Learning and growth Improvements in innovation ability
Number of new products compared to competitors’
Increases in employees’ skills
02/18/15 Lotfi Saibi

10. STRATEGIC CONTROLS
Perspectives Criteria
Financial Cash Flow
Return on Equity
Return on Assets
Customer Assess ability to anticipate customer needs
Effectiveness of customer service practices
Percentage of repeat business
Quality of communications with customers
Internal Business Practices Asset utilization improvements
Improvements in employee morale
Changes in turnover rates
Learning and growth Improvements in innovation ability
Number of new products compared to competitors’
Increases in employees’ skills
02/18/15 Lotfi Saibi