Dr. Subbu on 5 Essential Leadership Considerations for a Successful Strategic Planning Journey!

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Dr. Subbu on 5 Essential Leadership Considerations for a Successful Strategic Planning Journey!


1. Alignment: As leaders, it's crucial to set the foundation for a strong strategy by ensuring that your leadership team is aligned on the overarching vision. Take a moment to evaluate whether various business unit strategies are interconnected or operating in isolated silos. Genuine alignment among leaders forms the bedrock of a cohesive and powerful strategy.

2. Cohesion: Strategic plans thrive when powered by cohesive teamwork. Leaders must collaborate seamlessly to drive plan execution forward. This involves advancing initiatives collectively rather than pursuing isolated efforts that could impede progress. A synchronized approach ensures that your organization moves ahead as a united and unstoppable force.

3. Communication: Clear communication is the North Star guiding your strategic planning journey. Transparent communication among leaders and throughout the organization is paramount. When making critical decisions and providing directions, remember to articulate the reasoning behind them. This not only boosts comprehension but also fosters trust and commitment across the entire team.

4. Role Modelling: True leadership transcends mere words; it's about setting an example through actions. As leaders, embody the right mindset and behaviors that mirror the desired organizational culture. By holding yourselves accountable and showcasing unwavering dedication, you inspire teams to follow suit and wholeheartedly embrace the strategic vision.

5. Inclusion: Inclusive strategic planning elevates perspectives and enriches outcomes. Leaders should engage stakeholders, including employees, and genuinely listen to grasp diverse needs and opportunities. This inclusive approach not only fuels innovation but also nurtures a sense of belonging. The result? A strategy that resonates with all and drives collective success.

Embrace these considerations, and embark on your strategic planning journey with confidence.

Your leadership will not only chart the course but also steer the ship toward remarkable achievements. Together, let's navigate towards a future of shared triumphs!

Credit : Timothy Timur Tiryaki & Jeroen Kraaijenbrink

What’s your take? Share in the comments

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Dr. M. Subramanian
Head – MBA Program
PhD (Finance),FDPM (IIM-A), MBA, MFC
Fin-Tech, Blockchain & Analytics

Visit : www.rlims.ac.in


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