Strategic leadership is the skill to influence others to willingly make independent decisions that improve the odds for the company’s long-term survival while preserving short-term financial stability. It involves applying certain principles that can be used to encourage the actions of others in pursuit of a set objective. This process is sometimes called the “flexible rule” because it permits people and institutions to make choices independent of the decision-making process.
While many companies have become experts in identifying problems and devising short-term solutions, not all can implement them. It is still necessary for organizations to develop long-term strategies and a vision and use executive leadership programs to provide a consistent message of direction to the entire organization. Due to the importance of strategic decision making the role of these leaders are paramount for any organization that is looking to build their business.
