Role of Corporate Leaders in Transforming Organisations
The role of corporate leaders in transforming organizations
Introduction
Corporate leaders play a significant role in their organizations. They enhance the motivation, morale, and performance of followers through a variety of mechanisms. These include connecting the follower 's sense of identity and self to the project and the collective identity of the organization; being a role model for followers that inspires them and makes them interested; challenging followers to take greater ownership for their work, and understanding the strengths and weaknesses of followers, so the leader can align followers with tasks that enhance their performance
Strategic Leadership & Innovation
Strategic leadership is typically the domain of the corporate leaders. In this context strategic leadership is about creating an environment that fosters and encourages innovation. It is about energizing the team to understand and be responsive to client needs; to be creative in serving clients mindful of the limits of the firm 's professional capabilities and specific value proposition. It is certainly not about telling people what to do. If the firm has succeeded in attracting and developing the correct talent, then these individuals will have the skills, judgment and values to innovate successfully.
By facilitating this kind of client-focused quest for excellence the leaders of professional service firms create an environment where strategy becomes organic; part of the daily flow of client work, practice development and team interactions. New ideas are tested; boundaries pushed and risks taken. As clients respond to, and value, such initiatives they are institutionalized into new practices or change the way existing practices are executed. In this process deep trust and shared knowledge is built with clients. This forms the basis of a relationship that is a significant barrier to entry for competitors.
Some large companies are coming to understand the importance of this bottom-up
Introduction
Corporate leaders play a significant role in their organizations. They enhance the motivation, morale, and performance of followers through a variety of mechanisms. These include connecting the follower 's sense of identity and self to the project and the collective identity of the organization; being a role model for followers that inspires them and makes them interested; challenging followers to take greater ownership for their work, and understanding the strengths and weaknesses of followers, so the leader can align followers with tasks that enhance their performance
Strategic Leadership & Innovation
Strategic leadership is typically the domain of the corporate leaders. In this context strategic leadership is about creating an environment that fosters and encourages innovation. It is about energizing the team to understand and be responsive to client needs; to be creative in serving clients mindful of the limits of the firm 's professional capabilities and specific value proposition. It is certainly not about telling people what to do. If the firm has succeeded in attracting and developing the correct talent, then these individuals will have the skills, judgment and values to innovate successfully.
By facilitating this kind of client-focused quest for excellence the leaders of professional service firms create an environment where strategy becomes organic; part of the daily flow of client work, practice development and team interactions. New ideas are tested; boundaries pushed and risks taken. As clients respond to, and value, such initiatives they are institutionalized into new practices or change the way existing practices are executed. In this process deep trust and shared knowledge is built with clients. This forms the basis of a relationship that is a significant barrier to entry for competitors.
Some large companies are coming to understand the importance of this bottom-up
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