6 Habits Of Strategic Thinkers.
In the beginning, there was just you and
your partners. You did every job. You coded, you met with investors, you
emptied the trash and phoned in the midnight pizza. Now you have others to do
all that and it's time for you to "be strategic."
Whatever that means.
If you find yourself resisting being
strategic, because it sounds like a fast track to irrelevance, or vaguely like
an excuse to slack off, you're not alone. Every leader's temptation is to deal
with what's directly in front, because it always seems more urgent and
concrete. Unfortunately, if you do that, you put your company at risk. While
you concentrate on steering around potholes, you'll miss windfall
opportunities, not to mention any signals that the road you're on is leading
off a cliff.
This is a tough job, make no mistake.
"We need strategic leaders!” is a pretty constant refrain at every
company, large and small. One reason the job is so tough: No one really
understands what it entails. It's hard to be a strategic leader if you don't know
what strategic leaders are supposed to do.
After two decades of advising
organizations, large and small, my colleagues and I have formed a clear idea of
what's required of you in this role. Adaptive strategic leaders--the kind who
thrive in today’s uncertain environment--do six things well:
1. Anticipate
Most of the focus at most companies is
on what’s directly ahead. The leaders lack “peripheral vision.” This can leave
your company vulnerable to rivals who detect and act on ambiguous signals. To
anticipate well, you must:
·
Look for game-changing information at
the periphery of your industry
·
Search beyond the current boundaries of
your business
·
Build wide external networks to help you
scan the horizon better
2.
Think Critically
Conventional wisdom opens you to fewer
raised eyebrows and less second-guessing. But if you swallow every management
fad, herdlike belief, and safe opinion at face value, your company loses all
competitive advantage. Critical thinkers question everything. To master this
skill, you must force yourself to:
·
Reframe problems to get to the bottom of
things, in terms of root causes
·
Challenge current beliefs and mindsets,
including your own
·
Uncover hypocrisy, manipulation, and
bias in organizational decisions
3. Interpret
Ambiguity is unsettling. Faced with it,
you are tempted to reach for a fast (potentially wrongheaded) solution. A good
strategic leader holds steady, synthesizing information from many sources
before developing a viewpoint. To get good at this, you have to:
·
Seek patterns in multiple sources of
data
·
Encourage others to do the same
·
Question prevailing assumptions and test
multiple hypotheses simultaneously
4.
Decide
Many leaders fall prey to “analysis
paralysis.” You have to develop processes and enforce them, so that you arrive
at a “good enough” position. To do that well, you have to:
·
Carefully frame the decision to get to
the crux of the matter
·
Balance speed, rigor, quality, and
agility. Leave perfection to higher powers
·
Take a stand even with incomplete information
and amid diverse views
5.
Align
Consensus is rare. A strategic leader
must foster open dialogue, build trust, and engage key stakeholders, especially
when views diverge. To pull that off, you need to:
·
Understand what drives other people's
agendas, including what remains hidden
·
Bring tough issues to the surface, even
when it's uncomfortable
·
Assess risk tolerance and follow through
to build the necessary support
6.
Learn
As your company grows, honest feedback
is harder and harder to come by. You have to do what you can to keep it coming.
This is crucial, because success and failure--especially failure--are valuable
sources of organizational learning. Here's what you need to do:
·
Encourage and exemplify honest, rigorous
debriefs to extract lessons
·
Shift course quickly if you realize
you're off track
·
Celebrate both successes and
(well-intentioned) failures that provide insight
Do
you have what it takes?
Paul Schoemaker.
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