How To Be More Strategic

"Today’s business leaders are faced with many challenges: intense competition, increased regulation, and the need for constant innovation. Therefore, it’s imperative that as a business leader you have the essential meta-skill to navigate your business with a thorough understanding of your current situation, vision to see the future destination, and the ability to create the path to reach it,” explains Rich Horwath, author of the book, Strategic.

He says that being strategic is to possess insight that leads to advantage. Strategic is the opposite of unstrategic that includes:

Wondering aimlessly, lacking direction, getting lost in the weeds.

Doing everything, lacking the discipline to say no, and trying to be all things to all customers, both internally and externally.

Conducting meetings that take conversations down rabbit holes that cause widespread frustration amongst the members of your group.

Fortunately, the book provides you with the blueprint for navigating those hurdles while being able to take a truly strategic approach to all facets of your business.

Specifically, you’ll learn about Horwath’s Strategic Quotient (SQ), a validated assessment tool which evaluates an individual’s ability to lead and think strategically. The SQ evaluates a leader’s current mindset and behaviors using the “3A Framework” – acumen, allocation, action. It identifies the building blocks of a strategic leader and pinpoints areas for improvement to help individuals reach their full potential.

With Horwath’s guidance, leaders will master the four dimensions of strategic fitness that contribute to executive performance:

Strategy Fitness: Ability to understand and develop strategy, set direction, allocate resources, make decisions, and create competitive advantage.

Leadership Fitness: Leadership philosophy, personal performance, mental training, and ability to master time and calendar.

Organization Fitness: Ability to create the appropriate business structure, evolve the business model, develop talent while planning for succession, and innovate.

Communication Fitness: How to facilitate conversations, conduct effective collaboration, bring value to customers, and lead productive meetings.

Some of my favorite takeaways from the book include:

Strategic plans should clearly describe where the business is today, where it’s going, and how it’s going to get there. Inherent in that description is what you choose to do and—equally important—what you choose not to do.

If your strategic plan is long, complicated, and not crystallized into a usable one- to two-page document, then there is work to be done. The longer the plan, the less likely it is to be updated with new insights and remain a relevant compass for your strategic direction.

A company is only as good as its people. People are only as good as their actions. And actions are only as good as the thinking behind them.

The best leaders practice the concept of servant leadership by ensuring their people are equipped with the knowledge, skills, and tools to effectively perform their functions.

It takes a confident leader to invest a larger chunk of time exploring the right question to frame the challenge. As Albert Einstein espoused: “If I had an hour to solve a problem, I’d spend 55 minutes thinking about the problem and five minutes thinking about solutions.”

Rich Horwath

Horwath shares these additional insights with us:

Question: Of the three unstrategic sins, which one plagues organizations and their leaders the most and why?

Horwath: Killing meetings. 83% of executives we surveyed said that their meetings were an unproductive use of time. If your car or television worked less than 20% of the time, would you keep them? People tolerate unproductive meetings because they become part of the culture—no agenda, starting late, people multitasking, and nothing decided.

Question: What is the primary takeaway you want readers to have after they have read your book?

Horwath: If you don’t increase your strategic fitness, you and your business will fail. To think, plan, and act strategically simply requires awareness, discipline, and focus—all of which are in short supply where the crack cocaine of the business world is multitasking. Both flood the brain with dopamine, provide a brief high, and kill your productivity.

Question: What is the best first action to take for a business leader to become more strategic and to follow your book's advice?

Horwath: I define strategic as possessing insight that leads to advantage. The first step then to being strategic is to continuously be discovering insights. An insight is a learning that leads to new value. Hold yourself and your team accountable for generating, recording, and sharing one to three insights per week, and then find a place to house them in the future so you’re continually building your foundation of expertise.

With practical tools and dozens of real-world examples, Strategic shows you how to be more than tactical―and how to be truly strategic. There’s no better time than now to read this book.

Thank you to the book’s publisher for sending me an advance copy of the book.

Comments

The Playbook For CEOs To Lead Under Pressure

“Most CEOs spend years mastering strategy, finance, operations, and execution,” says author Andrea Petrone , “Far fewer spend time defining who they are as leaders.” He adds that all too often the leadership style that got a CEO to the top becomes the very thing holding them back. More specifically, after more than two decades coaching CEOs and senior executives at Shell, Unilever, Takeda, EssilorLuxottica, and PwC, Petrone noticed a pattern: sustained pressure was pulling leaders away from who they were. Fortunately, in his latest book, Reinvention at the Top: The Playbook for CEOs to Lead Under Pressure , Petrone introduces the Throughline, an architecture that helps leaders align their identity, message, and presence so they can lead powerfully under pressure. Whether stepping into a new role, navigating a crisis, or reinventing an organization, Throughline offers CEOs a practical roadmap for leading without losing themselves. As you read the book you will discover: ...

3 Things To Avoid When You Give Your Next Speech

If you don't want to get your speech off to a bad start, the communications experts at Speechworks suggest you: Don't apologize (particularly about your anxiety or lack of preparation. Apologies put your audience on the defensive. Don't start by telling a joke (which may not be all that funny, or is irrelevant, or that may even be offensive to someone in your audience). Don't beat around the bush (including, don't list off a lot of people you want to thank. Don't waste your audience's valuable time) Instead: If you need to deal with your anxiety, practice like crazy . Rehearse particularly your first line over and over. Start your presentation by laying out for your audience a key issue that they are facing in their business . If you must thank someone, do it at the end, or thank your introducer briefly, pause, and then start right into the meat of your message .

How To Achieve Human Leadership

Human Leadership: The Courage To Face Ourselves And Each Other is Kristen Hadeed ’s newest book. It’s a raw, personal account of losing herself in service to others and the challenging work of finding her way back. It’s a story of burnout, ambition, resentment, grief, reinvention, profound self-examination, and the courage it takes to share what you discover with the people around you. By learning to face herself, tell the truth, and take ownership of her choices, Hadeed became a more courageous, compassionate leader and built a life and business that would take care of her, too. Hadeed’s journey shows that leadership doesn’t have to mean endless sacrifice or self-abandonment. Human Leadership offers a different path―one where courage, honesty, and humanity become the foundation of meaningful leadership and a meaningful life. Part memoir, part invitation, Hadeed’s story will empower you to: Recognize the values, fears, and limiting beliefs driving your lead...

High-Performing Teams Are Made Of This

According to Ron Ricci and Carl Wiese, authors of the book, The Collaboration Imperative , high-performing teams have the following characteristics: People have solid and deep trust in each other and in the team's purpose--they feel free to express feelings and ideas. Everybody is working toward the same goals. Team members are clear on how to work together and how to accomplish tasks. Everyone understands both team and individual performance goals and knows what is expected. Team members actively diffuse tension and friction in a relaxed and informal atmosphere. The team engages in extensive discussion, and everyone gets a chance to contribute--even the introverts. Disagreement is viewed as a good thing and conflicts are managed. Criticism is constructive and is oriented toward problem solving and removing obstacles. The team makes decisions when there is natural agreement--in the cases where agreement is elusive, a decision is made by the team lead or executiv...

How To Make One Bold Move A Day

Shanna A. Hocking ’s new book, One Bold Move A Day , is all about meaningful actions women can take to fulfill their leadership and career potential. Specially, Hocking reveals the transformative mindsets needed to make one Bold Move a day. Those are: Gratitude Mindset And Mindset Happiness Mindset Progress Mindset “Each of these four mindsets individually plays a special role in the process of continuously showing up for yourself and others,” explains Hocking. “Each mindset contributes in a different way to your success, but they all complement each other and together they will become the foundation to your Bold Move Mindset.” Hocking explains in her book that a Bold Move is one that challenges you to grow . “Sometimes it’s about capitalizing on an opportunity, and sometimes it’s about creating that opportunity for yourself,” explains Hocking. Keep in mind, too, that a Bold Move for you might not be the same as someone else’s. ...

How To Improve The Way Teams Think, Collaborate And Make Decisions Under Pressure

“Great decisions don’t happen by accident—they happen by design,” shares Dr. Ricardo Valerdi , author of the new book, The Five-Tool Team: Bringing Out The Best In People To Make Better Decisions . This book is not about finding perfect answers. It is about building a framework that allows you to make good decisions repeatedly, even when conditions are imperfect, information is incomplete, and outcomes are uncertain. More specifically, Valerdi reveals a practical framework for improving the way individuals and teams think, collaborate, and make decisions under pressure. Drawing on lessons from sports, business, engineering, and real-world experience, Valerdi shows how the most effective leaders build teams that question assumptions, analyze consequences, and make choices grounded in clarity rather than instinct or urgency. “Writing this book has been a phenomenal journey that started in 2018 when I was a visiting professor at the United States Military Ac...

5 Compelling Benefits Of Having An Ethical Culture

In Andrew Leigh's book, Ethical Leadership , he provides these compelling and important benefits of having an ethical culture in your business/organization: Customers prefer dealing with companies who put ethics at the center of their culture. Most employees would prefer to earn less working for an ethical company than being paid more and working for an unethical company. More than one in three people at work say they've left a job because they've disagreed with the company's ethical standards ( Trevino, L and Nelson, K - 2011 ) If you adopt an early warning system against misconduct it reduces the risk of you facing expensive litigation. An ethical culture helps you make your company a strong affirming place to work in. "The foundations of an ethical culture include values, attitudes, meaning, behaviors, purpose, and management practices," explains Leigh.

How To Build A High Performing Sales Team

Based on Stephanie Friedman 's 20 years of sales experience, her new book, Built to Grow: A Handbook For High-Performance Sales Teams , is the perfect step-by-step, go-to-market field guide for startup founders. Friedman offers readers a structured and repeatable methodology for building a high-performing sales function from a company’s earliest days. The book is divided into three phases of startup growth— Experiment, Build, and Scale. Within each of the three phases, Friedman covers: Sales Playbook Hiring Revenue Management Customer Success Compensations Culture Internal Collaboration Some of my favorite takeaway tips from the book include: No matter how experienced your salespeople are, any high-performing sales organization should follow one simple but important rule: No call without an agenda. This helps reinforce the necessary discipline around call preparation and ensures your customers have the best possible experience when talking to your...

Coherence: The Secret Science Of Brilliant Leadership

Coherence: The Secret Science of Brilliant Leadership is the new book by author Dr. Alan Watkins . Trained as a medical doctor, Watkins is now an honorary senior lecturer in neuroscience and psychological medicine at Imperial College, London and an affiliate professor of leadership at the European School of Management, London. According to Watkins, coherence is the biological state achieved when elite performers experience maximum efficiency and super effectiveness, where body and mind are one . Coherence provides one of the most unique approaches to showing leaders how to be younger, smarter, healthier and happier -- which gives them the power to make decisions under pressure and achieve sustainable success. Prepare to spend quality time reading Coherence . It's not light reading. Kind of feels like a medical text book in parts. But, it's worth your commitment to it. I particularly found useful Watkin's discussion on culture , where he w...

Decide

Many years ago, I worked with a person who could not make decisions. Neither big nor small decisions. That indecisiveness paralyzed our business in many ways. Unfortunately, the book, Decide: Work Smarter, Reduce Your Stress, and Lead by Example , had not been published. Had it, I would have shared it with my co-worker. Decide , published this past February, teaches readers how to make better decisions based on the real results they want to experience. The author, Steve McClatchy, explains how to use the two forms of human motivation -- Gain, or Prevent Pain , to make more effective decisions. For example, he demonstrates how inserting a Gain task in the middle of a Prevent Pain day can give you the energy you need to move forward and make the Prevent Pain tasks take less time through motivation. Deeper into the book, you'll be reminded about not only the problems with procrastination, but also about the benefits of procrastination, and, if you are ...

Eric Jacobson On Management And Leadership

Search This Blog