In many organisations, managers tend to focus on achieving short-term goals and crushing numbers. While that may garner praise and temporary credit, these kinds of wins rarely sustain a business in the long-term. Instead, company success and sustainability relies on mentors who influence a culture of cooperation, collaboration and creativity. This leads to a more all encompassing, long term success.
Many term this holistic approach as strategic leadership; a motivational method which encourages others to pursue the company mission voluntarily. To enjoy a successful career in any industry, being a strategic leader should influence your decisions. With this in mind, here are 5 IDEAL ways strategic leadership is key to a successful career.
THEY EMPOWER OTHERS
Top management is usually in charge of the distribution of responsibilities across the organisation. Given that not every manager has the same leadership style, it falls on the top management to implement strategic leadership and create a complementary vision for the company. Put quite simply, managers who can empower their team to become autonomous are more likely to rise faster.
A TIME TO TAKE RESPONSIBILITY
When employees are empowered, they learn to take the initiative and assume full responsibility for their actions; vital in inspiring mentees, we think. This provides an opportunity for the employees and manager to become resilient, adaptable and goal-driven, all of which are qualities which define strategic leadership. By empowering others, managers distribute power downwards to allow employees to get more experience and learn new skills.
TRANSPARENT WITH INFORMATION
In a typical organisation, the flow of information is from top to bottom, with middle managers acting as amplifiers. To maintain a motivated team, transparency with employees is key as they need to have all the information they need and understand the reason behind every task and how it helps in achieving the long-term goal of the vision. This creates a feedback loop back up the chain of command or directly to the management.
When there is a free flow of information, a leader becomes informed about every aspect of their business. Information is vital to a successful career and as a strategic leader, you have the invaluable opportunity to build integrity in your organisation when people trust the information you provide.
FAILURE IS AN OPTION
One of the strengths of a strategic leader is to create an enabling environment, unencumbered by labels of right, wrong, possible and impossible. The fear of failure prevents many people from trying new things and taking on risks but to succeed, one needs to take on calculated risks. Strategic leaders do no scold their team members when they fail. Indeed, failure is very much an option if lessons are learned. This kind of attitude towards work sparks innovation which is so necessary for growth; harvest and harness it accordingly.
WELLNESS AND WELFARE
Strategic leadership relies on the strength of a dedicated workforce. As such, and at the very least, businesses should invest in a reliable healthcare program to build a stronger workforce for growth and success, especially small businesses. When employees are taken care of, they will do whatever they can to help the leader succeed. And that’s what it’s all about, right?