Successful execution of strategic growth depends on extraordinary leaders. Extraordinary leaders are often a missing ingredient for growth. As an example, in a recent survey, 30% of US companies reported they had failed to fully exploit their international business opportunities because of the lack of leaders with the right capabilities.
KingChapman’s Executing Strategic Growth service facilitates the design and execution of growth strategies while developing leaders as business strategists.
Strategic growth is caused; it does just not happen. Strategic growth is caused by extraordinary leaders; it is not managed.
Extraordinary leaders articulate a compelling future, ask tough questions, challenge assumptions, communicate endlessly, create organizational cultures which support strategic execution, develop leaders at all levels of the business, dislodge the status quo, engage employees and other stakeholders, knock down barriers, and motivate the organization to continue even when implementation is really hard.
Extraordinary leaders develop and grow in challenging times. They do not happen because of entitlements or positions.
Accelerating development of extraordinary leaders is a core capability of KingChapman. To find out more, we suggest viewing our blogs and downloadable content which describe our unique capabilities in detail.
Executive team development
KingChapman believes executive teams must also become a leadership team in order to achieve sustainable growth. If the executive team continues to function only as a management team, attempting to achieve sustainable growth will be a major challenge. The exception is when a business is in markets with explosive growth. Then the adage “Rising waters lifts all boats” applies, which implies that when the waters begin receding the organization will not be ready.
If the executive team is not acting as a leadership team, then it is acting only as a management team. Management teams typically focus on maintaining control, order and the status quo. However, growth does not come through the status quo, but from pushing forward into uncharted waters.
Employees and other stakeholders are skeptical of a status quo approach to growth. Additionally, those who are involved in promoting growth receive a strong signal of how serious the executives are about growth. If the management team is the same “cast of characters” acting in the same old way, then the lack of commitment to growth is apparent. The employees and other stakeholders assume nothing is going to change.
However, if the management team is truly leading by championing change through their actions, behaviors and communication, then the organization will begin to believe that change is possible. This perception of leadership of change is a crucial first step in successful growth strategies
KingChapman helps build strong leadership teams. For more information, refer to “Building Your Management Team into a Leadership Team.”
Taking a Leadership Stand
Leadership for growth begins with a declaration. This is the first act of leadership which is based on the personal commitment of the leaders to be the leaders who will enable the organization to grow, or taking a stand. In taking a stand, a leader declares the new future for the organization as well as the leadership behavior they will need to develop to be the leader the organization needs. Taking a stand involves a personal commitment to practice this behavior until it becomes second nature. By taking a stand, the leader is inventing a whole new reality for themselves as a leader which in turn enables them to lead the organization.
As KingChapman works with a leader in creating a leadership stand, we focus on expanding their range as a leader. This approach involves building on their strengths, as opposed to correcting a weakness. For us, creating a leadership stand is a creative effort to develop a new strength, or a greatly enhance a strength. We are coaching the leader to build on their strengths, to expand their behavior set, and to grow in their leadership capabilities.