Strategic Leadership for Turbulent Times

In today’s organizations, it is no longer the CEO who acts as the sole strategic leader. From single individuals to larger teams and networks, leaders at all levels are infiltrating the formal organizational structure and making strategic leadership an in

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MARK KRIGER & YURIY ZHOVTOBRYUKH

Strategic Leadership for Turbulent Times

Mark Kriger • Yuriy Zhovtobryukh

Strategic Leadership for Turbulent Times

Mark Kriger Norwegian Business School BI Oslo, Norway

Yuriy Zhovtobryukh Menon Business Economics Oslo, Norway

ISBN 978-1-137-40562-3 ISBN 978-1-137-40380-3 DOI 10.1057/978-1-137-40380-3

(eBook)

Library of Congress Control Number: 2016942658 © The Editor(s) (if applicable) and The Author(s) 2016 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover illustration: © MARK SYKES SKY / Alamy Stock Photo Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Nature America Inc. New York

PREFACE

This book is the product of over 20 years of presenting executive seminars and teaching MBA and Executive MBA courses on Strategic Leadership, Strategic Change, and Strategy Process in the USA, Norway, India, China, and Lithuania. It is meant for the reader to build upon a knowledge of the fundamentals of strategy formulation and analytics. Over the years a number of tools and approaches to strategic leadership and process emerged, as executives and students struggled with the issues of how to choose appropriate theoretical lenses, apply practical models and create advice for strategic leadership in profit-oriented organizations, although most of the ideas in this book are equally applicable to not-for-profit organizations. There are several key questions that lie at the core of this book: • What are the dynamic organizational and environmental tensions that strategic leaders must balance as they strive to realize the vision and overall purpose of their organizations? • What are the generic forms of leadership available to strategic leaders and how do they enable or stymie effective strategic leadership in increasingly turbulent times? • What are the forces driving and the means for balancing individual and collective forms of strategic leadership?