GOOD ECONOMIC NEWS CAN BE BAD NEWS FOR MANY BUSINESSES.
The economy is on the upswing, with the third quarter GDP growth rate the highest in decades; but the strategic thinking of many business leaders may be on the downswing, according to national leadership authority, Brent Filson.
WILLIAMSTOWN, Massachusetts (PRWEB) November 21, 2003 --- The economy is on the upswing, with the third quarter GDP growth rate the highest in decades; but the strategic thinking of many business leaders may be on the downswing, according to national leadership authority, Brent Filson.
Filson, who has worked with thousands of leaders in major companies worldwide during the past 19 years, says, "Leaders are developing and beginning to execute business strategies intended to ride the lightning of what may be a coming boom. Yet if the past strategies of companies I have witnessed are an indication of today's strategies, these strategies will be either outright wrong or relatively ineffective.
That's because most business leaders neglect a vital dynamic when developing a strategy. I call it a 'leadership strategy'. Without a concomitant leadership strategy, a business strategy seldom measures up."
The founder and president of The Filson Leadership Group, Inc., Filson asserts that strategies are essential to focus resources and action and that most business leaders are good a developing business strategies."
"They're taught how at business schools," he says. "But I'll bet that nine out of ten leaders don't know what a leadership strategy is, let alone how it fits in with a business strategy."
According to Filson, leadership strategies are not taught at any business schools. He says, "That's because leadership strategies find their meaning in what can't be taught, process and relationship, as opposed to abstract formulations.
"Here's what a leadership strategy is", he observes, "Whereas a business strategy seeks to marshal a company's functions around central, organizing concepts, a leadership strategy seeks to obtain and organize the heartfelt commitment of the people who must carry out the strategy. The business strategy is the steering wheel, the leadership strategy the drive shaft.
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Brent Filson is founder and president of The Filson Leadership Group, Inc. His latest book is The Leadership Talk: Motivating People To Achieve More Results Faster, Continually. www.actionleadership.com
To download Brent Filson's 850 word article on Leadership Strategies, go to: www.actionleadership.com Click on "press room".
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