The future of work will demand for business strategy leaders who are agile and are adaptive to the fast-changing shift in the workplace culture. In the present times, a large percentage of employees seek meaningful work opportunities and strive for continuous feedback from their respective team leaders. And therefore, it becomes essential for the strategy leaders to engage the workforce in each business strategy they develop and implement. While such demands and evolving cultures might feel absurd to the leaders of the yesteryear, the modern leadership does embrace and promote the mentioned style of workforce management tactic.
Being adaptive is key personality trait to achieving success as a global business strategy leader. In the modern times, you as a business strategy leader, must respect the team under you, and should trust each member. The result of the same would be higher employee engagement, productivity, retention rate, and setting up of the organization for a profitable future.
Let’s now discuss about a few must-have personality traits in a competent business strategy leader in the current times.
3 Personality Traits Critical to Strategy Leadership
Servant Leadership is What You Should Practice
Servant leadership opposes the conventional form of business leadership wherein past leaders have had dominance over their respective teams. Contrary to that, servant leadership is a management style that encourages putting the needs and wishes of the employees first, and being there in the difficult times when the team members really need your backing. The said strategy blueprint is the exact reverse of the traditional top-down hierarchical approach towards work, and believes in accepting people as the most valuable asset to a company’s growth and future prospects.
Employees, at the Centre of the Servant Leadership Style:
Employees, at any organization, across industries, seek support from their leadership, not just in their day-to-day work-related duties but also in climbing up in the career ladder. However, each individual would have his own viewpoint on success, but a servant leadership management style will help them reach to their individual career goals fast. The mentioned approach towards leadership also promotes a work culture of service which keeps the employees engaged and invested in work.
A Robust Leadership Nurtures Professional Bonds
Strong professional bonds play a vital role in making a business strategy work for the company. It becomes even more crucial in case a business that is part of a client-service industry, although internal relationships among leaders and their respective teams within the organization too are equally important.
Business strategy leaders who cultivate and nourish robust professional bonds with their respective team players lay the essential wirework for an enhanced business performance and seamless communication. Strong professional bonds among both, managers and peers, help immensely in building a sturdy teamwork that eventually drives profitability and productivity for the organization.
Embracing Digitalisation
The rise of social media and internet has given employees a voice to vent out their grudges against a company. Unhappy employees these days do post negative reviews about a company anonymously on different job portals and that creates a bad reputation of the concerned firm. The long-term impact of the same can be detrimental to the company’s revenue-earning potential and recruitment efforts. Besides, they can lose out on a lot of business because of the ill fame in the industry.
A competent strategy leader would take such employee reviews criticising the company earnestly, and he would address them by responding in a polite manner and explaining about the reasons for their shortcomings. In the reply, he will also try to promise a resolution for the issue reported by the disgruntled employee, thereby preventing further damage to the firm’s reputation.
