Phase 1.1 – Article – Strategic Leaders Manage Assumptions

Strategic leadership is a shared responsibility of many from across the organization coming together to exercise their particular leadership responsibilities in a distributed, integrated and systematic fashion. This is a hallmark in an organization where strategic focus has reached maturity.

To accomplish this level of strategic maturity takes time, well‐placed effort and transparent communication by all members of the strategic leadership team. Integral to this process is developing an effective strategy grounded in a realistic understanding of the market environment as it intersects the core capabilities of the organization. Very often leadership teams do not have all the facts to make these precise determinations. As a result, leaders and leadership teams make assumptions about present realities, based on past experience, without actual proof. This “fact gap” results in varying degrees of risk depending on the nature of the assumptions being made.

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