What is Strategic Leadership?

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Presentation transcript:

What is Strategic Leadership?

The ability to MANAGE HUMAN CAPITAL is one of the most critical “STRATEGIC LEADERSHIP is the ability to anticipate, envision, maintain flexibility, and empower others to create strategic change as necessary.” (Hitt, Ireland, & Hoskisson, 2007) The ability to MANAGE HUMAN CAPITAL is one of the most critical of the strategic leader’s skills. Hitt, Michael A, Ireland, & Hoskissan. “Strategic Management: Competitiveness and Globalization,” 2007.

Jim Collins says it is critical to…. get the RIGHT PEOPLE on the

To get the WRONG people OFF the bus! AND… To get the WRONG people OFF the bus!

Transformation of HR Human Resource Management is shifting from traditional “personnel departments” to Strategic Partners in Leadership.

Skills Needed for Strategic Human Resource Managers Critical Thinking Skills Leadership Skills Communication Skills Business Management Skills

Why Should HR Managers be Made Strategic Partners? To increase productivity of the labor force, which will improve profitability of the organization Competency and talent management To assist in monitoring data through increased use of information technology and the vast amount of knowledge used in the course of the activities of organizations To plan effectively for influences of globalization on the business landscape

How Do HR Managers Get a Seat at the “Business Decision-making Table?” HR Managers must demonstrate their roles in: talent management and compensation. making better use of people information and metrics. recognizing changing business needs and the ability to shift HR's capabilities and priorities accordingly. Lawler, Edward E. III, and Mohrman, Susan A. (2003). Creating a Strategic Human Resources Organization: An assessment of Trends and New Directions. Palo Alto, CA: Stanford University Press.