Aashna Kedia has been recently appointed as the head of a strategic business unit of a large multiproduct company. Advise Mrs. Kedia about the leadership role to be played by her in the execution of strategy.

CS Professional · Strategic Management and Corporate Finance · PYQS · June 2024
Aashna Kedia has been recently appointed as the head of a strategic business unit of a large multiproduct company. Advise Mrs. Kedia about the leadership role to be played by her in the execution of strategy.

Answer & Explanation:

Being appointed as the head of a strategic business unit of a large multiproduct company, Mrs. Aashna Kedia has been advised to perform the following key strategic leadership roles: Navigator - Clearly and quickly works through the complexity of key issues, problems and opportunities to affect actions (e.g., leverage opportunities and resolve issues). Strategist - Develops a long-range course of action or set of goals to align with the organization's vision. Entrepreneur - Identifies and exploits opportunities for new products, services and markets. Mobilizer - Proactively builds and aligns stakeholders, capabilities, and resources for getting things done quickly and achieving complex objectives. Talent Advocate and Innovator - Attracts, develops, and retains talent to ensure that people with the right skills and motivations to meet business needs are in the right place at the right time. Captivator - Builds passion and commitment toward a common goal. Global Thinker - Integrates information from all sources to develop a well-informed, diverse perspective that can be used to optimize organizational performance. Change Driver - Creates an environment that embraces change; makes change happen – even if the change is radical – and helps others to accept new ideas. Enterprise Guardian – Ensures shareholder value creation through courageous decision-making that supports enterprise – or unit-wide interests. These nine roles are important at senior strategic levels because they help leaders understand what to do to be strategic. They address the broader challenges leaders face as they transition from managing more narrowly focused 'silos' to taking on the challenges of more enterprise-wide leadership.

Topics: Strategic Leadership

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic