NISSMAT

Relationship between Business and Leadership Strategies

Video Library

Relationship between Business and Leadership Strategies

Duration: 1:39:10Published: June 25, 2021

What this session covered

This was the institute's 120th international webinar, examining the relationship between business strategy and leadership strategy. Following an opening address that set out common categories of business strategy — including cost-based approaches, product differentiation and mergers and acquisitions — alongside a range of recognised leadership styles, the session heard from three speakers in turn, each drawing on a different professional background. A moderator introduced the speakers and conducted a short question-and-answer segment at the close. The discussion was framed throughout around a single proposition: that business and leadership strategies must be aligned if either is to succeed.

The first speaker argued that strategy has little value until it is implemented, and set out four levers through which leaders might connect strategy to execution: culture, processes, structure and technology. Particular emphasis was placed on organisational culture as a determinant of whether a strategy takes hold, illustrated with examples drawn from well-known technology, retail and consumer-goods companies. The second speaker offered a case study of a privately owned international security services company, tracing its growth from a small start-up into a large multinational and reflecting on the challenges of scaling across multiple jurisdictions and cultures — among them growth through acquisition, access to capital, recruiting for cultural fit and work ethic, devolving profit-and-loss responsibility towards project level, and using standardised processes and regular reporting to integrate acquired businesses and maintain accountability. The third speaker reflected on leadership across three sectors — the armed forces, corporate management, and the social and development sector — arguing that a leader's authority must be earned rather than assumed, that learning a business from the ground up builds credibility, and that execution by frontline staff, underpinned by trust, transparency and consistency, ultimately determines results.

Later contributions referred back to and reinforced points raised earlier, with recurring attention to organisational culture and to the distinction drawn between empathy and sympathy. In the closing question-and-answer segment, one speaker addressed how organisations manage increasingly educated and connected workforces, touching on motivation beyond financial reward and the handling of misinformation on social media. A further exchange considered how the balance between business and leadership strategy shifts in turnaround situations, with one speaker suggesting these call for a more transformational style and deliberate changes to an existing culture. The session presented a set of practitioner perspectives on aligning leadership practice with business objectives rather than advancing a single conclusion.

Key points raised

  • The session was organised around the proposition that business strategy and leadership strategy must be aligned to be effective.
  • One speaker framed implementation as the true purpose of strategy, proposing culture, processes, structure and technology as the levers connecting strategy to execution.
  • A case study of an international security services firm was used to illustrate the challenges of rapid growth across jurisdictions, including acquisition, cultural integration, devolved accountability and standardised processes.
  • Reflections spanning military, corporate and social-sector leadership stressed that authority must be earned and that frontline execution, trust and consistency determine outcomes.
  • Recurring themes across the contributions included organisational culture and the distinction between empathy and sympathy.
  • The closing exchanges addressed managing change in educated, connected workforces and the different demands of turnaround situations.
Share