Many people find it hard to distinguish between the two.
I’ve been chewing on definitions of leadership lately. What ARE the key skills and competencies that I as a coach help my clients develop. Sometimes it’s really about them furthering their management skills (Ssshhhh don’t tell). sometimes it is about something broader like hinking and acting strategically.
Roger Martin tells us in this article that strategy doesn’t equal budget. It should be simpler:
…strategy is a singular thing; there is one strategy for a given business — not a set of strategies. It is one integrated set of choices: what is our winning aspiration; where will we play; how will we win; what capabilities need to be in place; and what management systems must be instituted?
Can you answer those questions for your business?
See on blogs.hbr.org