As a leader, you are going to have huge challenges if you don’t make the right choices. Which kind of markets do you go into? Which kind of people do you employ? Are you going to focus on brick and mortar as a financial institution or leverage from technology, which kind of technology to deploy? What choices are you making in your business as a chief executive to move ahead? Leadership is about choices, either you choose A or B. when you choose A, it means you deliberately ignore B. The biggest challenge with mediocre leadership is trying to be…
Barriers to effective strategy execution point 5
Continuation of point 4 #5 Failure to prioritize and finance what matters most As a leader, you need to know what is in your way to effective strategy execution. There are certain things as a leader you need to get right. And alignment or having insider things speak together is very important. It is like having a car not well aligned. If you are driving through a straight road, put your hands off the stirring wheel as the car moves, if the wheels are not well aligned, the car will tend to veer off. To drive in a straight path, you must…