Strategic Leadership: A Paradoxical Mindset of Value Creation

Abstract

Strategic leadership is a distinctive success factor for current and future competition. Strategic leadership requires that leaders have strategic thinking competencies, involving creative thinking and the ability to recognize emerging opportunities. This research describes the distinctive responsibilities for strategic leaders and develops a model for strategic leadership to facilitate the realization of strategic and innovation changes. This model called Strategic Leadership Matrix describes a new strategic leadership approach which not only contains capabilities of strategic leaders, but it focuses on their core responsibilities regarding three domains: corporate environment, value creation and people. As a result, we conclude that the ultimate goal of strategic leadership is to provide for innovation and the creation of new market opportunities.