Most companies have leaders with the strong operational skills needed to maintain the status quo. But they face a critical deficit: They lack people in positions of power with the know-how, experience, and confidence required to tackle what management scientists call “wicked problems.” Such problems can’t be solved by a single command, they have causes that seem incomprehensible and solutions that seem uncertain, and they often require companies to transform the way they do business. Every enterprise faces these kinds of challenges today.Strategic leaders, or those effective at leading transformations.

A few main traits / characteristics / features / qualities of effective strategic leaders that do lead to superior performance are as follows:

Loyalty-

Powerful and effective leaders demonstrate their loyalty to their vision by their words and actions.

Keeping them updated-

Efficient and effective leaders keep themselves updated about what is happening within their organization. They have various formal and informal sources of information in the organization.

Learn To Delegate

As a leader, you’ll likely have a team of like-minded individuals that share your vision and help you to achieve your goals. However, if you don’t trust your team members, you’ll never progress toward success. Delegating is a crucial part of team development; without distributing tasks and requesting the help of others, you will soon find yourself frustrated and swamped with all the work.www.iibmindia.in

The key to delegating is to identify and capitalize on the strengths of your teammates and assign them tasks accordingly. Furthermore, weekly meetings or frequent check-ins with team members is a great way to ensure everyone is on the same page and moving forward in an effective, progressive manner.

Be honest and open about information

The management structure traditionally adopted by large organizations evolved from the military, and was specifically designed to limit the flow of information. In this model, information truly equals power. The trouble is, when information is released to specific individuals only on a need-to-know basis, people have to make decisions in the dark. They do not know what factors are significant to the strategy of the enterprise; they have to guess. And it can be hard to guess right when you are not encouraged to understand the bigger picture or to question information that comes your way. Moreover, when people lack information, it undermines their confidence in challenging a leader or proposing an idea that differs from that of their leader.