External Perspective — An Under-Utilised Strategic Leadership Capability

Catherine Bailey and David Butcher

Chapter 2 in Leadership Learning, 2008, pp 35-55 from Palgrave Macmillan

Abstract: Abstract An external perspective is a critical but under-developed strategic and business leadership capability. Competing effectively in the today’s business conditions relies on a high level of customer and supply chain knowledge, and on best practice operational delivery, learnt directly from experience or vicariously from competitors. Yet increased competition and shortening product and service life mean sustained advantage can only be gained by leapfrogging competitors through changing the rules of the industry’s competitive game. Successful businesses exploit ‘industry breakpoints’ to create value and wealth in a different way by challenging received wisdom, and looking outside their industry to source innovation (Hamel, 2000a). Developing an ‘external perspective’ therefore becomes both an organisational and individual strategic leadership capability.

Keywords: Senior Manager; Organisational Support; Dynamic Capability; Total Quality Management; Corporate Entrepreneurship (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58407-5_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230584075

DOI: 10.1057/9780230584075_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().