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New York Area Executives Admit Significant Gaps in Strategic Leadership
CONSHOHOCKEN, PA., February 14, 2013 – Survey results from the DSI Winter Strategic Leadership Forum uncovered critical gaps in addressing the need for strategic leadership.
The roundtable event, hosted by DSI – a leading future-centered consulting firm – earlier this month in New York City, included more than 30 regional business leaders from top-tier organizations, including BlackRock, Estee Lauder, and GE. Nearly 70 percent of attendees reported that they struggle to develop strategic leaders in their organizations.
Another key obstacle in the development process that was highlighted is the tendency for individuals to be promoted to leadership positions before vital strategic capabilities are fully developed. As the afternoon discussions revealed, addressing this challenge is exacerbated by the lack of a model or shared vocabulary for strategic leadership assessment and development. Until now, the tools to close this gap have been limited and rarely based on a comprehensive approach to strategic capability building.
The attendees also pinpointed decision making limitations as a key obstacle, leaders rarely have the freedom to experiment and take risks. As organizations primarily reward short-term results, long-term strategic thinking and development often fall to the wayside, creating a gap in this capability area. More than 60 percent of the forum attendees revealed that their organizations have failed to invest at the required level to build strategic talent to support growth over the long-term.
DSI has spent the past two decades conducting research and fieldwork in order to find an effective approach to this critical gap. The firm’s unique framework identifies The 6 Elements of Strategic Thinking and provides an assessment tool, known as The Strategic Aptitude Assessment, which helps gauge strategic capabilities and identify actionable feedback for development. Attendees had an opportunity to both review their scores and discuss growth opportunities.
The Strategic Leadership Forum is part of a series of events, in which DSI will gather senior executives to discuss key strategic leadership challenges and areas for development. To learn more about DSI’s Strategic Leadership Forum or to take The Strategic Aptitude Assessment visit, www.decisionstrat.com.
About DSI (http://www.decisionstrat.com)
Founded in 1990, DSI is a recognized leader in future-centered consulting. It provides adaptive planning and executive development to help some of the world’s leading organizations excel. DSI has helped more than 200 organizations around the globe, including nine of the Fortune 10, through uncertainty mapping, risk mitigation, critical decision-making, change management and innovation.