who
who was Reed Hastings and what did he do to make him a strategic leader?
Killed his DVD business and created an online streaming platform known as Netflix
Defining a clear compelling vision is which step in the 4 step process?
2
Blockbuster
Strategic leadership works best when you are able to accurately anticipate _____.
Trends
Strategic leadership is used to make decisions to…
Help a company reach ultimate success in the long term (future)
where do most people assume strategic leaders are found?
In office settings
DOUBLE JEOPARDY: what year did strategic leadership get coined? (Take a guess- closes gets the points)
1982
Name one trait of a strategic leader
connect seemingly unrelated data points
high adaptability
decisiveness
making tough calls even with incomplete information
emotional intelligence
analytical rigor
Microsoft transformed the idea of online tools being “know it all” to _____ __ ___?
”learn it all”
the mistakes were not caused by poorly run operations, but instead were caused by…
failures of strategic foresight!
What is one of the two famous leaders (one is an entrepreneur and the other was a former president) that were named during the “who” slide?
Theodore Roosevelt /Jeff Bezos
environmental assessment is which step in the 4 step process?
1
What is the result of refusing to reallocate the budget?
Stagnant progress with no competitive differentiator
The rise of __________ __ is a major factor in today’s world for determining the outcome of one’s business
Generative AI
Past, present, or future; which is the number one priority on a strategic leaders agenda?
Future
Who took over Microsoft in 2014
Satya Nadella
execution with feedback is which step in the 4 step process?
4
What business did Kodak try to protect by jot releasing the digital camera
The film camera business
Strategic leadership requires you to be _____ and forward thinking (from video).
Proactive
What is Analysis Paralysis?
delaying forwarding decisions out of fear
What was the name of the lady in the video we watched?
Stephanie S. Mead
resource allocation is which step in the 4 step process?
3
DOUBLE JEOPARDY how much money did blockbuster have the opportunity to buy Netflix for?
50M dollars
It is better to _______ market trends rather than react to them
Dictate
Strategic leadership represents a balance between what two things?
short-term operational stability and long-term strategic vision