Key Skills an MBA in Strategic Leadership Offers
It’s a competitive business world. With global supply chains, data driven strategies, and innovative technology, businesses are arming themselves with the best tools and techniques possible to outperform the competition.
But, as with all things in business, true success starts at the top. Without committed and skilled leadership, even the best-equipped organization may flounder. Business news is filled with stories about people who had clever ideas, a capable group of employees, and still didn’t succeed because of poor leadership.
That’s where those who have received the best education and training can excel. Many of them come from MBA programs that focus on strategic leadership because it offers graduates that “edge.”
Below are some of the key areas where earning an MBA with a concentration in strategic leadership can bolster your career. And, more importantly, prepare you to take on a strong leadership role in businesses where millions of dollars – and thousands of jobs – may depend on your decisions.
An MBA program focused on leadership exposes students to the latest theories and strategies for guiding a business to optimum success. That includes managing people in such a way that respects and maximizes their talent. It also includes leading through example, and knowing how to listen to the people around you while developing strategies.
This covers all the communication skills, especially the ability to listen, and distill various opinions before executing a course of action. Strategic leadership programs also help graduates develop expert-level skills in negotiation and conflict resolution, two critical areas of leadership.
A Global Mindset
Business already had gone world-wide in the last half of the 20th Century. Now, with the internet, significant business barriers between countries have been greatly reduced, if not eliminated. A Strategic Leadership MBA puts the emphasis on a world-wide strategy, as companies strive to reach out for new consumers and develop new markets.
Data drives much of the decision-making in businesses, and it’s something that will spread to all industries, non-profits, and even government agencies. Understanding the fundamental theories behind data science, business intelligence, analysis, and data engineering are now critical to leadership success. The ability to understand why and how data is collected and analyzed goes a long way toward helping leaders understand the insights data offers.
Strategic Leadership MBA programs, such as the one from New England College, place an emphasis on project management. That’s because project management has emerged in the last 20 years as a key force for change within organizations.
The Project Management Institute projects that organizations will need 87.7 million people working on project management-related tasks by 2027. That number shows the importance of project management.
Leaders who understand the tools and techniques of project management have a better understanding of where to apply projects in ways that will make a business more efficient, marketable, and profitable.