Leadership Model

CHARACTER: The Foundation of Leadership

Plato described character as the naked soul stripped bare of external qualities of beauty, title, power or wealth. So, one may even have charisma and a dynamic personality but still lack character. In general, character is defined as dominant patterns of conduct based on one’s values and, no doubt, honesty and integrity are the hallmarks of a leader’s character. Leaders speak the truth, keep promises, act responsibly and have the moral courage to stand up for their beliefs. People follow those who they can trust, and leaders bring out the best in people through trust, respect, fairness, caring, sacrifice and by setting an example. We will begin our journey of leadership by first taking the time to clarify our values. Values serve as a basis for not only making life directing decisions, but also every day decisions, especially in the midst of the most pressing of circumstances. In fact, values provide the center to ride through major life challenges with one’s character intact. There is no leadership without character. It is that simple!

People of character are willing to sacrifice everything for their values–relationships, wealth, power and life – even when they find themselves in the jaws of death!

Socrates chose to be put to death rather than flee and forsake his values!

SELF-LEADERSHIP: 1st Pillar of Excellence

Unfortunately, most people do not live to their fullest potential, and many are held back by self-imposed limitations. Self leadership, therefore, requires serious introspection to explore long-held beliefs, attitudes and unconscious decisions that may have limited the many facets of our lives. Through self-awareness one discovers that one can become more than one has allowed oneself to be. A central question will guide the participants in their development of self-leadership: what is required to live at one’s fullest potential? The following model will be used to help participants deepen their awareness of their own unique truths, and to apply their vision of the future as the key component of self-leadership.

Vision

Leadership starts with a vision – a portrait of the future to which one can commit one’s life. It will be uniquely one’s own to empower and inspire one to work toward one’s dream. In creating our vision, we will be daring and reach for what we truly want to do in life that is aligned with our talents and strengths. Our unique vision will give us a reason to live life with a purpose and invent the future for ourselves.

Mental Paradigms

A paradigm is a framework through which we view our experience. However, our worldview and current way of thinking may not be effective in producing the results we hope to achieve. Letting go of the long held mental paradigms – even painful and dysfunctional ones – is often frightening, but holding on to them can be limiting in terms of growth, potential, creativity and wholeness. In this program, we will gain awareness of the content and nature of the limiting paradigms to which we cling and have the opportunity to tap into a range of available options as we begin to let go.

The Swiss invented the electronic quartz at their research institute. Yet, when the Swiss researchers presented this revolutionary idea to the Swiss manufacturers in 1967, it was rejected. The Swiss watch industry could not make a paradigm shift from mechanical watches to those requiring no bearings and gears. As a result, their market shared collapsed from 65 percent to less than 10 percent when the Japanese company, Seiko, adopted the electronic watch idea.

Emotional Intelligence (EI)

It was author Daniel Goleman who first brought the term emotional intelligence to a wide audience with a book of that name. In his research at nearly 200 global companies, Goleman found that while the qualities traditionally associated with leadership—such as intelligence, toughness, determination, and vision—are required for success, they are insufficient. Truly effective leaders are distinguished by high degree of emotional intelligence, which includes self-awareness, self-regulation, motivation, empathy, and social skills.

In this program we will further enhance our EI skills through regular feedback, coaching and practice, practice and practice! IQ gets you the job, but EI gets you promoted.

Health and Fitness

One cannot afford to gamble with one’s health because whatever one’s plans for the future, one cannot achieve them without physical and mental fitness. So, leaders need to develop an understanding of how to nourish their mind and body with proper diet and exercise lest their leadership effectiveness is cut short by cardiovascular disease, headaches, backaches, stomach ulcers, panic attacks, obesity, and other stress related disorders. IF YOUR HEALTH IS GONE, YOUR LEADERSHIP IS GONE! It is that simple.

In 2013 when Argentine President Cristina Kierchner’s was absent from the political scene for a month due to health reasons, it sparked political uncertainty just weeks before her ruling coalition faced a key test in midterm elections. IF YOUR HEALTH IS GONE, YOUR LEADERSHIP IS GONE! Leaders must eat right, exercise and learn how to manage stress!

Due to increased responsibility, the job of a leader can be extremely demanding,
and without stress management one begins to age at an accelerated pace.

21/32 of the U.S. Presidents did not reach life expectancy

Team Leadership: 2nd Pillar of Excellence

Leaders realize that extraordinary outcomes can only be achieved through a combined effort of a team. Therefore, leaders are skilled at gaining commitment, managing team dynamics through influencing, negotiation, and conflict resolution, encouraging a shared sense of purpose by facilitating discussions to develop a consensus, helping team make progress by effective problem solving and decision making, and ensuring that everyone involved contributes his or her best by creating a motivating work environment.

Communication and Presentation

Communication is the lifeblood of leadership. Almost every moment of our work and pleasure activities involves some type of communication. Subscribers to the Harvard Business Review rated “the ability to communicate” the most important factor in making an executive “promotable” – more important than ambition, education, and capacity for hard work. One twenty-year study that followed the progress of Stanford University M.B.A.’s revealed that the most successful graduates were also excellent communicators. The importance of communication becomes even more accentuated when we consider 85% of all job failures are due to communication conflicts, not to a lack of technical skills. – Forte Communication Survey

In this program we will further enhance our EI skills through regular feedback, coaching and practice, practice and practice! IQ gets you the job, but EI gets you promoted.

One of the best business speakers, Lee Iacocca, who saved the Chrysler Corporation, attributes his success to speaking. In his autobiography, he writes: “I’ve seen a lot of guys who are smarter than I am and a lot who know more about cars. And yet I’ve lost them in the smoke. Why? Because I’m tough? No … You’ve got to know how to talk to them, plain and simple.” 

Ronald Reagan, the late president of the United States, came to the attention of his party after the very first speech he made at the Republican national party convention in 1976. He was such a dynamic speaker. So, if you can organize your speech for greater clarity and purpose, and present your ideas with conviction, control and poise, the more you will be called upon to represent your team and, thereby, rise to a leadership position.

A vital part of communication is also to listen effectively and ask the right questions. Unfortunately, the majority of us never learned these skills in our schooling system.

The Chinese characters that make up the verb “To Listen” tell us something significant about this skill – ears, eyes, heart and soul all should be involved in listening.

Research shows that better listeners occupy higher levels in their organizations. In fact, according to business wisdom one should not invest in a company where the CEO talks more than he listens. The fear is that the CEO may not be learning fast enough to stay ahead of the competition – nobody ever learned more by talking than listening. This may very well be the reason why nature gave us two ears and one mouth, so we listen and speak in that proportion. Therefore, a leader must understand the listening habits causing roadblocks in his or her communication and apply active listening skills to communicate effectively.

Communication experts tell us that listening and questioning complement each other. Many times, one has to first listen to ask the right questions.

So, a leader must learn to ask the right questions. You will find leadership hidden in questioning! But we are not done with communication yet! We also need to understand the importance of business writing.

The power of business writing is immense. No matter how good one’s idea, it will not see the light of day unless it is first put in writing for the decision makers to review. This is the reason why the phrase, Okay, send me a proposal, is so commonly heard in a corporate environment. Therefore, your ability to organize and present your ideas in a coherent, meaningful written format will impact your effectiveness in getting a positive and a timely response. Even if you are not the one writing the proposal, as a leader you still need to understand the importance of format and the use of choice words to provide direction to the writer for high impact communication.

Throughout the ages pen has
remained mightier than the sword!

We Are Still Not Done With Communication Yet!

Time for Etiquette and Mannerisms

An executive search firm was hired by a company to find a top-level manager. After several weeks of interviews by a panel of experts, the list had narrowed to three candidates. As the final test, each candidate was invited to dine in a well-known restaurant. One candidate was particularly favored until disaster struck. 

He slurped his soup. He took a large bite of food and kept talking. And, as he cleared his plate, he used his thumb to push the remaining peas onto his fork. The interviewers looked on in horror. They decided to drop him from the final list. Their reason? Sloppy table manners.

Table manners, body posture, walk, gestures, facial expressions, handshake, the sound of one’s laughter, the way one dresses and conducts oneself lays the foundation of one’s personality. People are automatically drawn to those with a pleasing personality and repelled by those with distasteful manners. To be a leader you better have your etiquette and mannerisms in place!

Throughout the ages pen has
remained mightier than the sword!

Managing Change Transition

There was more information produced in the 30 years between 1965 and 1995 than was produced in the entire 5000-year period from 3000 B.C. to 1965. Word has it that the amount of information in the world is doubling every five years – far more knowledge, reaching far more people, far faster than ever before. Bottom line? Be ready for accelerated change because life is not going to get any easier. As a leader you must keep your eyes on the horizon and anticipate change, and more importantly, have the skillset to LEAD change. Otherwise, be prepared to become extinct like the dinosaurs who failed to adapt to their changing environment. 

Leaders recognized for leading their country through a period of severe crisis:
Elizabeth Turned Backwater England into a Flourishing Empire
Gandhi and Quaid led their people to Independence From the British Raj
Roosevelt Led United States Through the Great Depression

Time Management

If hard work was a criterion for success, then the beast of burden would have been riding over us. It does not matter how hard you work but how much you accomplish. Leaders are recognized for the legacy they leave behind, not the number of hours they log into their office. There is a difference between working hard and working smart, and leaders can make that distinction to accomplish more in less time.

Problem Solving and Decision Making

“How could we have been so stupid?” demanded John F. Kennedy after his administration’s invasion of Cuba had been soundly defeated at the Bay of Pigs. Former Yale University psychologist, Irving Janis, notes that the planners of this operation included some of the smartest people in America, and so they did not fail because they were stupid. They failed because they followed a poor process in arriving at their decision. To make sound decisions on a consistent basis one needs to combine a structured problem solving and decision-making process with the flexibility to think outside the box, seeing new possibilities, making connections and developing new ideas to implement innovative solutions.

In her book, The March of Folly, Barbara Tuchman, provides many examples of leaders making decisions even contrary to their own interests
  • Why did the Trojan rulers drag that suspicious-looking wooden horse inside their walls despite every reason to suspect a Greek trick?
  • Why did successive ministries of George III insist on coercing rather than conciliating the American colonies though repeatedly advised by many counselors that the harm done will be greater than any possible gain?
  • Why did Charles XII and Napoleon and successively Hitler invade Russia despite the disaster incurred by each predecessor?
  • Why did Montezuma, master of fierce and eager armies and of a city of 300,000, succumb passively to a party of several hundred alien invaders even after they had shown themselves all too obviously human beings, not gods?
  • Why did Chiang Kai-shek refuse to heed any voice of reform or alarm until he woke up to find his country had slid from under him?
  • Mao Tse-tung’s Great Leap Forward, with a steel plant in every backyard, and Cultural Revolution were also exercises in unwisdom that greatly damaged China’s progress and stability.

Conflict Resolution and Negotiation

Conflict is a natural consequence of human interactions. It tends to happen naturally when two parties have competing interests, especially in organizations which are departmentalized and segmented to increase control and effectiveness. However, the way we manage conflicts has a bearing on our personal and professional relationships. So leaders need to stay centered when facing conflicts, and know which conflict resolution style to use in a given situation – avoiding, competing, collaborating, accommodating, and compromising – to turn differences into a win-win situation.

There are better ways to resolve conflicts and create a win-win!
Also, we are all too frequently involved in everyday negotiations both in formal and informal settings. Yet only few of us have mastered this fine art. As a leader, one needs to develop a skillset to effectively use the many tools and techniques used in the negotiation process. The mark of a true negotiator is when the opponent leaves thinking he got the upper hand!

U.S. President, Lyndon Johnson, is fondly remembered for getting many bills passed in a divided American Congress. He got a lot done because he had mastered the fine art of negotiation! 

Meeting Facilitation

Over 60% of a leader’s time is spent preparing for, conducting and following up on meetings. Meeting facilitation is both an art and a science, which can be learned through practice and knowledge of facilitation tools and techniques. How a leader conducts and facilitates meetings may very well spell the difference between the success and failure of an endeavor. Many meetings have gone awry because the team leader could not engage participants in a focused discussion. The following example perhaps is best illustrative of why even a U.S. President needs facilitation skills to get the job done! 

Also, we are all too frequently involved in everyday negotiations both in formal and informal settings. Yet only few of us have mastered this fine art. As a leader, one needs to develop a skillset to effectively use the many tools and techniques used in the negotiation process. The mark of a true negotiator is when the opponent leaves thinking he got the upper hand!

Newsweek Article: Secrets From Inside the Obama War Room

Obama met with General Petraeus to clarify his expectations on Iraq-War strategy.

“The only way we’ll consider this is if we get the troops in and out in a shorter time frame,” Obama said.

If you can’t do the things you say you can in 18 months, then no one is going to suggest we stay, right?”

The president then encapsulated the new policy: in quickly, out quickly, focus on Al Qaeda, and build the Afghan Army. I’m not asking you to change what you believe, but if you don’t agree with me that we can execute this, say so now,” he said.

Obama wanted to make sure General Petraeus was crystal clear on the project timeline.

To avoid leaving any room for misinterpretation, Obama questioned if the participants understood his expectations.

At the end of the meeting, Obama once again summarized the new policy, and then questioned the participants if they had any reservations. This was to ensure that any disagreements were addressed in the meeting and that there was a consensus in the team.

As a facilitator, Obama used assertive communication skills in his dialogue with the meeting participants. He kept the discussion on track by paraphrasing and summarizing the main points and continued to listen and question the participants for clarity of purpose. For additional details on how Obama conducted the entire meeting session, please refer to the full-length article.

Given the history of racial discrimination in U.S., a black man could not have risen to the highest office in the country without having the skillset to lead focused discussions and establish a track record of his accomplishments. This only speaks to the importance of facilitation skills. In the end, leaders are held responsible for making things happen, which makes it all the more critical for them to know how to facilitate result-oriented discussions and meetings.

Influencing Skills

Imagine you are a passenger on this ship, and from your vantage point you come to know hours in advance that the ship will fall over the cliff; how will you convince the captain to chart a different course without formal authority? Once you understand how the influencing process works, you will realize that you have many options – rational persuasion, exchange, coalitions, ingratiation, upward appeals, consultation and pressure. Your expertise, however, will be put to the test in how you make use of these techniques in effecting the thoughts and behavior of the targeted individual because at times you may not have the formal authority to command and control.

When General Eisenhower became the President of the U.S., he realized that the command-and-control style he so successfully used in the army had no place in bureaucracy. He had to learn how to influence the congressmen to get the job done! 

As a facilitator, Obama used assertive communication skills in his dialogue with the meeting participants. He kept the discussion on track by paraphrasing and summarizing the main points and continued to listen and question the participants for clarity of purpose. For additional details on how Obama conducted the entire meeting session, please refer to the full-length article.

Managing Team Dynamics

Research shows that success in accomplishing a significant endeavor is attributed to 15% technical knowledge and 85% people skills. Now that you have developed the skillset of team leadership – communication, presentation, conflict resolution, negotiation, facilitation, influencing, questioning, listening, problem solving, decision making, and change management – you will be able to leverage the knowledge, skills and experience of others to accomplish the project goals. Managing team dynamics requires a leader to work with different behavioral styles, and address team building challenges during its different phases of formation – Forming, Storming, Norming, Performing, and Adjourning. Leadership is about leading people, and this is one skill you cannot do without.

Stages of Team Development

Forming

Team members cautiously familiarize themselves with the project’s objectives, the project manager, and with each other.

Storming


Control, power and influence issues emerge as project work begins.

Norming


Team members have resolved issues in the storming phase and established cooperative and productive work practices.

Performing


The team functions in a highly productive and interdependent manner.

Adjourning

Team members may feel insecure as they disengage from the project work and relationships.

To manage team dynamics, a leader needs the skillset to address the team building challenges as they appear during its different phases of development! Each phase presents its own unique challenges.

PROJECT-LEADERSHIP: 3rd Pillar of Excellence

Project management is the planning, organizing, directing, and controlling of resources – time, money, people and equipment – to accomplish specific goals and objectives. Leadership effectiveness depends on whether one can accomplish the set goals within time, cost and performance constraints. According to the data released by the Bureau of Economic Analysis, the US public and private sectors combined spend some $2.3 trillion on projects every year, an amount equivalent to a quarter of America’s GDP. Leaders have to be adept in the art and science of project management. Otherwise, one’s ability to deliver becomes highly questionable.

Initiation

Define the scope, objectives and deliverables of the project. Many projects have failed because they were started without a formal statement of work, and the project leader had not taken the time to clearly define the scope and objectives. Perhaps the project leader was in a bit of a hurry, not realizing that cutting corners in the project definition phase can later spell disaster.

Planning

Establish detailed project plans by making use of a variety of planning techniques and tools, including work break-down structures, Gantt charts and risk management plans. The project leader needs to be familiar with these tools to plan the project. There are no short-cuts.

Execution and Control

Execute, track and control the project by monitoring progress, resources and budget, and keeping all parties informed through status reporting. This is where project management skills are really put to the test.

Close-Out

Perform post-project review to evaluate the schedule, budget, and quality of the end product and capture the lessons learned.

The Price of Not Managing the Project Right

Stepping Down in Disgrace!
Kathleen Sebelius forced to step down
When the healthcare marketplace website launched in October 2013 in U.S., the Affordable Healthcare Act site was a disaster.
One lawmaker wanted to make sure that Health and Human Services Secretary Kathleen Sebelius got the message, so he handed her a “Website for “Dummies” book to take a jab at the site’s problem-riddled launch.
If you cannot manage a project right, then you will be forced to step down in disgrace.

STRATEGIC-LEADERSHIP: 4th Pillar of Excellence

To lead through the uncertainty of the marketplace, leaders need to think strategically in the context of global trends shaping the world. The worldwide adverse economic contagion effect of Asian financial crisis of 1998, failure of global banking institutions in 2008, the upheaval in the Middle East, and the influence of the rising economies of Brazil, Russia, India, China and Indonesia on the international socio-economic landscape makes it quite evident that leaders, of all people, can ill-afford to constrain their thinking divorced from international political, social, economic and technological agents of change. It is rightly said that one bad assumption can even bring down an empire, so strategic thinking, definitely, is a hallmark of a great leader.

Business Understanding

Leaders not only require a solid understanding of their own field of study, but also of core business concepts in marketing, finance, operations, HR, and economics to offer viable strategic solutions. Business concepts are interwoven in the fabric of an organization’s day-to-day operations – profit or non-profit. To be in a leadership role at the community, organization, national or international level, the foundational concepts in business lay the framework for making effective strategic decisions. Having a solid foundation in core business concepts cannot be overstressed for a leader.

Core Business Concepts

Finance

Interpretation of Financial Statements, Time Value of Money, Capital Budgeting, Cost of Capital.

Marketing

4 P’s of Marketing, Marketing Mix Decisions, Value Proposition, Integrated Marketing Communication, Consumer Decision Making Process.

Finance

Process and Capacity Design, Order Winners and Qualifiers, Demand Forecasting, Total Quality Management, Inventory Management.

HR

Compensation and Benefits, Performance and Talent Management, Employment Law, Workforce Planning, Recruitment and Selection.

Economics

Business Cycles, Demand and Supply, Recession and Inflation, Monetary and Fiscal Policy, Capital Markets, Economic Indicators.
It is widely believed that Shinzo Abe, the Prime Minister of Japan, lost re-election because he showed scant understanding of business economics during his first term in office. Then during his term out-of- office, he was tutored on the economics of running a country. Later he stood again and won the elections to lead his country. His first term, however, was a debacle given his lack of business understanding!

Critical Thinking

There are many different definitions of critical thinking, but the main objective is to decide what to believe or do through reason and reflection. When leaders fail to use critical thinking, they start to delude themselves.
The judge told Boris Berezovsky, a business tycoon, in the London courtroom why his $5.1 billion lawsuit against a former business associate had failed so badly. She said he had “deluded himself into believing his own version of events.”
Source: The New York Times 2013

People Delude Themselves All the Time!

The decisive year never came, and in the end the generals packed their bags and left!

To think critically, leaders need a firm grasp of the eight elements of critical thought; otherwise, it does not take long for delusion to set in!

Delusion in the Business World

These U.S. business icons went bankrupt because of a severe lack of critical thinking!
In the run-up to the financial crisis of 2008, International Monetary Fund (IMF) said “global economic risks had declined” and that “the overall U.S. economy is holding up well and the signs elsewhere are very encouraging.” On September 12, 2008, just three days before the crisis began, J.P. Morgan, arguably the United States’ premier financial institution, projected that the U.S. GDP growth rate would accelerate during the first half of 2009. IMF, J.P. Morgan and other professional analysts chose to believe their own version of events and ignore the 50 of the top U.S. newspapers who ran a combined 268 stories referencing a “housing bubble” in 2003. By 2005, they had run an additional 1,977 such stories. This is called lack of critical thinking.

Systems Thinking

A newspaper once published a cartoon in which a man sitting in an armchair pushes over a giant domino encroaching upon him from the left. “At last, I can relax,” he tells himself in the cartoon. Of course, he does not see that the domino is toppling another domino, which in turn topples another, and another, and that the chain of dominoes behind him will eventually circle around his chair and strike him from the right.
A typical solution feels wonderful when it first cures the symptom. However, it is only a matter of time before the problem returns, but this time it may be even worse than the original. We fix one problem and create another, and no wonder today’s problems are yesterday’s solutions. Leaders have to learn to make intervention at the systems level to avoid making today’s solutions tomorrow’s problems. Here are a few examples to consider pertaining to U.S. business sector.

Risk Management

Risk can simply be defined as the chance that some event other than the expected will occur. To manage risk one has to understand the probability and impact of an event, and then take an appropriate course of action. Examples demonstrating the importance of risk management:
On March 24, 1989, a tanker ran aground in Alaska, spilling 11 million gallons of crude oil. The spill cost Exxon Mobil more than $3billion in cleanup operations and settlements. Minutes before the tanker struck the reef the captain told the third mate to make a right turn to avoid the reef and then he went downstairs. The turn was never made. If the captain had done risk analysis and asked the question, “What would be the impact if the Third Mate does not make the turn,” then he probably would have stayed to supervise the turn. When the impact is so high, you simply don’t put a novice third mate at the helm!
Brazil tycoon Eike Batista’s empire first soared then melted into bankruptcy. He certainly could have done a better job managing risk!

Historical and Global Perspective

Philosopher Arthur Schopenhauer once observed: “Every person takes the limits of their vision for the limits of the world.” To avoid constriction of one’s worldview, leaders need to enrich their vision with a global perspective since we now live in an era in which global issues strongly affect local decisions. Global warming, international financial crisis, nuclear proliferation, pandemics, human trafficking, poverty, terrorism, civil wars, refugee crisis, breakdown of old political order and world peace are some of the universal issues that now affect our very human existence. Leaders, therefore, cannot constrain their thinking divorced from international political, social, economic and technological agents of change.

Where global perspective broadens our vision of the universal issues, historical perspective enhances our understanding of the circumstances that contribute to the outcome of an event. Without historical context, it is easy to make decisions based on misleading conclusions. This is the reason why it is so aptly said that those who do not learn from history are condemned to repeat it and drag the Trojan horse within the safety of the city walls.

The Trojan Horse was a deception used by the Greeks to enter the city of Troy and win the war. After a futile 10-year siege, the Greeks constructed a huge wooden horse, and hid a select force of men inside. The Greeks then pretended to sail away, and the Trojans pulled the horse into their city as a victory trophy. That night the Greek force crept out of the horse and opened the gates for the rest of the Greek army, which had sailed back under the cover of night. The Greeks entered and destroyed the city of Troy, decisively ending the war.
To develop a historical and global perspective, we will begin by doing a survey of world history and delve into foreign affairs to understand how global issues affect local affairs and our way of life. Otherwise, without these two perspectives, one becomes a frog in a well that knows nothing of the great ocean.

Strategic Planning

Strategic planning allows us to envision our future and develop the necessary operations and procedures to achieve it. This bear has the right idea. It has chosen a strategic spot to achieve its goal.
There are many definitions and models of strategic planning, but regardless of their differences, the following questions have to be addressed:

Vision

What do we want to achieve long-term?

Situation Analysis

Where are we today?

Goals

What milestones do we want to accomplish to achieve our vision?

Action Steps

What steps do we need to take to accomplish our goals?

Success Criteria

How do we measure our success?
Many organizations did not survive in the marketplace because they failed to plan strategically and realize that the competition is coming from above, not from sideways – Netflix with its mail distribution model put Blockbuster Video out of business.

Elizabeth the 1st of England

Strategic Leadership at its Best

When Elizabeth ascended the throne in1558, England was an economic and cultural backwater, impoverished, burdened by runaway inflation, cursed with a debased currency, possessing neither an army nor a navy to speak of, torn internally by religious dissension propelling the country toward civil war, faced with enemies in Scotland, plagued by rebellion in Ireland, eyed greedily by the French, the Spanish, and the Holy Roman Empire, its pitiful throne contested by more than a few pretenders. Viewed as a business, it was a failing business. Viewed through the eyes of twenty-five-year old Elizabeth, it was a business in need of a turnaround. When Elizabeth died in 1603, having reigned for forty-five years, England was the richest and most powerful nation in Europe and well on its way to becoming the one of the greatest empires the world would ever know. Elizabeth could not have done this without strategic leadership!