This ECQ is about managing and developing strategic changes inside and outside an organization. As the world and an organization change, executives with this competency should continue to have a clear organizational vision and be able to implement that vision — or, if needed, adapt it — in the face of changes. The OPM identifies six segments that make up this competency:
- Creativity and Innovation: An executive should be able to develop their own new ideas and encourage them in others. They should question traditional thinking when it no longer serves and implement new strategies, solutions or processes.
- External Awareness: No organization exists in a vacuum and an executive understands this. He or she follows the local, national and international news, especially the items that could affect stakeholder ideas or an organization’s position. An executive is also aware of the impact an organization has on the greater world.
- Flexibility: An executive needs to be open and to adapt readily to new ideas, processes, circumstances and conditions — including challenges.
- Resilience: A successful executive needs to overcome challenges readily and needs to be able to stay focused and positive, even in the face of challenges. They must deal with pressure and take responsibility, offering leadership in difficult times.
- Strategic Thinking: A leader makes and meets goals, mitigates risks and seizes opportunities. He or she considers an organization’s goals and plans and acts to meet those long-term objectives.
- Vision: A leader has a clear vision and can share that vision with a team or organization, turning the vision into action and reality.