Strategic thinking is the cornerstone of leadership. The ability to conceive and execute a unique vision and chart a forward-looking path inspires many leaders to meet and exceed expectations. Ratan Tata, chairman of the Tata Group from 1991 to 2012, transformed a 120-year-old family business into a global conglomerate. Through several strategic acquisitions initiated by Tata, the Tata Group grew from $4 billion in annual revenue to $100 billion.
JCPenney and Macy’s former CEO Mike Ullman strategized to save the former retail giants largely by becoming entrenched in day-to-day operations and enhancing employee engagement. A strategic approach was also top of mind for founder and designer Mary McFadden, who came to the world of high fashion via an early childhood on a cotton plantation in Tennessee. She infused glamour and glitz into those she dressed, including former First Lady Jaqueline Kennedy Onassis. Sierra Leonean orphan Michaela DePrince’s early childhood was filled with despair until a gust of wind ushered an image of an en pointe ballerina into her world. DePrince realized her dream of becoming a dancer, pirouetting into the troupes and hearts of many across the globe before taking a final bow at the tender age of 29.
