Group CEOs should spend 80% of their time on strategy, but business-unit MDs focus on short-term results instead. This gap leaves them unprepared for bigger roles. The fix: make strategic thinking a daily habit across the organization, not an annual event.
To improve C-suite skills, don't turn strategy into a one-time or annual event. Instead, train them to think strategically at all times. Some group CEOs mistakenly assume this is easy. In their role, they spend 80% of their time on strategy and 20% on daily operations. However, the reverse is true for their business unit MDs. The fact is, in their progress up the ranks, the drumbeat for immediate results kept them awake at night. Their ability to adapt quickly helped them get promoted. As such, your organization may not be organized to think strategically, and MDs will find this to be a challenge. Don't let them languish.
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