The five dimensions of ambidextrous leadership

Achieving the dual goals of making your current business more effective and efficient while developing new revenue streams for the future is a challenge for leaders across all organizations. We have studied companies both large and small across multiple industries to see how successful leaders manage this. We call these people ambidextrous because they can engage in opposing behaviors as the situation dictates. We have identified five different dimensions that require ambidexterity.

Leading strategy: Leaders need to be able to take advantage of short-term market opportunities within the confines of the existing strategy, but at the same time they must have the capacity to let go of that strategy to build a completely new one, and to know which approach to use when. 

Leading execution: This is the ability to drive flawless…