Companies need T-shaped leaders, those who can share knowledge across the organization while focusing on their business units, but they should be a mix of visionaries and tacticians. Hise Gibson breaks down the nuances of each leader and how companies can cultivate this talent among their ranks
We’ve long known that organizations require so-called flexible leaders to respond to rapid market fluctuations; the last couple of years have only emphasized that necessity. The environment we operate in—shaped by the pandemic, social justice issues, war, and economic turmoil—is now more volatile than ever.
Amid all this turbulence, strategic thinkers must quickly evaluate opportunities and threats while operationalizing strategy. What organizations need now are “T-shaped leadersâ€â€”those who share knowledge across the organization (the horizontal part of the "T"), while maintaining functional-area expertise and commitment to their business unit (the vertical portion of the "T").
While the T-shaped leader concept is not new, my research over the last 15 years with the US Army—conducted with my colleagues Nicole Gilmore, director of talent development at MITRE Corp., and US Army Lieutenant Colonel Chevesco Cook—suggests that organizations need two types of leaders in order to realize their impact:
Developing these types of leaders is more important than ever, specifically for employee retention. It’s no longer common for people to spend their careers in the same company, or even in the same industry, so companies are often looking externally for leaders, a difficult and costly endeavor. If employees see developmental pipelines that lead to BTL- and LTL-focused roles they might be more likely to stay and grow.
Also read: How to break free from herd mentality
This article was provided with permission from Harvard Business School Working Knowledge.