This document presents different strategic approaches that can be used by leaders: classical strategy, adaptive strategy, visionary strategy, shaping strategy, and renewal strategy. It describes what each strategy is, when it should be used, and how it works. It also outlines the roles of leadership in applying different strategies, which include being a diagnostician, disruptor, segmenter, team coach, salesperson, antenna, inquisitor, and accelerator. The overall message is that leaders need to understand different strategic approaches and apply the right one to the business environment and circumstances.