190974982 Strategic Management And Leadership
INTRODUCTION
I am working at the medium sized company, Silky Road (SR), has success in the electronic industry, as a senior management advisor. The main office is located in the Kyout Ta
Tar Township. We imported high quality electronic items such as Hand phone, telephone, TV, laptop, computer, DVD, etc., from Thailand, South Korea, Hong Kong, USA. We are now 5th place in the market.
1.1
Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively.
Strategic management is defined as the set of decisions and actions resulting in the formulation and implementation of strategies designed to achieve the objectives of the organization (John A. Pearce II and Richard B. Robinson, Jr.).
The processes of strategic management are environmental scanning, strategy formulation, strategy implementation and evaluation.
Implementing strategy requires a team effort headed by organization 's leadership. Each person involved in change management has their responsibilities, and it is important for the entire organization to understand the role of leadership in strategic implementation to make delegating responsibility more effective.
In strategy evaluation, leadership examines the bases for strategy as well as compares the expected results versus actual results, and develops corrective action plans if there are any deviations. The changing nature of work organizations, including flatter structures and recognition of the efficient use of human resources, coupled with advances in social democracy, have
Page 1
combined to place growing importance on leadership. The nature of management is moving away from an emphasis on getting results by the close control workforce and towards the environment of coaching, support and empowerment.
Leadership is a process of social influence, which maximizes the efforts of others, towards the achievement of a goal. There are four styles of leadership.
(1) The
I am working at the medium sized company, Silky Road (SR), has success in the electronic industry, as a senior management advisor. The main office is located in the Kyout Ta
Tar Township. We imported high quality electronic items such as Hand phone, telephone, TV, laptop, computer, DVD, etc., from Thailand, South Korea, Hong Kong, USA. We are now 5th place in the market.
1.1
Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively.
Strategic management is defined as the set of decisions and actions resulting in the formulation and implementation of strategies designed to achieve the objectives of the organization (John A. Pearce II and Richard B. Robinson, Jr.).
The processes of strategic management are environmental scanning, strategy formulation, strategy implementation and evaluation.
Implementing strategy requires a team effort headed by organization 's leadership. Each person involved in change management has their responsibilities, and it is important for the entire organization to understand the role of leadership in strategic implementation to make delegating responsibility more effective.
In strategy evaluation, leadership examines the bases for strategy as well as compares the expected results versus actual results, and develops corrective action plans if there are any deviations. The changing nature of work organizations, including flatter structures and recognition of the efficient use of human resources, coupled with advances in social democracy, have
Page 1
combined to place growing importance on leadership. The nature of management is moving away from an emphasis on getting results by the close control workforce and towards the environment of coaching, support and empowerment.
Leadership is a process of social influence, which maximizes the efforts of others, towards the achievement of a goal. There are four styles of leadership.
(1) The
References: Mullins, L J. 2007. Management and Organizational Behaviour. 8th edition. England. Pearson Education Limited. Soe. A T. 2013. Strategic management and leadership skills (Lecture slides). MIC Goodnight, R