Developing Strategic Management and Leadership Skills
Developing Strategic Management and Leadership Skills
Executive summary
This assignment highlights main elements of the relationship between strategic management and leadership. A number of different styles and strategies have been described during the 20th century. The report tries to summarise some of the important ones and show that altough approaches can be various but the main goal is the efficient existence and continuous development of an organisation.
Introduction
„Leadership has been described as “a process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task"
Chemers M. (1997)
„Strategic Management can also be defined as "the identification of the purpose of the organisation and the plans and actions to achieve the purpose. It is that set of managerial decisions and actions that determine the long term performance of a business enterprise. It involves formulating and implementing strategies that will help in aligning the organization and its environment to achieve organisational goals."
Lamb, Robert (1984)
It is clear that leadership and strategic management both serve an organisation to achieve better performance and able to perform continuos development. All companies are faced today with rapid change of business environment, globalised markets bringing more and more competitors and the effects of recession. Leadeship strategies and skills have to be matched with the plans and projects of the management to attain sustainable competitive advantage.
Relationship between strategic management and leadership
Link between strategic management and leadership
Management and leadership are often considered as synomyms. It is true that they have a strong connection to each other, but the two words have different meanings. Both are crucial to the success of an organisation.
Leadership is the activity, which leads an organisation towards a pre-defined direction or
Executive summary
This assignment highlights main elements of the relationship between strategic management and leadership. A number of different styles and strategies have been described during the 20th century. The report tries to summarise some of the important ones and show that altough approaches can be various but the main goal is the efficient existence and continuous development of an organisation.
Introduction
„Leadership has been described as “a process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task"
Chemers M. (1997)
„Strategic Management can also be defined as "the identification of the purpose of the organisation and the plans and actions to achieve the purpose. It is that set of managerial decisions and actions that determine the long term performance of a business enterprise. It involves formulating and implementing strategies that will help in aligning the organization and its environment to achieve organisational goals."
Lamb, Robert (1984)
It is clear that leadership and strategic management both serve an organisation to achieve better performance and able to perform continuos development. All companies are faced today with rapid change of business environment, globalised markets bringing more and more competitors and the effects of recession. Leadeship strategies and skills have to be matched with the plans and projects of the management to attain sustainable competitive advantage.
Relationship between strategic management and leadership
Link between strategic management and leadership
Management and leadership are often considered as synomyms. It is true that they have a strong connection to each other, but the two words have different meanings. Both are crucial to the success of an organisation.
Leadership is the activity, which leads an organisation towards a pre-defined direction or
References: Ballmer, Steve (2007) Steve Ballmer Speaks Passionately about Microsoft, Leadership ... and Passion; Published: January 10, 2007 in Knowledge@Wharton Source: <http://knowledge.wharton.upenn.edu/> Bolden, R., Gosling, J., Marturano, A. and Dennison, P (2003) A review of leadership theory and competency frameworks - Edited Version of a Report for Chase Consulting and the Management Standards Centre, Exeter: University of Exeter Chemers M Hersey, P. and K.H. Blanchard (1977) Management of Organizational Behaviour. Englewood Cliffs NJ: Prentice Hall. Lamb, Robert (1984) Boyden Competitive strategic management, Englewood Cliffs, NJ: Prentice-Hall, Microsoft, A Vision and Strategy for the Future, Source: <http://www.microsoft.com/en-us/diversity/vision.aspx> Sims, Doris (2009) The 30-Minute Guide To Talent And Succession Management: A Quick Reference Guide For Business Leader, Bloomington: AuthorHouse Strategic Management - A Complete Study Guide William Pasmore, Ph.D. (2011), Developing a leadership strategy, A critical ingredient for organisational success, Center for Creative Leadership Source: <http://www.ccl.org/leadership/pdf/research/LeadershipStrategy.pdf >