IImportance of strategic leadership
The importance of strategic leadership: Discussing the role of strategic leadership in determining the organization’s strategic direction
1.0 Introduction………………………………………………………………………………….3
2.0 The role of strategic leadership in determining the strategic direction of an organization…..........................................................................................................................4
2.1 Shared vision, mission and core values………………….…….........................................4
2.2 Change management and adaptability…………..……………………………………….5
2.3 Growth of an organization…….……...............................................................................6
2.4 Building a positive organizational culture ………….…………………………………..8
2.5 Environmental scanning...………………………………………………………………..9
2.6 Resource allocation and management...............................................................................10
2.7 Yielding profit in a non-profit making organization.........................................................10
3.0 Conclusion……………...…………………………………………………............................11
4.0 References …………………………………………………………………………………..12
1.0 Introduction
Strategic leadership is important to organizations for a variety of reasons. Organizations have discovered that strategic leadership is a pathway to success. It is noted in the business environment that more organizations succeed using strategic leadership and those organizations which do not use strategic leadership meet with failure and ruin. To define well is to understand well therefore to comprehend well the importance of strategic leadership in determining the organization’s strategic direction, there is need to define well the concept of strategic leadership. Rowe (2001) defines strategic leadership as the ability to influence others to voluntarily make day to day decisions that enhance the long term viability of the organization while at the same time maintaining
1.0 Introduction………………………………………………………………………………….3
2.0 The role of strategic leadership in determining the strategic direction of an organization…..........................................................................................................................4
2.1 Shared vision, mission and core values………………….…….........................................4
2.2 Change management and adaptability…………..……………………………………….5
2.3 Growth of an organization…….……...............................................................................6
2.4 Building a positive organizational culture ………….…………………………………..8
2.5 Environmental scanning...………………………………………………………………..9
2.6 Resource allocation and management...............................................................................10
2.7 Yielding profit in a non-profit making organization.........................................................10
3.0 Conclusion……………...…………………………………………………............................11
4.0 References …………………………………………………………………………………..12
1.0 Introduction
Strategic leadership is important to organizations for a variety of reasons. Organizations have discovered that strategic leadership is a pathway to success. It is noted in the business environment that more organizations succeed using strategic leadership and those organizations which do not use strategic leadership meet with failure and ruin. To define well is to understand well therefore to comprehend well the importance of strategic leadership in determining the organization’s strategic direction, there is need to define well the concept of strategic leadership. Rowe (2001) defines strategic leadership as the ability to influence others to voluntarily make day to day decisions that enhance the long term viability of the organization while at the same time maintaining
References: Ireland and Hitt (2005) indicate that strategic leaders view organization members as critical resource on which many core competencies are built and through which competitive advantages are exploited successfully. 3.0 Conclusion As I close on the importance of strategic leadership in determining the strategic direction of the organization, Ireland and Hitt (2005) exhibit six components that top leaders in organizations of the 21st century need to practice Glenn, R.,& Mehdi, H.N. (2009). Strategic leadership: Short term stability and Long term viability Ireland, D.,& Hitt, M.A. (2005). Achieving and maintaining strategic competitiveness in the 21st century; The role of strategic leadership Jeff Slattery. (2013). Change management. Journal of Strategic leadership, 4(2), 1-5 Phipps, K.A., & Burbach, M.E. (2010). Strategic leadership in the Nonprofit Sector: Opportunities for Research Preedy, M., Ron, G., Rosalind, L. (2004). Educational Management: Strategy, Quality, and Resources Quong, T., & Walker, A. (2010). Seven Principles of Strategic Leadership International Studies and Education Administration, 38(1) Rowe, W.G. (2001). Creating wealth in organizations; The role of strategic leadership. The Academy of Management Executive, 81-94. Safford, G.S. (2005). Strategic Planning. Leadership through Vision. Evangel Publishing house