Link Between Strategic Management And Leadership Case Study
1.1 Explain the link between Strategic Management and Leadership. Strategic Management can be further defined as Art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives (David, F.R., 2011). Some other renowned definition on Management where Van fleet and Peterson described Strategic Management as a "set of activities that directs efficient and effective utilisation of resources to achieve Organisational Objective" where as F.W.Taylor defined management as "art of Knowing what to do, when to do and ensure it is carried out in most economical and cheapest way". Figure 1 - : What is Strategic Management ? Source -: Created By Author Leadership is
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There are plenty of troubles, bottlenecks and roadblocks when managing an Organisation. But with correct guidance and leadership it could drive towards success and a person who successfully and effectively carrying out that task is identified as a leader. Strategic Management is all about utilising the Organisational resources more efficiently and effectively where as Leader would bring all people to achieve common objective of the Organisation. Leaders being visionaries could guide the human resource of an organisation to achieve Organisational goals where managers could make the guidelines to achieving these objectives. Since there is an Strategy and Cleary laid Organisational plans both these two functions could assist Organisation in achieving their common goals with proper planning and executing the business plans (Brighton School of Business and Management, 2017).
1.2 Analyse the impact of Management and Leadership styles on strategic decisions. Leadership is depends on Person, People and process which we called as 3 P's. Figure 2 - Leadership in Person, People and Process (3 …show more content…
There are thee main Leadership styles called autocratic, democratic and laissez - faire. Autocratic leaders instruct workers on what to do where as democratic leader encourage team work and sharing and always listen to the employees. laissez - faire are not born leaders where they help when they were requested. One needs to understand himself which type of leader himself adopting it to the Organization.
Identify the Pros and cons of each of these styles. Autocratic leaders brings productivity up but his presence is vital to achieve that. If he is not there productivity would be drooped. This would be useful in small organisation but when it is expanding this type of leadership style would not be useful. But on other hand workers would work for the manager in democratic style of a leader. However when employers are unskilled and employees being skilled laissez - faire type of leaders
There are plenty of troubles, bottlenecks and roadblocks when managing an Organisation. But with correct guidance and leadership it could drive towards success and a person who successfully and effectively carrying out that task is identified as a leader. Strategic Management is all about utilising the Organisational resources more efficiently and effectively where as Leader would bring all people to achieve common objective of the Organisation. Leaders being visionaries could guide the human resource of an organisation to achieve Organisational goals where managers could make the guidelines to achieving these objectives. Since there is an Strategy and Cleary laid Organisational plans both these two functions could assist Organisation in achieving their common goals with proper planning and executing the business plans (Brighton School of Business and Management, 2017).
1.2 Analyse the impact of Management and Leadership styles on strategic decisions. Leadership is depends on Person, People and process which we called as 3 P's. Figure 2 - Leadership in Person, People and Process (3 …show more content…
There are thee main Leadership styles called autocratic, democratic and laissez - faire. Autocratic leaders instruct workers on what to do where as democratic leader encourage team work and sharing and always listen to the employees. laissez - faire are not born leaders where they help when they were requested. One needs to understand himself which type of leader himself adopting it to the Organization.
Identify the Pros and cons of each of these styles. Autocratic leaders brings productivity up but his presence is vital to achieve that. If he is not there productivity would be drooped. This would be useful in small organisation but when it is expanding this type of leadership style would not be useful. But on other hand workers would work for the manager in democratic style of a leader. However when employers are unskilled and employees being skilled laissez - faire type of leaders