Link Between Strategic Management & Leadership
Executive Summary
The study reveals the link between the strategic management and the leadership. Strategic decisions are crucial for the growth and development of any organization and vary according to different management and different leadership styles. It also evaluates the utility of different leadership styles in context of different situations. Different theories of management and leadership are also evaluated in this report with regard to their impact on strategy of an organization. It is also concluded in the end that in the given scenario what should have been the approach of the leadership for the strategic decisions and the recommendations are made accordingly.
Introduction
“Since change is the function of leadership, being able to generate highly energized behavior is important for coping with the inevitable barriers to change. Just as direction setting identifies an appropriate path for movement and just as effective alignment gets people moving down the path, successful motivation ensures that they will have the energy to overcome obstacle.”
-John P. Kotter
The basic difference between managers and leaders is that managers don’t accept any change rather they believe in stability but leaders are supposed to bring changes. A leader has strategy and vision while a manager has plans and he executes his plans.(Kotter, 1990). As it is obvious from the given scenario that Dan J. was not able to handle challenges which his Printing Company encountered due to rapid change in technologies, competitive market, increasing expenses and pressure of pricing. He was working more like a manager, specifically store manager, than a leader. (Griffin , R. W. 1999).
Dan J as he is popularly known was the owner of a Printing Company in the Twin Cities. The term Twin Cities in the United States refers specifically to the cities Minneapolis and Saint Paul, both of which are in the mid western state of Minnesota. Lastly Dan j. took the services of C.M. Perme &
The study reveals the link between the strategic management and the leadership. Strategic decisions are crucial for the growth and development of any organization and vary according to different management and different leadership styles. It also evaluates the utility of different leadership styles in context of different situations. Different theories of management and leadership are also evaluated in this report with regard to their impact on strategy of an organization. It is also concluded in the end that in the given scenario what should have been the approach of the leadership for the strategic decisions and the recommendations are made accordingly.
Introduction
“Since change is the function of leadership, being able to generate highly energized behavior is important for coping with the inevitable barriers to change. Just as direction setting identifies an appropriate path for movement and just as effective alignment gets people moving down the path, successful motivation ensures that they will have the energy to overcome obstacle.”
-John P. Kotter
The basic difference between managers and leaders is that managers don’t accept any change rather they believe in stability but leaders are supposed to bring changes. A leader has strategy and vision while a manager has plans and he executes his plans.(Kotter, 1990). As it is obvious from the given scenario that Dan J. was not able to handle challenges which his Printing Company encountered due to rapid change in technologies, competitive market, increasing expenses and pressure of pricing. He was working more like a manager, specifically store manager, than a leader. (Griffin , R. W. 1999).
Dan J as he is popularly known was the owner of a Printing Company in the Twin Cities. The term Twin Cities in the United States refers specifically to the cities Minneapolis and Saint Paul, both of which are in the mid western state of Minnesota. Lastly Dan j. took the services of C.M. Perme &