Role of Management
Task 1:
What is the Link between strategic management and leadership?
Link Between Strategic Management & Leadership
“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.”
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).
As John P. Kotter suggested that the change is the function of leadership and strategic decisions means decisions leading to substantial changes in management processes. Hence, Strategic Management and Leadership are closely related or in other words, inseparable. In fact, the terms leadership and strategic management are interchangeable because a leader performs key function like initiating, planning, supporting, controlling, evaluating, etc. Their other responsibilities include building, developing maintaining a team and achieving a common goal by keeping the individual member of the team motivated. (Griffin , R. W. 1999).
“As strategic leaders, top level managers must guide the firm in a ways that result in formation of strategic intent and strategic mission. This guidance may lead to goals that stretch everyone in the organization to improve their performance.”
- Griffin
What is the Link between strategic management and leadership?
Link Between Strategic Management & Leadership
“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.”
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).
As John P. Kotter suggested that the change is the function of leadership and strategic decisions means decisions leading to substantial changes in management processes. Hence, Strategic Management and Leadership are closely related or in other words, inseparable. In fact, the terms leadership and strategic management are interchangeable because a leader performs key function like initiating, planning, supporting, controlling, evaluating, etc. Their other responsibilities include building, developing maintaining a team and achieving a common goal by keeping the individual member of the team motivated. (Griffin , R. W. 1999).
“As strategic leaders, top level managers must guide the firm in a ways that result in formation of strategic intent and strategic mission. This guidance may lead to goals that stretch everyone in the organization to improve their performance.”
- Griffin
References: Griffin , R. W. 1999. Management. (6th ed.). Boston, MA: Houghton 2. John Adair, 2010. Effective strategic leadership; the complete guide to strategic management. Oxford, Pan books. 3. Kotter J. P. 1995. Leading change 4. Richard L.H. and Katherine C. B. 2005. Becoming a Strategic Leader, Jossy-Bass Publisher, USA 5. Roger I.D,, Hitt M.A., Camp S.M. and Lexton D.L., 2009. Integrating entrepreneurship and strategic management actions to create firm wealth, Academy of management executive, Vol. 11 (3)