Leadership and Strategy - 1766 Words

Introduction Strategic management covers enterprise wide strategy formulation, implementation and evaluation. It emphasizes sustained wellbeing of organizations. Why? According to Thomas and Strickland (1996) strategic management a) Provides guidance to the entire organization on the crucial point of what it is we are trying to do and achieve b) Make managers more alert to the winds of change, new opportunities and threatening developments c) Providing managers with a rationale for evaluating competing budget requests for investment capital and new staff – a rationale that argues strongly for steering resources into Strategy –supportive, results producing areas d) Helping to unify the numerous strategy-related decisions†¦show more content†¦Following are the main roles of a leader in an organization : 1. Required at all levels- Leadership is a function which is important at all levels of management. In the top level, it is important for getting co-operation in formulation of plans and policies. In the middle and lower level, it is required for interpretation and execution of plans and programs framed by the top management. Leadership can be exercised through guidance and counseling of the subordinates at the time of execution of plans. 2. Representative of the organization- A leader, i.e., a manager is said to be the representative of the enterprise. He has to represent the concern at seminars, conferences, general meetings, etc. His role is to communicate the rationale of the enterprise to outside public. He is also representative of the own department which he leads. | | 3 . Integrates and reconciles the personal goals with organizational goals- A leader through leadership traits helps in reconciling/ integrating the personal goals of the employees with the organizational goals. He is trying to co-ordinate the efforts of people towards a common purpose and thereby achieves objectives. This can be done only if he can influence and get willing co-operation and urge to accomplish the objectives. 4. He solicits support- A leader is a manager and besides that he is a person who entertains and invites support and co- operation of subordinates. This he can do by hisShow MoreRelatedLeadership Strategies1652 Words   |  7 PagesLeadership Strategies 1) Introduction (brief description of your Scenario) Our company has been in business for more than ten years now. As an organization, we have had our fair share of success and obstacles, but all in all success has had the bigger share. In all the cases, we have increased our efforts to specialize in our respective field and take it to an entirely new level (Hood, 2007). 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