Critical Concept of Strategic Leadership

In: Business and Management

Submitted By Boune
Words 3909
Pages 16
Strategic Leadership

Critically evaluate the concept of strategic leadership |

Introduction
Every business, especially within our current and very intricate global settings, is subject of an extremely challenging venture in terms of features which may influence the function of an organisation (Hakansson and Snehota, 1995; Yli-Renko and Autio, 1998). The achievement or an eventual fiasco of a business is ascribed to these features (Gulati et al., 2000; Möller and Rajala, 2007). Therefore, strategic leaders aptitudes ought to be advanced perpetually and accurately in order to prepare them to face todays challenges as they might be eventually harder in the forthcoming (Hitt et al., 2009). Within the context a lucrative organisation, it is clearly acknowledge that the organisation ought to attempt and reach the level of customers’ contentment in order to be on top of the industry competition as well as generating benefits. In this way, to be capable to achieve its corporate objectives, the management of actual organisation must be directed by the principle of strategic leadership.
Principally, the core intention of this paper is to critically evaluate the concept of strategic leadership. In this, possible advantages and restrictions of the execution of strategic leadership will be argued by the author of this paper. Moreover, this paper will attempt to provide a number of understanding information regarding the basic features of strategic leadership for instance strategic analysis, strategic choice and implementation and will provide various consistent aspects of these features. To finish, an analysis of two key themes of leadership i.e. transformational leadership and political leadership on the way leaders might lead change in an organisation will be assessed in the second part of this paper.
The Concept of Strategic Leadership
According to Michael W.…...

Similar Documents

Critical Evaluation of Positioning Concept

...Critical Appraisal of 10 References 1.1 Butt, I., Kumar, U., Kumar, V. 2009. “Achieving alignment between manufacturing and marketing through strategy.” Indian Journal of Economics and Business. p83 http://0-go.galegroup.com.prospero.murdoch.edu.au/ps/i.do?action=interpret&id=GALE%7CA280093139&v=2.1&u=murdoch&it=r&p=AONE&sw=w&authCount=1 (accessed September 27, 2012). Summary: This article indicates that the competitive capability and success of a firm is directly linked to the manufacturing strategy and marketing objectives; which are inadvertently linked by understanding market requirements. It described positioning as the backbone of a business plan also used to combat competition in the market. Critical Evaluation: The positioning conceptual framework proposed in this article is crucial for manufacturing firm’s success. The set variables identified in the concept work in harmony and the organization’s performance are also measured and discussed. Rating: 3 out of 5 1.2 Landow, Y., 2012. “A Brand Positioning Nightmare.” Pharmaceutical Executive 32 (6): 60 – 62. http://0-search.proquest.com.prospero.murdoch.edu.au/docview/1041092781 (accessed on September 27, 2012). Summary: This article talks about a drug that has received a new indication within a short period of time and how the brand director approached an action plan to help the drug thrive in multiple targets with different needs and mindsets. Critical Evaluation: The situation in this article is......

Words: 1218 - Pages: 5

Strategic Concept

...Strategic Management Concepts lthough the term “strategic management” is bantered around a lot in the businesses world, it is not understood very well by most people. Essentially strategic management answers the questions of “where do you want your business to go” (goals), “how is your business going to get there” (strategy) and “how will you know when you get there” (evaluation). A strategic management analogy is taking a trip during your vacation. First you decide where you want to go – the natural beauty of Yellowstone or the bright lights of Las Vegas. Then you develop a strategy of how to get there – take an airplane (which flights), drive your car (which highways), etc. This will be influenced by the amount of money, time and other resources you have available. Then you monitor your trip to see if your strategy takes you to your destination and how your strategy worked (missed flights, poor road conditions, etc.). Below are concepts to help expand your understand of strategic management for a business. These will help sharpen your focus for using Strategic Management for a Value-added Farm Business. 1) Strategic management involves deciding what is important for the long-range success of your business and focusing on it. 2) Strategic management asks, “How should I position my business to meet management and business goals?” 3) A business strategy is a series of business decisions that lead to achieving a business goal. 4) Strategic management involves the “big picture”...

Words: 463 - Pages: 2

Critical Analysis of a Strategic Leader

...Critical Analysis of a SE Strategic Leader Student: Cheryl Jacob Module: Personal and Strategic Leadership Lecturer: Anton Roodt Due Date: 15 April 2013 This serves to confirm that I understand what plagiarism is, that the content herein is my own work, and that all sources used have been referenced. This document is considered confidential and no unauthorized use of any information contained herein is permitted. 15 April 2013 Table of Contents 1.Executive Summary 3 2.Introduction 4 3.Backgroundto Elaine Hagos 4 4.Method of Analysis 5 5.Critical Analysis 5 5.1 Personal Leadership Philosophy 5 5.2 The 7 Principles of a Transformational Leader 6 5.3 Track Record of a Transformational Leader 7 5.4 The Transformational Leaders Objective 8 5.5 The Qualities of a Transformational Leader 8 5.6 Preferred SE Leadership Model 9 6. Strategic Leadership Challenges for SE in South Africa 9 7. Recommendations for high performance SE Strategic Leadership Development 10 8. References 11 Appendix A 12 Appendix B 14 1. Executive Summary The following document is a critical analysis of Elaine Hagos’ strategic leadership approach to the Water, Health and Livelihoods (WHELL) Programme which was managed by Care International and implemented through partnerships with local nongovernmental organizations in Bushbuckridge, South......

Words: 6451 - Pages: 26

Strategic Management and Cost Management Concepts

...John Molson School of Business Strategic Management and Cost Management Concepts April 8, 2010 Section G Table of Contents Introduction 2 1. Overview of Cost Management and Strategy 3 2. Implementing Strategy 5 3. Basic Concepts 10 Conclusion 14 References 15 Appendix I: Product & Period Costs 18 Appendix 2: Balanced Scorecard 19 Companies are constantly trying to improve their business and the quality of their products. While Marketing and Operations Management are two departments that aid in improving a company’s business, the accounting department plays a major role in this transformation as well. Considering the managerial aspect of accounting, a lot of what it takes to improving ones business is cost management and strategy. Strategic and cost management are essential to any business as they provide the foundation for determining problems and improving quality. Strategic and cost management concepts can be broken down into three parts: the overview of strategies that can be used, the ways to implement these strategies and the cost concepts that can be used to manage costs. 1. Overview of Cost Management and Strategy There are several cost and strategic techniques that can be used to improve a company’s overall position. These techniques, however, are within broader topics, such as the business environment, management techniques and competitive strategy. Firstly, a changing...

Words: 3143 - Pages: 13

Strategic Leadership

...challenging environment which is competitive and filled with changes. In order to improve the performance and success in this environment, organizations would need effective strategic leadership. It has also found that in the last few years, there have been explicit contributions from researches which help the managers to adapt today’s business environment by understanding and implementing the strategic leadership (Mary et al, 2008). This paper will discuss strategic leadership by introducing the definition of the strategic leadership as a start. The paper will then analyse what does the strategic leadership mean to the organizations and explain why organizations need strategic leadership in three angles: the change of business environment; the inadequacy of traditional management role for organizations; the importance of strategic leadership in terms of organizations’ strategy implementation. Furthermore, this paper will discuss three implications that the strategic leadership could bring to organizations from the perspectives of: stakeholder, business culture and globalization, respectively. The paper will also give examples for each implication to illustrate why organizations would be benefit from good strategic leadership from all the three perspectives. What is the strategic leadership? The strategic leadership, as defined by Ireland & Hitt (2005, p. 63) which has been popularly used in many academic papers, is “a person's ability to anticipate, envision,......

Words: 2344 - Pages: 10

Concept of Leadership

...DEVELOPMENTAL LEADERSHIP PROGRAM Background Paper 04 Conceptions of Leadership Heather Lyne de Ver March 2009 www.dlprog.org DLP Leaders, Elites and Coalitions Policy and Practice for Developmental DEVELOPMENTAL LEADERSHIP PROGRAM The Developmental Leadership Program (DLP) is an international policy initiative informed by targeted research and directed by an independent steering committee. DLP is supported by a global network of partners and currently receives its core funding from the Australian aid program. The views expressed in this publication are those of the author(s) and do not necessarily represent those of the Australian Government or any of DLP’s other partner organisations. 3 04 Conceptions of Leadership Heather Lyne de Ver Introduction1 There is now a wide recognition in the international community that ‘leadership matters’ for growth and development, just as there was recognition some years ago that ‘institutions matter’.2 But what is ‘leadership’? How is it defined and can there be universal understandings and application of the concept? Leadership is a concept which is often talked about, and which has generated a proliferation of literature, especially in the field of management and organizational science (Jones, 2005: 259). However, despite the almost unanimous agreement on the importance of leadership for the success of private sector organizations and institutions, and the countless works on the concept, “the field......

Words: 5268 - Pages: 22

Leadership Concepts

...Leadership Concepts Joy Daniels MMPBL 520 – Transformational Leadership January 10, 2011 Instructor – Rick Johnson Leadership Concepts Google Inc. is an American corporation that offers internet search engines, public media, and advertising. Google brings in its revenue mainly from its advertising online and in emails. Google has made most of it money in recent years with revenues reaching up to $23 billion in 2009 (Google Inc., 2010). “Knowledge management is any structured activity that improves an organization’s capacity to acquire, share, and use knowledge in ways that improve its survival and success. The knowledge that resides in an organization is called its intellectual capital, which is the sum of everything that an organization knows that gives it competitive advantage—including its human capital, structural capital, and relationship capital” (McShane & Von Glinow, 2005, p. 23). Eric Schmidt is the company’s chairman and CEO who has been a key figure to the company’s success by capturing the knowledge management into his leadership style. The leadership at Google is responsible for the innovation seen within its employees. Eric Schmidt feels that the future of this company can be dictated by its culture. There is not really a five year plan as stated by Mr. Schmidt (Carlson, 2009). Employees are given the opportunity for a more flexible schedule being that they are able to choose the projects that best interest them. As a result this......

Words: 1254 - Pages: 6

Strategic Leadership

... Strategic Leadership Change Initiative James Rothaar February 23, 2013 I am a content producer and a senior staff writer for a digital luxury-lifestyle magazine called JustLuxe.com. As a content producer, I curate content and produce a daily-news section within the website that is called the DailyLuxe. I also write feature articles for the publication. There are 40 categories of topics that the publication covers. The online magazine-styled website is geared toward an upscale audience. The company, which began in 2004, is privately owned and receives nearly 2 million visitors on a monthly basis. The number of monthly visitors to the website has grown tenfold from 2004 to 2012. I have worked with JustLuxe since 2005 and have written more content than any writer for it. My goal is to upgrade the quality of the content and to improve the working conditions for the editorial team of JustLuxe. The objectives would be achieved by providing more support for the group via a realignment of the department, more documentation on the expectations of employees, and a proactive leadership. The publication, JustLuxe, was built with a mixture of advertising and the appropriate content for the readership of the magazine. Over the past year, it has become apparent that the content needs to be upgraded to maximize the promotional budget. Previously, there was a direct relationship between advertising dollars spent per month and the total number of......

Words: 1083 - Pages: 5

Strategic Leadership

...Anticipate Most organizations and leaders are poor at detecting ambiguous threats and opportunities on the periphery of their business. Coors executives, famously, were late seeing the trend toward low-carb beers. Lego management missed the electronic revolution in toys and gaming. Strategic leaders, in contrast, are constantly vigilant, honing their ability to anticipate by scanning the environment for signals of change. We worked with a CEO named Mike who had built his reputation as a turnaround wizard in heavy manufacturing businesses. He was terrific at reacting to crises and fixing them. After he’d worked his magic in one particular crisis, Mike’s company enjoyed a bump in growth, fueled in part by an up cycle. But after the cycle had peaked, demand abruptly softened, catching Mike off guard. More of the same in a down market wasn’t going to work. Mike needed to consider various scenarios and gather better information from diverse sources in order to anticipate where his industry was headed. We showed Mike and his team members how to pick up weak signals from both inside and outside the organization. They worked to develop broader networks and to take the perspective of customers, competitors, and partners. More alert to opportunities outside the core business, Mike and the team diversified their product portfolio and acquired a company in an adjacent market where demand was higher and less susceptible to boom-and-bust cycles. To improve your ability......

Words: 1888 - Pages: 8

Strategic Leadership

...Strategic Leadership and Decision Making 16 ORGANIZATIONAL CULTURE One of the primary responsibilities of strategic leaders is to create and maintain the organizational characteristics that reward and encourage collective effort. Perhaps the most fundamental of these is organizational culture. But what do we really mean by organizational culture? What influence does it have on an organization? How does one go about building, influencing or changing an organization's culture? THE IMPACT OF CULTURE Why is culture so important to an organization? Edgar Schein, an MIT Professor of Management and author of Organizational Culture and Leadership: A Dynamic View, suggests that an organization's culture develops to help it cope with its environment. Today, organizational leaders are confronted with many complex issues during their attempts to generate organizational achievement in VUCA environments. A leader's success will depend, to a great extent, upon understanding organizational culture. Schein contends that many of the problems confronting leaders can be traced to their inability to analyze and evaluate organizational cultures. Many leaders, when trying to implement new strategies or a strategic plan leading to a new vision, will discover that their strategies will fail if they are inconsistent with the organization's culture. A CEO, SES, political appointee, or flag officer who comes into an organization prepared to "shake the place up" and institute sweeping......

Words: 5029 - Pages: 21

Strategic Leadership

...Strategic Leadership In An Organizational Change Process Management Essay 10/12/15 13:51 Strategic Leadership In An Organizational Change Process Management Essay The following essay will critically discuss the role of strategic leadership in an organizational change process using relevant theories and example. The objective of this paper is to come up with a solution of the many challenges that occur in the process of organizational change through implementing proper leadership. Organizational change refers to a situation whereby an organization adopts a new strategy in the way it carries out its activities and management for better or removes a major section or an operational department (McNamara, 2011). Strategic leadership on the other hand refers to the implementation of strategies in the management of workers in any organization. Organizations always go through change, at times gradual and other times drastic throughout their normal life cycle whereby organizational leaders may create change driving forces within the organization. For example, radical changes may take place in an organization leading to structural transformation through which organizations attempt to revitalize business orientations through changing the reporting structure. Other changes, for instance, merger and acquisition, transforming the top management of an organization, reorganization and restructuring of the company may affect the organization culture and processes. Most of......

Words: 4516 - Pages: 19

Strategic Leadership

...HBR.ORG Managing Yourself January–February 2013 reprinT R1301L Strategic Leadership: The Essential Skills by Paul J.H. Schoemaker, Steve Krupp, and Samantha Howland For article reprints call 800-988-0886 or 617-783-7500, or visit hbr.org Managing yourself Strategic Leadership: The Essential Skills by Paul J.H. Schoemaker, Steve Krupp, and Samantha Howland Illustration: Kelly Blair T he storied British banker and financier Nathan Rothschild noted that great fortunes are made when cannonballs fall in the harbor, not when violins play in the ballroom. Rothschild understood that the more unpredictable the environment, the greater the opportunity—if you have the leadership skills to capitalize on it. Through research at the Wharton School and at our consulting firm involving more than 20,000 executives to date, we have identified six skills that, when mastered and used in concert, allow leaders to think strategically and navigate the unknown effectively: the abilities to anticipate, challenge, interpret, decide, align, and learn. Each has received attention in the leadership literature, but usually in isolation and seldom in the special context of high stakes and deep uncertainty that can make or break both companies and careers. This article describes the six skills in detail. An adaptive strategic leader—someone who is both resolute and flexible, persistent in the face of setbacks but also able to react......

Words: 2833 - Pages: 12

Strategic Leadership

...The year 2004, place a dorm room at Harvard University; a twenty-year-old college dropout by the name of Mark Zuckerberg revolutionized social media. He achieved this by merging businesses and consumers worldwide. Through his deeply root passion for technology, his strongly belief in employee empowerment, alone with his dedication to his product Mark has been able to formulate partnership through strategic leadership. The conception of Mark’s mission statement was based on his passion to communication through technology. His dream was to connect people to each other around the world. His vision also included making communication more efficient which caused a shift in society. It changed everyday communication by uniting individuals through a virtual platform. The examples given have proven that Mark has a clear purpose and vision. Mission Statement clearly defined enables employees to make decisions with limit management input. Promoting individuality within the company has proven to be very efficient as working as a team. He encourages employees to think outside the box in a semi-restricted work place, which promotes creative. He has constructed a very intense interview process for selected employee a rigorist training programs follows. His attention is on the people and highly encourages suggestions. The uses human capital has become an asset to the company. His deep conviction of his product has set the standards for society networking. These beliefs have also...

Words: 509 - Pages: 3

Strategic Leadership

...George Jones Strategic Leadership January 11th, 2016 Strategic leadership is about changing an association through its visions, values, culture and atmosphere, as well as structure and frameworks. Leading strategically involves discovering the few key things an organization needs to do well and can do well. It’s also essential is making the conditions expected to act on the whole on the ramifications of that revelation. To do this, associations need to comprehend technique as a learning process. The reason for key authority, then, is to drive associations to end up constant learning motors. Strategic leaders are the individuals who ceaselessly create and find methodology and hold it in a progressing condition of detailing, usage, reassessment and amendment. Vital authority requires an unmistakable comprehension of the aggressive circumstance confronting your association. This includes gathering and translating data about the association's outer surroundings and its interior reality. Vital pioneers need to comprehend the talked and implicit society of the association and its initiative. Analyze your vision, mission and values. Envision the organization ten or a quarter century into the future and then take the gap from that projection and go about how you should succeed. Key administration requires a proceeding with evaluation of your association's viability. This includes taking a gander at markers of current execution contrasted and expected execution. Are......

Words: 496 - Pages: 2

Strategic Leadership

...Strategic leadership provides the vision and direction for the growth and success of an organization. To successfully deal with change, all executives need the skills and tools for both strategy formulation and implementation. Managing change and ambiguity requires strategic leaders who not only provide a sense of direction, but who can also build ownership and alignment within their organisation to implement change. [edit] Processes Building prepared minds on a large scale is critical for companies needing to reset the strategic direction and transform the organization. Getting employees pointed in the right direction with the ability to learn and adapt concurrently helps ensure the strategy will deliver what leaders are looking for. Success requires a different way of thinking about how to marshal the resources of the organization to formulate and execute strategy. This way of thinking balances a focused analytical perspective with the human dimension of strategy making (as documented by the Park Li Group). These practices, coupled with a commitment of management time to engage the entire business in a strategy dialogue, lay the foundation for building winning organizations that can define, commit, adjust and adapt strategy quickly[3]. [edit] Strategy execution The analytical dimension and the human dimension Leaders face the continuing challenge of how they can meet the expectations of those who placed them there. Addressing these expectations usually takes the form......

Words: 3761 - Pages: 16