This paper intends to discuss the significance of leadership and strategic management in the life and progress of an organization. Before going into the niceties of strategic management and leadership skills, let’s first get to understand what these concepts actually are…
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This project stresses that a leader will verify that the salaries are being paid in time; will pursue a system of rewards and bonuses; and, will listen to the employees’ troubles and will try to remove them. This will keep them working at high competence. The leader will make agreements with business partners while respecting their decisions. This confidence between the partners makes the organization grow and maintains its integrity. A leader will know how to schedule his projects keeping in mind the time frame and instructs the team to manage their work schedules accordingly. From the report it is clear that the goal of leadership is to make the new comers follow the way the leaders work and behave in the organization. The leaders should show such an attitude at the workplace that would inspire others to follow their directions. The ultimate goal of the leadership is to create such teams that work effectively to produce greater results. The most important thing is consideration about internal and external communication. If leaders want that employees participate in a vigorous collaborative environment where they interrelate with each other in a better way to share their ideas and information, they would have to take steps to improve their communication with their workers, listen to their problems, talk to them and work out their issues. Workers will automatically start following them and the overall organizational culture will improve. This is the transformational leadership. (Brown & Travino, 2006) actually in which the leaders produce such an effect on their subordinates that they inflict a “transforming effect” on them thus producing “sweeping changes in organizations and societies” (Priyabhasini & Krishnan, 2005, p.1).
Strategic management is the process of determining goals and objectives while recognizing roles and responsibilities and meeting deadlines. It involves the
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“Developing Strategic Management and Leadership Skills Essay”, n.d. https://studentshare.org/management/1412613-developing-strategic-management-and-leadership.
The researcher of this essay aims to pay special attention to Business Management Theory in Organizations. The current research is being carried out to evaluate and present Meeting Strategic Objectives in Business Management, Styles of Business Management and Adapting Management to Situational Challenges.
Strategic Management and Leadership Introduction Strategic management used to analyze the key initiatives taken by the top management of the organizations on behalf of owners that involves performances and resources of external environments (Williamson, Cooke and Jenkins, 2004).
This paper, reviews some of my personal management, leadership and team role skills. The purpose of this review is to determine if I posses the skills that are necessary to enable me to get recruited for a job. This review will also enable me to ascertain if there are any vital management and leadership skills that I need to develop further in order to be more suited for the job market.
Some effects of this latest crisis included massive job lose, collapse of financial institutions, massive bailouts to banks by governments, dip in stock markets and significant closure of businesses. The outcome of this crisis has elicited debate for new leadership styles.
Developing Leadership Skills In my opinion, leadership is the ability to influence people to come together towards a common goal without forcefully coercing them into action. A good leader influences action by understanding the mindset of his subordinates and knowing how best to coordinate them towards achieving goals (Northouse 17).
This challenge for public sector organizations is further intensified with the globalization phenomenon that has made the access to a country's internal economy activity a easy one, through free trade doctrine. Thus, there is an increase in organizational cross border transaction.
Therefore developing a flexible, organic organization where employees are empowered and professional includes examining what kinds of leadership and management strategies will develop changes and set innovative goals with reachable and rewarding challenges implemented by the vision of change.
The author states that management skills comprise of certain sets of actions that people act upon resulting in specific outcomes. On the other hand, skills may be observed by other people, unlike features that are entirely mental or are entrenched in personality. There are noticeable features in efficient skill performance.
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