Strategic leadership - Essay Example

Comments (0) Cite this document
Exact Online software was created due to creative thinking, which was expected to have an impact on the way businesses operated. The company’s earlier…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
Strategic leadership
Read TextPreview

Extract of sample "Strategic leadership"

Download file to see previous pages e analysis of the practical facts, and thorough testing of the theories presented, which provides a realistic situation on the ground; thus preventing the development of products that may not be well received by customers as earlier perceived.
Through creative thinking, it was envisioned that the Exact Online software would be crucial to the operations of the business. Since it was perceived to be a feasible idea and an innovative product, market research was not conducted to determine the customer’s requirements and views. Thus, a decision was drawn without sound argumentation of the facts present, and no justification was made to verify if the idea could work.
According to de Wit and Meyer (2010), the manager uses his intuition based on his experience in the industry. This intuition gave the bigger picture of how the product would have an impact on business, and consequently, the profit margins of the company. The board bought the idea and made a conclusion without having a rigorous analysis, which increased the speed of implementation of the idea and its subsequent production. However, the decision for the product production did not have feasible impact, because it did not capture what the customer wanted, thus the lukewarm attitude towards the product.
Prior analysis of the product would have had a different outcome on the performance of the Exact Online software in the market. This is one of the points of tension, since market research and subsequent analysis would have brought out the market expectations of the product. Consequently, an appropriate decision would have been drawn based on these facts and arguments and not solely on intuition. Intuition only focuses on the qualitative information such as the presumed impact of the product and the eventual profits the company would make. This show that intuition can lead to new, innovative product, which if not well research on can lead to negative ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Strategic leadership Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Strategic leadership Essay Example | Topics and Well Written Essays - 500 words. Retrieved from
(Strategic Leadership Essay Example | Topics and Well Written Essays - 500 Words)
Strategic Leadership Essay Example | Topics and Well Written Essays - 500 Words.
“Strategic Leadership Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Strategic leadership

Strategic Leadership

...Strategic Leadership Introduction In the organisation, because of its modern day dynamics and inter-linked internal divisional structure, the organisation requires leadership that can maintain knowledge of current business operations and finance. At the same time, the organisation requires a forward-thinking, authoritarian practitioner who can develop successful future-based policies that guide the organisation toward success, expansion and profitability. This is the heart of strategic leadership: An individual or group that surveys the current business environment, compares its structure and performance to external forces, and develops a mission or...
16 Pages(4000 words)Essay


...? STRATEGIC LEADERSHIP by 18 March Strategic Leadership Introduction The latter half of the 20th century witnessed the rapid surge in interest toward the effects of gender and emotional intelligence on leadership styles. With the broad movement towards gender equity in organizations and the growing role of multiple intelligences in the analysis of organizational transformations, leadership style became one of the most important and interesting objects of gender and EI analysis. At the beginning of the 20th century, IQ tests had been considered as the most valid measure of individual intelligence and potential to achieve success in life (Mandell & Pherwani 2003). However, IQ could not reflect the emotional and situational factors... ...
10 Pages(2500 words)Essay

Strategic Leadership

...? Strategic Leadership and Management May 10, Leadership and management are relevant to the military environment. The research focuses on the leadership qualities of generals. The research focuses on the management qualities of generals. With the lives of thousands of soldiers at stake, generals should be good leaders and managers of their two major military assets, equipments and soldiers. Question 1 Military’s role in defining national interest and military objectives in war. Sun Tzu. Gerald Michaelson1 emphasized that Sun Tzu’s focus on national interest and military objects in the war is focused on several principles. One of Sun Tzu’s principles states “since the...
14 Pages(3500 words)Assignment

Case Study - Strategic Leadership

... Intel’s strategy in dynamic random access memory (DRAMS) was to capitalise on product design whereby it will be seen as the first to market newest products in the market. Its products were unique in that they were very complex in the technology that was used in their manufacturing. The organisation triumphed on introducing devices and process technology that was ahead of competition and would attract premium prices. The dramatic decline in Intel’s market share in DRAM market from 1974 to 1984 can be attributed to the emergency of Japanese competitors who rapidly introduced products against the backdrop of the shrinking product life cycle for DRAMS. The Japanese manufacturers of DRAMS had a strategy of investing in manufacturing... Intel’s...
5 Pages(1250 words)Case Study

Strategic leadership

...? Strategic leadership Answer of question no The first step that is required to survive and grow in a fast food industry is expansion through franchising. The high cost of opening new stores and the need to expand rapidly to take the control over the territory is the reason behind a company’s option of choosing a franchise for the expansion. Moreover franchise allows companies to enjoy the operating economies of scale in advertisement of the product and also in purchasing the raw materials needed for manufacturing the product. With the expansion and maturity of the franchise the chain managements often buy them or became interested in opening own stores for themselves which help in gaining a better understanding and controlling... on...
8 Pages(2000 words)Case Study

Strategic leadership

...? STRATEGIC LEADERSHIP No Lecturer) & Introduction Change means to make a particular thingor situation different. Additionally, it is always present with us, whereas change management refers to a process that is often carried out to change the organisation’s structure, direction and capabilities (Paton & McCalman, 2008). For organizations to carry out changes in their firm, it’s bound to embark on intricate reforms with progressive pace, efficiency and success, so as to acquire a competitive edge in the long run. Sometimes the organization change management can cause failures in the company due to deficiencies. Essentially the level to which an organization can develop effective consensus, manage the...
3 Pages(750 words)Essay

Strategic leadership

...? Strategic Leadership The success of any company is dependent on the framework it puts in place for the successful implementation of the plans it designs to dictate who will do a specific activity and how they ought to do it. This requires a lot of monitoring and assessment of the progress and continuity of the operations of the company to ensure that the employees implement all the plans according to specific timelines and meet both the financial demands and the quality standards. In the process of delivery of services, all stakeholders should be involved actively in carrying out each role without causing delays or failures in the whole system of operation in the company (Baisya, 2010, p.4-7). These...
8 Pages(2000 words)Essay

Strategic Leadership

...Research statistics and experience has proven that it is impossible for an organization or bisuness to advance, expand or grow, if there is no clear cut vison or direction other wise known as strategic leadership. According to an article published in 2006 by the center for management and organization effectiveness [CMOE] team, strategic leadership is very important to organizations and “it is nothing more than the ability to anticipate and get positioned for the future. The ability to mobilize and focus resources and energy on things that make a difference and will position you for success in the future“. From the above definition or explanation, real strategic leadership therefore means taking responsibility for the future... but not...
2 Pages(500 words)Essay

Strategic Leadership

...Strategic Leadership: Downfall at Xerox Introduction People constitute an organization’s most important and vital factor in its success or failure. Unlike material and financial assets, human resources, by their nature, are highly dynamic and elusive, defying foolproof quantitative analysis and predictability. The challenge of management is not so much in its money, machines, methods, or markets, but in its people. The role of leaders is critical in the creation of an environment for performance. They integrate tasks, structure, technology, resources, and people into a productive configuration. They achieve goals through the efforts of other people. They have to influence the behavior of other people in order to get things done... . The...
20 Pages(5000 words)Essay

Strategic Leadership

...Strategic Leadership Strategic controls are essential components of the strategy implementation process that enable management to monitor, track and evaluate the effectiveness of strategic plans, which have been implement by the company to allow for improvement or adjustment (Hitt, Ireland & Hoskisson, 2012). For instance, management can observe employees, activities or the workplace once new strategies have been implement to determine their effectiveness (Bert, n.d.). On the other hand financial controls are critical components of a company’s financial system, which ensure the resources of the company are correctly and effectively being used and activities are being...
1 Pages(250 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Strategic leadership for FREE!

Contact Us