THE ROLE OF LEADERSHIP IN STRATEGIC MANAGEMENT

 THE ROLE OF LEADERSHIP IN STRATEGIC MANAGEMENT
 


1. Introduction                                                                                                                                          Irrespective of time as well as position, leaders are able to contribute significantly in the way how a firm functions its activities. Leadership which has effective strategies can work as the fundamental basis for fruitfully employing the strategic management process. Leaders who follow strategies are able to expedite the growth of suitable strategic activities, and they specify the ways to enforce them. These actions work as gateways to higher-average outcomes and strategic competitiveness. Leaders who work in different institutions are fully conscious about the requirement to chalk out the plan strategically for the future of their organizations and take part in the effective enactment regarding these well-planned schemes(Venohr, 2007).

In strategic management leader perform the various roles. It introduces the environment for change. Secondly it creates the leadership team by selecting key players from the organization by breaking down the current hierarchy at third stage it formulates the vision and strategy by the help of a visionary process that clarify the strategy for understanding of whole organization (Moesia, 2007). Then leadership creates an evaluation system that evaluates the strategy at every stage of the work within the organization. Finally, it helps to change the culture which facilitates the strategic management (Venohr, 2007).     

                                                                                              


 Strategic Leadersip Style available onhttps://www.youtube.com/watch?v=qZPXcKGO-AE

2. What is the Role of Leadership in Strategy Management?

In strategic management leader perform the various roles. It introduces the environment for change. Secondly it creates the leadership team by selecting key players from the organization by breaking down the current hierarchy at third stage it formulates the vision and strategy by the help of a visionary process that clarify the strategy for understanding of whole organization (Moesia, 2007). Then leadership creates an evaluation system that evaluates the strategy at every stage of the work within the organization. Finally, it helps to change the culture which facilitates the strategic management (Venohr & Meyer, 2007).

 3. How Leadership Works in Strategy Management                                                                            Leadership has a significant role play in the formation and carrying out of strategies. It is termed as a linkage which connects the strategic management process with the aim and vision of the organization. It begins the strategic thought by offering vision. After that, it works as a foundation to cushion culture where everybody realizes what are the ways to do, and what are the prevalent values regarding the firm. Fundamentally, values offer the direction (Mosia & Veldsman, 2004).

 I. Leader As An Innovator                                                                                                                     To bring novelty within the whole institution is considered as the main job of leadership. The responsibility lies on the leadership is to take innovative strategic process, and that starts from thought to evaluating performance to make sure competitive advantage. To look after the whole organization. Leader should care about every aspect that can ensure the effectiveness in the organization. It should carefully develop and execute strategies because strategies are the stairway towards the vision and mission(Mosia,  2004).                                                                                                                                                

II. Leader As An Analyst                                                                                                                       In the strategic management process, it is the responsibility of leader to analyze  the situation to find the gap between current and desired state. Further it is the duty of leader to formulate the plans to overcome the gaps according to the requirement of situation. Strategies based at the analysis of leaders so we can say that an important task of leadership is to scan the organization’s environment carefully. It is the basic function of leadership to organize or streamline the whole organization’s working especially the planning and executing of strategies. Because once they organize the system the change management is no more difficult. Leaders cannot lead efficiently till they cannot organize(Farirhomm, 2009).

III. Leader As A Decision Maker                                                                                                  Leaders make decisions that help to achieve vision so the most important role of leadership is to make decisions. Leaders are responsible for proper functioning of the organization. So they have to decide what to do, how to do and by whom. Whole strategic management process depends upon the decision making of leader. Leaders decide how to achieve goals. What type of strategies should be and how they should implement? Leader as a collaborator: leadership provides the basis for strategy formulation. And to implement the strategies efficiently there is a need of resource collaboration. It is the responsibility of leader is to provide all the required resources. To fulfill the demand of organization leaders, have to collaborate with other. They make alliances with other organizations. The key task they perform is to create networks that align the organization with environment both internal and external, also locally and globallyMosia,  2004).

4. Conclusion                                                                                                                                    Leadership means taking up responsibilities. Leaders who are responsible make sure the efficacy of the process related to management. It offers the basis for strategy thought-out plan and by the offer of vision, it guides the organization curving into strategy formation. When it makes an attempt to formulate strategy process, it gives a try to bring into line the organization along with the necessary variation of the matrix. Then it gives attention to the enactment of the strategy where the main emphasis of the leadership goes to attain the vision by accomplishing the thought-out strategies. The topmost significant activity of leadership relates the alignment of its vision with the goals and objectives of the organization that result in having an organization’s competitive nature with the effective vibrant milieu; on the other hand, it can train and encourage the workers of the organization to attain the goal and vision. Finally, leadership has to have the evaluation process to ensure the effectiveness of the whole process, and this aspect will facilitate to identify the drawbacks and to make fresh the strategies in line with the change as well. Moreover, this evaluation process is able to help and sustain the constant growth of the institution. Thus, it can be said that leadership is known as the nucleus of the organization, and it should have the pivotal role like the role of blood and brain; as a result, the outcomes of the success can be guaranteed and be shared. The emotion which has the high value becomes winner in the end. The leaders who provide blood, works very hard always become the recipient of lion shares from their followers, and those who provide security and good times when it comes to the pinch, human beings are more known as heroic (Mason, 2011).

References

Fairholm, G. W. (2009). Organizational power politics: tactics in organizational leadership. ABCCLIO.

Mosia, M. S., & Veldsman, T. H. (2004). The importance of different leadership roles in the strategic management process. SA Journal of [15] Human Resource Management, 2(1), 26-36.

Mason Holloway, 2011, the role of leadership in translating strategy into execution, a presentation in SHRM conference.

Venohr, B., & Meyer, K. E. (2007). The German miracle keeps running: How Germany's hidden champions stay ahead in the global economy.

 


 


 

          

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