Thursday, May 2, 2013

week 23


       1.      In your own words and using referenced quotes describe what is meant by the term ‘strategic leadership’?


v  Using strategy in the management of workers is the key element of strategic leadership. The central strategy generally employed is to motivate workforce to take the enterprise to improve their productive input into the organization. Strategy encourage for planning and thinking, whereas leadership motivate others to take the suitable action. This management model guide and encourages workers to best practice the business for the future.

v  Leaders who are strategic are constantly looking forward and analyze the present in terms of research for what may appear for the business. Attentiveness and responsiveness is a big ingredient of this leadership style, but it should be pursuing up with well thought out action. Strategic leaders are growth-oriented and adaptable. They obtain responsibility for getting things done by exercise workers to think and act more successfully to attain the best result feasible for the business.

v  The key goal of strategic leadership is the productivity. It's not about simply increasing the quantity of work done, conversely, but strategic productivity or working harder for basis best for the business. Though the strategic style of leadership constantly remains the best interests of the business in mentality, it's also enthusiastic of workers unique talents and efforts.


  v  Hughes and Beatty (2005) state that individuals and teams become strategic as they think, act, influence towards sustainable competitive advantage and he further emphasis that Strategic thinking, Strategic acting and strategic influencing are key skills for a leader. As an example, Martin Luther King's "I have a Dream" changed the America's direction as a country in terms of culture, strategy as well as leadership. It is his acumen as a leader, ability to shape decisions to deliver high value which created this atmosphere (Lynch, 2009). When looking at great leaders in the past and the future, it is clear that the self belief, confidence, courage, integrity and being yourself, with skills (Goffee and Jones, 2000) have guaranteed the sustainability as a nation or any formal or informal organization.



      2.      Identify two interesting similarities and two differences between 5 elements of successful and effective Strategic Leadership model and the Transcendent leadership model.

Two Interesting Similarities and differences between 5 elements of successful and effective Strategic Leadership model (also known as Lynch Model) and Transcendent Leadership Model are given below:

Similarities:

      1.      Similarities of both model is to grant benefits to the stakeholders by retaining good relationship between them both inside and outside the organization.

      2.      Both model focus to manage the changing environment and to gain sustaining competitive advantage over time.

Differences

       1.   Five elements of successful and effective strategic leadership model known as Lynch model only focus on leadership for the organization benefits and purposes while transcendent leadership not only focus on leadership for organization purpose but also the leadership of self and others which is quite interesting.

      2.    Another Interesting differences is that Five elements of successful and effective strategic leadership model known as Lynch model consider human resources, as to select and develop and motivate them also they mostly focus on key talents whereas Transcendent model focus more on non-human elements like as strategy, rules, procedures and structure. 



References:

·  Goffee, R. and Jones, G. (2000), "Why should anyone be led by you?” Harvard Business Review, September-October, pp. 63-70.

·        Hughes, L.R and Beatty, K.C (2005), Becoming a Strategic Leader, "Your role in your organization’s enduring success", Jossy- Bass

·         Johnson, G., Scholes, K, and Whittington (2008), Exploring Corporate Strategy, Text and Cases, 8th Edition, Pearson education Ltd.

·         Lynch R (2009), Strategic Management, 5th edition, Pearson Education Limited

·         Russell, R.F & Stone, A.G (2002), A review of servant leadership attributes: developing a practical model, leadership and organizational development journal, 23/3, pp. 145 - 157.

·         Yukl, G. (2006), Leadership in organizations, 7th edition, Pearson education, Inc.






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