MN7185 Leadership and Strategic Management

Introduction Leaders in all organizations are mindful of the need to prepare their organizations' future strategically and to engage in the successful implementation of these strategies. In this review, a leader is seen as a manager who is charged with supervising the effective implementation of strategic initiatives. Although strategic planning problems have raised challenges for strategic leaders, it is in the execution of the strategy that these leaders have faced a range of challenges. Although formulating a coherent plan and making it work is relatively straightforward, it is much more difficult to enforce it within the organization   (Hrebinik, 2006) . Strategy implementation is an area that is now highly valued by entities. And Implementation of the strategy only succeeds when it is supported by effective leadership. The concept of strategy implementation Several studies have been conducted on issues pertaining to challenges faced by organizations during strategy i...

Introduction The successful implementation of strategic decisions is widely thought to be critical. to the achievement of organizational aims and objectives. It extends to public sector companies, as well as to public sector organizations Within the private sector. Only when the strategies of the top management team are correctly and completely executed would it be possible to relate organizational outcomes to management decisions and to have some confidence that public agencies are masters of their own destiny  (Elbanna & Slack, 2012) . The literature on the implementation of the strategy is largely scattered and distributed throughout the literature on general and specialized management, with little systematic investigation of any of the major themes related to successful implementation. Strategic planning is a set of thoughts, measures and apparatuses that organizations use when defining their overall strategic direction and the resources compulsory to accomplish stra...

Introduction Over time the model and practice of strategic planning has been accepted global and within sectors because of its alleged support to organizational effectiveness. Today organizations from both the private and public sectors have taken the exercise of strategic planning completely as a tool that can be utilized to fast track their performances. Strategic planning is possibly vital element in the behavior of strategic management. Strategic planning possesses potential benefits and inherent values that eventually translate into improved firm efficiency. Hence, it is a tool facilitating improved firm performance (Greenley, 1986) . Improved performance reported via strategic planning However, their emphasis was on the formality of planning rather than the correlation between planning and firm success as opposed to non-planners (Adegbite & Fubara, 1986) . It is noted that the past studies did not pay attention to the individual steps that constitute the process of stra...