The link between strategic management and leadership

Introduction

The company’s overarching vision statement directly determines the strategic decisions of a firm and cannot be achieved or measured instantly. All the strategic decisions such as policies, resource allocation, annual objectives, organizational structure  come from the top most level of management for example, the CEO's (Fuller, 2005).

The management always focus on the continuous improvements of the status quos. They implement planes and they direct the organization for their vision and mission. And the management have to well organize with the available resources to produce good outcome.

The management always works on the organizational vision they sets strategic planes to achieve the organization objectives. The management passes the work load to their second line to accomplish the tasks through employees. When the management sets the goals the leadership has the full of responsibilities to implement by aligning employees, inspire and motivating them to get the team work to achieve company goals.

Leadership and management entail a unique set of activities or functions. While leaders and managers share some similarities because they both influence others by using specific powers to achieve certain goals, there are also some prominent differences (Northhouse, 2007).

To implement these decisions, employees will need to accomplish a set of goals to reach outcomes. It is at this stage when employees depend on their manager’s abilities to solve problems and optimize their employee ‘strengths and skills This relationship between strategic management and leadership depends on various leadership styles in varying circumstances  to optimize human capital for the company to flourish. 

Source: You tube

The impact of management and leadership styles on strategic decision

It is critical that the top management of Company employees the correct leadership styles to direct their employees to perform their best in order to achieve the goals that will in turn execute the strategies set by the top management.  The company’s leader should ensure their staff is well motivated to have a proper attitude and hence to utilize their skills in order to give the company a competitive advantage (Manktelow, 2005).

Autocratic:

This leadership style retains all or most of the authority with himself and get immediate decisions without getting the advice from others (slideplayer.com, 2019).

Whether the decision making presses is wrong or correct the employees have to implement the orders. The bright side is less time consuming for decision making and effective supervision. And the disadvantage is the staff loses their moral, absence, fearful and staff become tense.

Bureaucratic:

Bureaucratic leaders work “by the book”. They follow rules rigorously, and ensure that their people follow procedures precisely. This leadership also useful in organizations where employees do routine tasks (as in Manufacturing) (slideshre, 2019).

Charismatic:

This leadership style have the ability to encourage followers through their personality what followers capable of and giving positively, confidence and a strong self-image, that naturally draws people in. Attain high performance and results via formed emotional connections (Taniasancxz, 2014).

Laissez-faire:

The Laissez-faire style is where all the rights and power to make decisions is fully given to the worker. Also this style describe as “hands off” leadership style because the leader delegates the tasks to their followers while providing little or no direction to the followers (SlideShere, 2019).

Democratic:

This is the leadership involves a team guided by a leader where all individuals are involved in the decision making process to determine what… (BusinessDictionary, 2019).

Source: You tube

Conclusion

Here we have made a conclusion that good leadership is nothing without the effective management both these terms are so important for each other for example if we consider an organization which has the management but not a good leader whatever best strategy made by the management until there is no one who can actually practically take the work from is not effective same likely if there is a good leadership but not the strategic management which actually analyses the situation resources suitability and feasibility than even good leadership is useless. Role of strategic management is much bigger than leadership and it can be said that leadership is involved to get the strategic goal defined on the behalf of company owner or shareholder.

References

Fuller, A. (2005). Taylor & francis Online. [Online]
Available at: https://www.tandfonline.com [Accessed 06 July 2020].

Northhouse, (2007). ReasearchGate. [Online]
Available  : https://www.researchgate.net/publication/318597967_The_Differences_Between_Management_And_Leadership [Accessed 6 July 2020].

Manktelow, (2005).Mind tools.[Online] Available at:

https://books.google.lk/bookshl=en&lr=&id=mwe23_Kg9l4C&oi=fnd&pg=PA9&dq=Manktelow,+leadership+styles+&ots=9RD0a7d3K8&sig=6M_FyZNSl7bRbkPvPMi4PgR3Ak&redir_esc=y#v=onepage&q=Manktelow%2Cleadershipstyles [Accessed 7 July 2020)

slideplayer.com, (2019). slideplayer.com. [Online]
Available at: https://slideplayer.com/slide/5825370/ [Accessed 7 July 2020].

Slideshere, (2019). Sideshere. [Online] Available at:

https://www.slideshare.net/LissyLecturer/leadership-a-force-for-change [Accessed 5 July 2020]

BusinessDictionary, 2019. BusinessDictionary. [Online]
Available at: http://www.businessdictionary.com/definition/democratic-leadership.html
[Accessed 7 July 2020].

Taniasancxz, (2014). Taniasancxz. [Online] Available at:

Https://taniasancxz.wordpress.com/2014/10/24/charismatic-leadership/ [Accessed 6 July 2020]

 References

Fuller, A. (2005). Taylor & francis Online. [Online]
Available at: https://www.tandfonline.com [Accessed 06 July 2020].

Northhouse, (2007). ReasearchGate. [Online]
Available at : https://www.researchgate.net/publication/318597967_The_Differences_Between_Management_And_Leadership [Accessed 6 July 2020].

Manktelow, (2005).Mind tools.[Online] Available at:

https://books.google.lk/books?hl=en&lr=&id=mwe23_Kg9l4C&oi=fnd&pg=PA9&dq=Manktelow,+leadership+styles+&ots=9RD0a7d3K8&sig=6M_FyZNSl7bRbkPvPMi4PgR3Ak&redir_esc=y#v=onepage&q=Manktelow%2Cleadershipstyles [Accessed 7 July 2020)

slideplayer.com, (2019). slideplayer.com. [Online]
Available at: https://slideplayer.com/slide/5825370/ [Accessed 7 July 2020].

Slideshere, (2019). Sideshere. [Online] Available at:

https://www.slideshare.net/LissyLecturer/leadership-a-force-for-change [Accessed 5 July 2020]

BusinessDictionary, 2019. BusinessDictionary. [Online]
Available at: http://www.businessdictionary.com/definition/democratic-leadership.html
[Accessed 7 July 2020].

Taniasancxz, (2014). Taniasancxz. [Online] Available at:

Https://taniasancxz.wordpress.com/2014/10/24/charismatic-leadership/ [Accessed 6 July 2020]

https://www.youtube.com/watch?v=b74H9MWkTKI

https://www.youtube.com/watch?v=icqu2Kl1Imc