Table of Contents
Developing Strategic Management & Leadership skills 0
Introduction 2
Company Profile 3
Task 1 Relationship between Strategic Management & Leadership 4
A. Strategic Management & Leadership 4
Core Values 5
Mission 5
Management Styles 6
B. Impact of strategic management /leadership on strategic decision 7
C. Leadership skills 7
Task 2 Management & Leadership Theories 8
A. Management & Leadership Theories in organisational Strategy 8
Leadership styles 9
B. Impact of Leadership Theories 11
Situational leadership 12
Fielder’s Contingency Theory 12
Hersey and Blanchard Model 13
Task 3 Leadership Requirements 14
A. Review current Leadership Requirements 14
B. Develop a plan for future Leadership Requirements 15
Staff planning chart 15
Task 4 Developing Leadership Skills 15
A. Developing Leadership Skills 15
B. Advantages of methods used in Developing Leadership Skills 16
Reference 17
Introduction
Day today management is clearly defined by F.W. Taylor, Henry Fayol, Ma Weber, and others in classical management. No organisation can just have one type of management all through the organisation like operation can be scientific management and task oriented leadership. Marketing can be administrative and with action centred leadership. The overall leadership should be the same has the ethos of the organisation overall. . Current theories and models of leadership explain the influence of position upon the satisfaction and performance
A considerable amount of academic writing has been undertaken on the definition of ‘Leadership’ and ‘Management’ over the last couple of centuries. Numerous theories, models and philosophies have been developed to explain each and the different nature of the role of the leader versus the manager. To attempt to summarise all of these would be nigh on impossible but over the recent decades a few theories have resonated and become popular due to the simplicity with which they clarify the thinking.
According to Ricketts (2009) in today’s world effective leadership and management is essential in order to archive success. Terms of leadership and management are being seen as synonyms and often used interchangeably. Some writers such as Zeleznik, Kotter think that there is no close relationship between leadership and management, while others persuade us that leadership is simply one of the characteristic of the manager. This
There are many differing theories on the styles of management and leadership which attempt to differentiate the skills, strengths and personalities required between management and leadership although it is clear from the studies of these theorists that many of the skills are applicable to both.
Leadership and management are two opposing styles of employee supervision actively used with in the organization. It has lots of similarities, yet there are many differences that separate a manager from a leader. Bateman and Snell, 2008 stated that “Management is the process of working with people and resources, to accomplish organizational goal” (p19). Leadership is a manner in which a leader aspires to persuade his or her team to launch and achieve organizational goal. This paper will discuss the difference between management and leadership, the roles
In the article, Kotter discusses that management and leadership are different concepts. However, these concepts are complementary and needed in order for a particular organization to be successful. For instance, management tends to bring about order and consistency to a particular organization. Meanwhile, leadership enables a particular organization to be able to handle change in this volatile and unpredictable business environment.
While supporting leadership development is admirable, incorporating strategic leadership development into company culture can take organizations to exciting new heights.
Leadership and management although identified as different roles do complement one another (Bertocci, 2009). It has been seen that without either role more difficulties arise. It takes a dedicated and strong leader and or manager to run a successful organisation (Berkley, 2007).
Leadership has an authority power above others that inspire and motivate creating cohesion between then, at the same time solvent problems inside the group making changes in the organisation. Management possesses a title that supports his decisions and works to achieve a goal that the organisation requires.
The evolution of leadership might best be summed up by Mohandas Gandhi (NDI) who said, "I suppose leadership at one time meant muscles; but today it means getting along with people." There is an abundance of well-researched literature on the roles and functions of leadership and management, however the simple fact is that leadership and management techniques vary from organization to organization and situation to situation with respect to culture and the capacity of the leadership present in that organization at any given time.
1.1Evaluate leadership theories Leadership is the ability to influence the actions of an individual or a group for the achievement of goals in a given situation. “Leadership is the ability to secure desirable actions from a group of followers voluntarily without the use of coercion.”(Alford and Beatty) Management Vs Leadership According to Stephen Covey “Leadership focuses on doing the right things, management focuses on doing things right. Leadership make sure that ladders we are climbing are leaning against the right wall, Management make sure we are climbing the ladders in the most efficient way. However Managers exist only in organised structures whereas leaders can be there even in case of unorganised groups.
Now days everything has relationship with business and I think one of the most important things in business is leadership so I am going to tell you in the first paragraph in this topic about the leadership skills then I will give you in the second paragraph examples to business company that success by their leader and there leadership skills And a companies that fail because there poor leadership skills Then I will Conclude my topic.
Throughout history there have been many different philosophies and theories on effective leadership and management. Over time, these theories and ideas have been proven either successfully or unsuccessfully. The key component that stands out is the actual person who is in the leadership or management position. This individual needs to produce many characteristics to ensure smooth and effective management. The character of this one entity is what sets the tone for success or failure in the leadership/management position.
The focus of strategic leadership is the enduring performance potential of an organization- achieving the potential of the organization over time so that it will thrive in the long term (Hughes, et.al, 2014). Strategic leadership happens when individuals create the direction, alignment, and commitment needed to achieve the enduring performance potential of the organization (Hughes, et.al, 2014). Leaders are more strategic when they are strong strategy makers, that is, when they develop effective organizational strategies. Strategy involves change, and achieving long-term performance potential in an ever-changing environment requires continuous change. The critical issue for strategic leaders is how to make changes that progressively build on each other and represent an evolving enhancement of the organization’s well- being.
From the enlightenment provided above, we cannot overlook the fact that leadership and management do differ. The rhetoric about the distinction between leadership and management has been long and until today, put forth with hope of being answered coherently, especially in our modern business world. In many a case, these two terms have been used interchangeably, but in fact, there reigns an immense difference between them.
The strategic management process helps institutions identify what they intend to achieve and how they will accomplish outcomes. The term strategic management is used to refer to the entire decision-making process. Strategic management must evolve by predicting the future (more effective planning), thinking strategically (increased responses, evaluation of strategic alternatives and dynamic allocation of resources) and creating the future (strategic planning through orchestration of all resources to create advantage) (Gluck, Kaufman & Wallach, 1980). Therefore the orchestration of all resources within an institution, strategically driven by a flexible planning process