Strategic management and leadership relationship theories

strategic management and leadership relationship theories

Strategic leadership is a part of strategic management and it deals basically with what he thought were the main elements of strategic management theory. The impact that selected theories of management and leadership have on organisational strategy. Creating a leadership strategy that. leadership originates from the relationship that my parents have, being thinking in strategic management. .. CONTEMPORARY LEADERSHIP THEORIES.

In the case of Iceland, we should create a leadership strategy that is able to maintain a technical superiority, enhances the standards of the employees, reviews new theories for creating scope of rapid future success and finally selects, develops and retains senior colleagues who will help steering the organization in the future.

Everything depends on the situation of that organization in a particular time frame. So in the case of Iceland the best strategy that supports organizational direction is the Bureaucratic approach along with a flavor of Human Relation theory. The Bureaucratic approach will be helpful in achieving the organizational goals and keeping everything on track. It will also help Iceland to maintain its day-to-day budgets in control and will make some serious profits for the organization.

The Human relation approach will take into account the feelings and needs of the staff and the people attached with Iceland. It will ensure that the workforce is enjoying its time working with Iceland and take their work to perfection. This new combination will be very helpful in maintaining the discipline in the organization and will be very beneficial for the employees.

So the working and the progress of Iceland will be very smooth. The people will be aware of their position and duty in Iceland and they will be free to work out a plan for performing their duties efficiently. Although this new leadership strategy seems a bit odd to many people but if it is implemented in its true spirit, it will be very helpful. Be able to assess leadership requirements.

Use appropriate methods to review current leadership requirements. Some of them are listed below. According to this method, all managerial and leadership styles are reviewed on the basis of two main rules. Concern for Results; and 2. In the first case, manager diverts all its energy on the accomplishing of tasks in given time. This is shown along the horizontal axis on the grid. While in second case, employees and their needs are given importance. And this is represented along the vertical axis of the grid.

Barratt and Mottershead have narrated this grid as a Matrix of managerial styles. For example; managers with a rating of 9,1 practice Autocratic style because they show little concern for the employees. On the other hand, a rating of 1,9 depicts the behaviour of a Democratic manager. It may include a self-assessment questionnaire. This feedback helps in overcoming the weaknesses and exploiting the strengths of the organization. Another common approach in reviewing leadership and management styles is Management by Objectives commonly known as MBO.

According to Mullinsp.

strategic management and leadership relationship theories

While Morrisis of the view that the top manager should set an overall objective, and should convey it to the lower management for completion. MBO is potentially an attractive system. It provides an opportunity for staff to accept greater responsibility and to make a higher level of personal contribution. The figure defines both the theories in detail.

Plan for the development of future situations requiring leadership. A good leader is always prepared for the any kind of challenge. He acts quickly and accurately according to the given situation. We can say that a good leader takes the right decision at the right time. I have listed a couple of future situations here that will require a firm leadership.

You cannot stop conflicts from occurring between individuals and organizations. Sometimes these conflicts are useful and sometimes they are not. When I say useful, it means that sometimes new ideas are created from these conflicts.

Or these conflicts point to a deficiency or a week point in the management of the organization. So they are helpful in pinpointing the lapses. On the other hand sometime these conflicts leave a bad impression.

Whatever the reason is, conflicts should be resolved smoothly. So for the purpose of conflict resolution a leader should be there with a remedy. And it is then up to the leader to resolve that conflict in any way he likes; whether by choosing Autocratic style or by Democratic style. Another most important situation for an organization is merger or acquisition.

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You have to be very accurate in your calculations and should have a good insight of market trends. A leader with a vision and deep thinking is essential in this case. Either you are going for merger or going for acquisition, you should be able to foresee the state of your employees and organization in coming years. A couple of years ago there was no concept of recession on a large scale.

Now-a-days recession has become a worst nightmare for many people around the globe. So for recession there should be a strong leader with a clear cut policy. This is the worst case scenario and a true test of a leadership that how it overcomes recession.

Adaptation for change in technology, taste and performance: Change is the unchangeable law of nature. And adaptation for change is very difficult for certain organizations and it may be due to many factors. So a sincere leadership is required for any change to become successful in organization, a leadership that is able to remove the ambiguities from the minds of all employees about the nature of the change.

Another very important situation that requires a leadership is a natural disaster. During the period of a natural disaster many employees and organizations are in a state of ambiguity. They are unable to perform their duties efficiently. Be able to plan the development of leadership skills. Plan the development of leadership skills for a specific requirement. There are certain skills that every leadership should possess. True leaders have these skills in their genes and others adopt them during the course of their life.

But one thing is certain that these skills are present in all the great leaders of the world. The possession of these qualities is not enough; a good leader should be able to develop these skills and to be able to apply them in accordance with the requirement.

A good leader possesses the right skills and uses them in the behaviour that best suits the current situation. The main skill of a leader is its influence.

A good leader always uses its influence on its followers to obtain the best results. Inspiration can bring huge changes in organizations. So a good leader should always try to develop and enhance its influence by empowering its employees. So this skill can be developed by self-help by learning from mistakes.

A good leader should have good communication skills. He should be able to communicate easily with his team members. So a leader should practice more and more to master this skill. A good leader should always be adaptable to change.

strategic management and leadership relationship theories

He should have a vision and he should try to introduce modern ways of getting things done. He should encourage his staff to use new technology and new techniques for their routine work.

He should be confident and determined in his vision. So he should arrange seminars and workshops to convey his vision to his followers. A good leader should be unbiased; he should be able to manage diversity within an organization. He should be role model for all the employees from any origin. He should be punctual and honest.

A good leader should be able to communicate the policy and regulations of the organization to every single employee. And that can only happen when he first exercises them himself before communicating to others. He should be able to expand the organization in all ways possible. He should be able to appoint new staff and train the old staff according to the new technology. He should arrange training courses and other developmental activities for his company.

He should also use his powers to keep the organizations on track. And most importantly he should use his power of rewarding for winning the heart of his employees. He should be a good speaker so that in any situation he is able to explain the position of organization in an effective manner.

A good leader should possess good coordination skills for maintaining the integrity between different departments of the organization. Discipline should be the main thing for a leader and there should be no excuse for it. Because it is the main factor that can change the fate of the organization.

A good leader should be honest and well-wisher of its people. He should stick to his commitments and promises. A leader should be a good listener; it helps him in overcoming the weaknesses of the organization and sometimes gives him a chance to grab some new ideas as well.

Report on the usefulness of methods used to plan the development of leadership skills. There are certain methods that we can use to plan the development of leadership skills. One of the best methods is to call a meeting of the staff and ask about their ideas. Another widely used method is to gather as much information as you can about the life of great leaders.

It will help you in adopting their skills and their secrets of the trade. Another way of developing leadership skills is to get familiar with your followers. It will help you in understanding their feelings and their needs, which in turn will help you in managing their needs. So we used different plans for the development of leadership skills including; seminars, meetings, training courses, self-help, learning from mistakes and a lot others.

All these methods are very useful to plan the development of leadership skills. Seminars and workshops are very helpful in understanding the point of view of other people.

Training courses help in understanding and overcoming new challenges. These courses help organizations to implement effective ways of getting things done. They also help in creating a learning environment in an organization. Meetings should be arranged regularly; this will help a leader in developing his communication and coordination skills.

Another very important method is exchange visits. These are very helpful in developing leadership skills. These visits may be between different sections of the same organization or between different organizations.

These are very helpful in developing the leadership skill of managing diversity. The focus of mentoring is to develop the whole person and so the techniques are broad and require wisdom in order to be used appropriately. A study of mentoring techniques most commonly used in business found that the five most commonly used techniques among mentors were: Sowing is necessary when you know that what you say may not be understood or even acceptable to learners at first but will make sense and have value to the mentee when the situation requires it.

Here the mentor chooses to plunge the learner right into change, provoking a different way of thinking, a change in identity or a re-ordering of values. You show what you are talking about, you show by your own behavior. The key questions here are: Different techniques may be used by mentors according to the situation and the mindset of the mentee, and the techniques used in modern organizations can be found in ancient education systems, from the Socratic technique of harvesting to the accompaniment method of learning used in the apprenticeship of itinerant cathedral builders during the Middle Ages.

Leadership authors Jim Kouzes and Barry Z. Posner advise mentors to look for "teachable moments" in order to "expand or realize the potentialities of the people in the organizations they lead" and underline that personal credibility is as essential to quality mentoring as skill. Multiple Mentors A new and upcoming trend is having multiple mentors.

This can be helpful because we can all learn from each other. Having more than one mentor will widen the knowledge of the person being mentored. There are different mentors who may have different strengths. Profession or Trade Mentor: They know the trends, important changes and new practices that you should know to stay at the top of your career. A mentor like this would be someone you can discuss ideas regarding the field, and also be introduced to key and important people that you should know.

This is someone who doesn't just focus on the profession. This mentor will be able to give insight on the industry as a whole. Whether it be research, development or key changes in the industry, you need to know. Politics in the organizations are constantly changing. It is important to be knowledgeable about the values, strategies and products that are within your company, but also when these things are changing.

An organization mentor can clarify missions and strategies, and give clarity when needed. This mentor can speed quickly over the bumps, and cut through the unnecessary work. This mentor can explain the 'ins and outs' of projects, day to day tasks, and eliminate unnecessary things that may be currently going on in your work day. This mentor can help to get things done quickly and efficiently. This is an up-and-coming, incredibly important position.

Technology has been rapidly improving, and becoming more a part of day to day transactions within companies. In order to perform your best, you must know how to get things done on the newest technology. A technology mentor will help with technical breakdowns, advise on systems that may work better than what you're currently using, and coach you through new technology and how to best use it and implement it into your daily life.

These mentors are only examples. There can be many more different types of mentors. Look around your workplace, your life, and see who is an expert that you can learn something from.

Summary Before Leaders commit to lead others, they need to commit to themselves. While obtaining comprehensive leadership skills training is the best way to integrate key leadership responsibilities into the workplace, understanding and utilizing the following tips can help you resolve conflicts, improve employee performance and lead change throughout the organization Different techniques may be used by mentors according to the situation and the mindset of the mentee, and the techniques used in modern organizations can be found in ancient education systems, from the Socratic technique of harvesting to the accompaniment method of learning used in the apprenticeship of itinerant cathedral builders during the Middle Ages.

Koestenbaum believe that the trait theory of leadership is based on the characteristics of many leaders both successful and unsuccessful and is used to predict leadership effectiveness.

The resulting lists of trait are then compared to those of potential leaders to assess their likelihood of success of failure. Successful leaders definitely have interests, abilities and personality traits that are different from those of the less effective leaders.

  • Relationship between strategic management and leadership

There are many advantages of trait theory. From the above theory, I have chosen behaviour theory for Sainsbury's so that it give complete satisfaction for the employees and the company. As we have already discussed that every organization makes efficient business level and corporate strategies to gain a sustainable competitive advantage in the marketplace relative to competition.

The leadership plays the most dominant role in devising strategies for corporation to sustain a competitive advantage. Leadership develops organizational philosophy and organizational philosophy gives rise to vision and mission for the organization. The strategic objectives of an organization are set on the basis of its visions and missions. Professionally, understanding of organizational philosophy, aligns the personal goals of an individual with organizational goals and the person realizes that, to be successful, he must reach organizational strategic goals for reaching his own personal goals because an incentive or compensation and motivation is added with this understanding of organizational philosophy.

Therefore, motivation viz career development, personal goals and compensation viz rewards, promotions provide means for both kinds of goals or objective accomplishment.

Personally, having interpersonal skills and capabilities, creates awareness among the individuals that corporate culture and philosophy is important for the success of the individuals and organization.

strategic management and leadership relationship theories

The development of self-motivation with the above concept develops a driving force that guides the individual to meet their personal goals by moving on the way of reaching strategic goals of the organization. J-Sainsbury's mentions that Sainsbury's has continued to build across a number of fronts, reporting a 'record Christmas performance' with total sales growth of 6. It also confirmed considerable progress in new store development, withsq ft of space opened in the last quarter alone.

The recent management changes at Sainsbury's also signal the retailer's intention to get behind the growth opportunities that exist; with the creation of a new position as Group Development Director for Darren Shapland, while Mike Coupe's new role as Commercial Director means that he adds marketing to his previous remit of trading, IT and online. In what will be Sainsbury's first and biggest supplier communication event ofthe Sainsbury's Trade Briefing will give both grocery and non-food suppliers the opportunity to learn how they can work even more closely with the retailer in the year ahead.

According to Miner as a leader I have to set up a scenario planning for future requirement of my organization I have to study in deep about organization objective goal and tasks. It's about predicting or forecasting future for example in Sainsbury we have feedback from customers so I have to studies all these feedback and try to reach out at customers need.

It always takes place in a workshop setting of top level management, technical support experts and organization leaders. I have to impose on the scenario because when we arrange interview with managers who later formulate and implement strategies based on scenario analysis.

With the help of this top level management are required to take their standard world view and that will be ignored in the generally accepted forecast. Some leaders and managers are not believed in scenarios they believe in forecast and judgment. Some time they know about that they fail to spot relevant change in organization. Furthermore when we talk about Globalization effect of leadership, Maxwell J.

For example as a leader of Sainsbury if I have to travel around some beaches of Sainsbury then I must have knowledge about the culture, ethic of good work, awareness about different countries or region culture.

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In future situation people cannot be resist if the CEO or director change this theory to task oriented, staff got addicted to behavior theory so it would take a long time to them to change and get comfortable to it may be problem for those who couldn't survive in this situation.

Leadership is one of those things that's often awfully hard to define but we know when we see it we definitely know when it's missing. Shannon claim that indeed leadership is one of those area about which a huge amount is said while at the same time leaving big questions hanging in the air unanswered. But in this report as a leader of my organization I push our leadership development and training programmers to gain rigorous personal insight into what makes them tick and then, with that understanding of themselves, to stretch the boundaries.

When I want to really expand my business of Sainsbury's then it is necessary to understand good leadership behavior, it is also important to learn the difference between leadership and management, gaining insight into my patterns, beliefs and rules is also important in development of leadership. J-Sainsbury point out that J Sainsbury plc is the parent company of Sainsbury's Supermarkets Ltd, commonly known as Sainsbury's, a chain of supermarket in the United Kingdom.

J Sainsbury plc is a leading UK food retailer with interests in financial services. It employspeople. The group has an estate worth about 8. Sainsbury's stands for great products at fair prices. The Group continually improves and develops its product ranges and is committed to giving customers an ever improving shopping experience.

Sainsbury's serves over 16 million customers a week and had stores throughout the UK. According to Covey several methods and approaches are presented in leadership development.

Self-awareness, the core of any development; leaders should identify their potential and recognize their strengths and weaknesses.