ANALYSING THE RELATIONSHIP BETWEEN STRATEGIC MANAGEMENT AND LEADERSHIP
ANALYSING THE RELATIONSHIP BETWEEN STRATEGIC MANAGEMENT AND LEADERSHIP
The objective of this essay is to analyze the relationship between strategic management and leadership in an organization, to discuss its link as well as the impact and how leadership styles are adapted specifically in H&M (Hennes and Mauritz).
1.1.1 The link between Management and Leadership
Strategic management and good leadership play an important role in meeting the organization’s objective. The management is linked to processes and structures of the organization while the leadership is to the vision and values of the organization.
According to Buhler, (2001), leadership is more focused on revitalizing individual’s performance. Management, on the other hand, is more absorbed on checking their performance levels.
The keys of any successful organization are the quality of its management and leadership skills. In a fast changing world, organizations are increasingly dependent on good management and leadership style to improve their business which somehow supports organizational productivity.
1.1.2 Strategic Management
As per Parthasarthy, (2007), strategic management is a series of long-term decisions and actions taken by managers in which they select and implement strategies with a purpose of building the firm’s strengths through market positioning and/or accumulation of internal resources that will give the firm an advantage over rivals.
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Strategic management is said to be an area in an organization which deals with the major intended and emergent initiatives taken by managers on behalf of policy makers. It is mostly about the processes.
1.1.3
The objective of this essay is to analyze the relationship between strategic management and leadership in an organization, to discuss its link as well as the impact and how leadership styles are adapted specifically in H&M (Hennes and Mauritz).
1.1.1 The link between Management and Leadership
Strategic management and good leadership play an important role in meeting the organization’s objective. The management is linked to processes and structures of the organization while the leadership is to the vision and values of the organization.
According to Buhler, (2001), leadership is more focused on revitalizing individual’s performance. Management, on the other hand, is more absorbed on checking their performance levels.
The keys of any successful organization are the quality of its management and leadership skills. In a fast changing world, organizations are increasingly dependent on good management and leadership style to improve their business which somehow supports organizational productivity.
1.1.2 Strategic Management
As per Parthasarthy, (2007), strategic management is a series of long-term decisions and actions taken by managers in which they select and implement strategies with a purpose of building the firm’s strengths through market positioning and/or accumulation of internal resources that will give the firm an advantage over rivals.
This essay is an example of a student's work
Disclaimer
This essay has been submitted to us by a student in order to help you with your studies. This is not an example of the work written by our professional essay writers.
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Who wrote this essay Become a Freelance Writer Place an Order
Strategic management is said to be an area in an organization which deals with the major intended and emergent initiatives taken by managers on behalf of policy makers. It is mostly about the processes.
1.1.3