Strategic Management and Strategic Leadership

Abstract

An organization's ability to put good plans into action is greatly influenced by its leadership and the strategic management process. Leaders play a number of hats during the strategic management process, including analyst, strategist, guide, organiser, motivator, developer, decision maker, collaborator, and evaluator. Good strategic management and an effective leader are necessities for every modern organisation. This paper's primary objective is to investigate strategic management and leadership by way of their interplay. Read up on the literature to find out how leadership factors into strategy management's creation and execution. To put it another way, strategic leadership is the act of guiding an organisation towards greater success by implementing sound strategic plans. Leadership is accountable for fostering an environment where people are motivated and inspired to collaborate inside the organisation. The article is structured into five parts: an introduction, a summary of strategic management, a discussion of leadership and its definitions, an analysis of the interplay between leadership and strategic management and how it affects strategic decision-making, and finally, a conclusion.

Keywords: Strategic Leadership, Strategic Management, Leadership, Management.