In the organization, because of its modern-day dynamics and inter-linked internal divisional structure, the organization requires leadership that can maintain knowledge of current business operations and finance. At the same time, the organization requires a forward-thinking, authoritarian practitioner who can develop successful future-based policies that guide the organization toward success, expansion, and profitability. This is the heart of strategic leadership: An individual or group that surveys the current business environment compares its structure and performance to external forces and develops a mission or vision that guides the organization toward future objectives.
This is the element of strategic leadership: a forward-thinking planning unit that accommodates current flexibility in design and operations to fulfill a future goal as it pertains to organizational success. This paper will highlight what strategic leadership means in today’ s organizations as well as a discussion on the day-to-day relevance of strategic management as compared to organizational realities. The nature of strategic leadership Organisational leaders in a management role must consider systems integrity, maintain control over current operational function, and improve cultural and executive-level confidence in financial data when making decisions (Kittredge, 2009).
Understanding how to move the organization forward means understanding what currently drives issues of production, staffing, human resources, marketing, and competitive position among competitors with similar product and service offerings in the external marketplace. Generally, this function is accomplished by performing external audits, such as Porter’ s Five Forces Analysis or SWOT Analysis, to gain the understanding of consumer preferences as well as competitive activities designed to remove market share from the organization. In order to develop an effective future-based strategy, the current market position of the business and its internal operations and structure must be understood.
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