Business Strategy and Policy Analysis | Assignment

Running head: BUSINESS STRATEGY AND POLICY ANALYSIS
BUSINESS STRATEGY AND POLICY ANALYSIS
Name of the Student
Name of the University
Author Note

BUSINESS STRATEGY AND POLICY ANALYSIS1
Answer to Question 2
The proper operations of a business organization is possible with the implementation of
various leadership styles. The strategic leaders are those who aim at weighing the options and
positions that are available in the firms for ensuring their growth in the respective industries. The
strategic leadership styles are considered to be dynamic in nature and also requite high levels of
commitment and involvement in work as well. The strategic leaders are considered to be
excellent in making effective decisions and are also able to see the intricacies that are a part of a
particular situation (Covin & Slevin, 2017). The calculated risks that are taken by the strategic
leaders can prove to be effective for the organizations so that they are able to adapt to the
changes in the marketplace. The leaders can implement the strategies in order to take advantage
of the opportunities that are provided by the changes in the external environment. The skills
gained by individuals are considered to be important for maintaining the leadership position in
the organization (Altman & Tushman, 2017).
The strategic leaders need to manage the workforce of organizations and also deal with
the clients and customers. The communication process within the firms can be maintained
effectively with the support that is provided by the activities performed by the strategic leaders.
The organization needs a driving force for purpose of enhancing the growth levels and operations
in the industry as well (Covin & Slevin, 2017). The driving based personality of leaders can have
an impact on the motivation that is provided to the employees so that organizational objectives
can be achieved in an effective manner. The goals that are set by the organization can be fulfilled
effectively with the help of activities that are performed by the strategic leaders. The new
benchmarks and new goals that are developed by organizations can have an impact on the ways
by which strategic leaders make their decisions (Norzailan, Yusof & Othman, 2016).

BUSINESS STRATEGY AND POLICY ANALYSIS2
The functions of the strategic leaders are as follows,
Setting direction of the organization.
Making strategic decisions.
Management of human capital.
Translating the strategies into actions.
Management of change.
Effective communication that is developed within an organization.
Ensuring the efforts that have been made in right direction.
Development of the strategic competencies.
Framing the plans and policies for effective application of the strategic decisions.
Development and maintenance of the constructive work based culture (Ma &
Seidl, 2018).
The major qualities that are depicted by the strategic leaders include foresightedness,
open-mindedness, risk-taking based abilities, discipline, endurance, self-awareness and self-
control. Strategic leadership is considered to be a tool that helps in proper management of
operational aspect of an organization. The implementation of strategy mainly involves the
changing of organizational structure in order to achieve the objectives and goals. Strategic
leadership can lead to the improvement of productivity and fulfilment of the short term and long
term based objectives as well. The major aim of strategic leadership is mainly based on the ways
by which an organization is able to prepare for the future operations (Kaufman, 2017).
Examples of strategic leaders –

BUSINESS STRATEGY AND POLICY ANALYSIS3
Tony Blair – The Former Labor Party Prime Minister of Britain, Anthony (Tony)
Charles Lynton Blair has gained popularity for his politics and the efforts that
have been made by him with Royal Family. The strategic leader had been able to
change the ways by which party had been elected and he also fought for the
implementation of lower taxes. He had also worked for the purpose of offering
additional levels of power to various governments within the United Kingdom
(Sierra & Banzato, 2016). The vision that had been developed by Tony Blair
stated that “People succeed on the basis of what they give to their country.”
Figure 1 – Tony Blair
Source - (Sierra & Banzato, 2016)
Bill Gates – Bill Gates is also a major strategic leader who also deserves a top
spot in list of leaders and also well deserved. Gates is a Washington state native