Developing Strategic Management and Leadership Skills

Developing Strategic
management and leadership
skills

Table of Contents
INTRODUCTION ..........................................................................................................................1
TASK 1 ...........................................................................................................................................1
1.1 Explain the link between strategic management and leadership ..........................................1
1.2 Analyse the impact of management and leadership styles on strategic decisions................2
1.3 Evaluate how leadership styles can be adapted in different situations.................................3
TASK 2............................................................................................................................................4
2.1 Review the impact that selected theories of management and leadership have on
organisational theory...................................................................................................................4
2.2 Create a leadership strategy that supports organisational direction......................................5
TASK 3 ...........................................................................................................................................6
3.1 Use appropriate methods to review current leadership requirements...................................6
3.2 Plan for the development of future situations requiring leadership......................................8
TASK 4 ...........................................................................................................................................8
4.1 Plan the development of leadership skills for a specific requirement...................................8
4.2 Report on the usefulness of methods used to plan the development of leadership skills.....9
CONCLUSION..............................................................................................................................10
REFERENCES .............................................................................................................................11

INTRODUCTION
Strategic management is defined as the branch of management which is related to
development of strategic vision, setting out objectives, formulating and implementation of
strategies for introducing corrective measures and meeting strategic desires of an organisation.
This management is continuous planning, monitoring, controlling, analysing and assessing which
is required for meeting goals and objective of the company. The following report is based on the
company naming Marks and Spencer. This is a major British multinational retailer which has
headquarters in London. This company deals with selling of quality products, food, home
products and appliances (Armstrong and Taylor, 2014). This company was founded in the year
1884 by Michael Marks and Thomas Spencer. In this report, link between strategic management
and leadership, impact of management and leadership on strategic decisions and how leadership
style are applied in various organisational situation are discussed. Also this file explains impact
of leadership theories and management theories in Marks and Spencer and their leadership
strategy. This report discusses about appropriate methods to review current leadership
requirements and a Plan for the development of future situations requiring leadership. At last, a
Plan is made for the development of leadership skills for a specific requirement is described.
TASK 1
1.1 Explain the link between strategic management and leadership
Marks and Spencer is a MNC that deals in various countries of the world. Strategic
management of an organisation is defined as the planning and controlling of various operations
related to meet goals and objectives of the company. The strategic refers to systematic analysis
of factors which are related with consumers as well as rivals and company itself to give basis for
the rethinking current management practices (Blandford, 2012). Its main objective is to attain the
better alignment related to corporate policies as well as strategic priorities. In addition to this,
strategic management is about analysis of business position and where it want to be in the long
term. Leadership is the ability of managers and leaders to control and manage different
operations of the organisation. The strategic management is termed as process of setting
objectives and aims of the organisation, developing policies and plans for achieving goals and
objectives. This help management in allocating resources for implementing plans and
procedures. Strategic management is an ongoing process for organising big tasks of the company
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into several stages. The first step in the strategic management is strategy formulation that
includes identifying functions and purpose of the company. This is helpful in implementing
objectives and goals of the company.
On the other hand, leadership is defined as action of leading a group of individuals
which shares and communicates vision of the company. The strategic leadership refers to
potential of manager to express strategic vision for company or part of business and to motivate
the other employees to acquire vision (Blumenthal and et. al., 2012). Through developing the
effective aims and objectives, company can able to attain business objectives and success. In
context of Marks and Spencer it is advisable that leaders and managers of this company should
apply an effective leadership for improving the strategic management of the company.
Leadership is termed as connection between strategic management and target of it. This is related
with leadership of organisation that is used for achieving desired objectives and goals. There is a
link between strategic management and leadership of the leaders of Marks and Spencer.
Management and leadership both have the better skills that company should be possess of leader
with support of its personnel. Leader helps in provide the direction to team members. In addition
to manager will have the consistency as well as make group proposer after being developed. The
decisions of managers are based on ethics that each member constructed but the leaders decide
on the basis of institutions. When there is strong leadership and effective management in the
company then leaders can easily set a direction and allocate resources in an appropriate manner.
In this way managers and leaders of Marks and Spencer achieve goal and objectives in perfect
manner.
1.2 Analyse the impact of management and leadership styles on strategic decisions
Management has strategies as well as plans and their plan is on implementation of
strategy ( Bryson, 2017). Leader maintain the human resource and direct staff members to
implement strategy with better performance in context to attain set business objectives. The main
objective of Marks and Spencer is to provide quality services and products to customers. This
can be done by increasing the level of performance of employees as well as leaders. It is the
responsibility of leaders to manage their employees effectively and make them achieve targets
and goals in specified time. All organisations perform operations by analysing, knowing, finding
and rising leadership. Leadership plays a dynamic role in forming effective teams that can help
in completing business tasks and activities in specified time. A valuable leadership is important
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