This document discusses the strategic direction of an organization, the skills required of a leader in a complex environment, opportunities for leadership development, and the impact of leadership style on strategic ambitions.
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Development as a Strategic Manager
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Table of Contents INTRODUCTION...........................................................................................................................1 Task 1...............................................................................................................................................2 Critically Analyse the Strategic Direction of the Organisation..............................................2 Critically Evaluate the Strategic Skills Required of the Leader Operating in a Complex Environment to Achieve Personal and Organisational Strategic Ambitions..........................2 Assess the Relationship between Existing, Required and Future Skills to Achieve the Strategic Ambitions...............................................................................................................................3 Task 2...............................................................................................................................................4 Critically Discuss the Opportunities to Support Leadership Development............................4 Design a Personal Development Plan to Direct Leadership Development in a Complex Environment...........................................................................................................................4 Devise an Implementation Process to Underpin the Success of the Development Plan that Can Realise Substantial Changes in Leadership Style...................................................................6 Task 3...............................................................................................................................................6 Critically Evaluate the Achievement of Outcomes of the Plan Against Original Objectives6 Evaluate the Impact of Leadership Style and the Achievement of Objectives on Strategic Ambitions in Different Organisational Settings.....................................................................6 Critically Review and Update the Leadership Development Plan.........................................7 Task 4...............................................................................................................................................7 Critically Evaluate the Impact of Corporate Commitment to Employee Welfare on Strategic Organisational Objectives......................................................................................................7 Discuss How an Employee Welfare Environment Can Effect Achievement of Strategic Organisational Objectives......................................................................................................8 Determine the Influence of Corporate Commitment to Employee Welfare on the Development of Organisational Values that will Realise Strategic Ambitions............................................8 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................11
INTRODUCTION The strategic manager of an organisation is the one who is accountable to the senior management for undertaking all the important decisions associated with the tactics as well as strategies of the entity in the long term. There are various tools as well as techniques that can be leveraged by the strategic manager of an enterprise to be able to determine the personal skills which are considered as being necessary and essential for the accomplishment of the strategic ambitions of the enterprise. This is done by virtue of taking into account the strategic direction of the entity in the global landscape that is changing at a rapid pace. Within an enterprise, an individual can be said to achieve success only when the organisational culture and organisational value are supportive enough to facilitate their learning as well as development in the long term. The strategic manager of an enterprise needs to have certain key skills to be able to take important decisions on the part of the company and execute the same within the organisational premises.Theseskillsareacknowledgedtobecommunication,analytical,observatory, interpersonal, and tactical skills. In this relation, the current project demonstrates the development of the strategic manager of a company by adopting the right set of tools and techniques. The organisation selected for carrying out this project is ABC Travels. This is a renowned private owned full service travel agency corporation that has its headquarters situated within the bounds of Houston, TX, United States. Over the course of time, this organisation has grown under the guidance and supervision of its leader who has driven the workforce with the communication of vision of ABC Travels for the long term. Existing in the tourism industry for a time span of almost 42 years, this company has impeccably evolved and grown into a complete guide for travelling. Now, the current project consists of strategic direction of the company and strategic skills required by a leader in a complex corporate scenario. Furthermore, the opportunities for supporting the development of leadership are explored in the report. In addition to this, personal development plan is developed for the leader of the company and its implementation is discussed. Moreover, the comparison of outcomes of the plan is done with the actual objectives. At the last, the effect of corporate commitment as well as employee welfare environment upon the achievement of organisational objectives is explored. 1
Task 1 Critically Analyse the Strategic Direction of the Organisation The strategic direction of ABC Travels can be depicted as the association's activities to accomplish its technique's objectives. The organization uses the vision and mission statement to characterize where it expects to be later on. This statement tend to act as a path for the organization to set the direction the organization needs to follow and characterize what it plans to become later on. Along these lines, ABC Travels' strategic direction includes the activities and plans set up to pursue the vision of the organization's future. The vision of the respective enterprise is to arrive at the pinnacle with regards to offering the best types of assistance and encountering quality upon the forefront of their client base. The vision of this association paints a picture of its future. The association can use the vision explanation to organize current arranging and spending. The association's mission explanation is to give the best blend to amusement, quality administrations, and brilliant client support. Besides, the organization expects to offer fun, sheltered and obliging travel where the clients and colleagues are eager to participate in aggregate social communication. This mission offers reason to ABC Travels, and it gives the organization, a long run strategic direction for organizing the fulfilment of clients. CriticallyEvaluatetheStrategicSkillsRequiredoftheLeaderOperatingin aComplex Environment to Achieve Personal and Organisational Strategic Ambitions. Executing the responsibilities in the domain of leadership within an intricate climate requires having skills that will guarantee successful tackling of issues that might be experienced by the workers to accomplish individual and authoritative desire. The skill-gap investigation model has been utilized to recognize the leader's skills to convey the strategic course. Right off the bat, a leader working in a perplexing climate will require skills in self-advancement. Organizations in the contemporary world work at fast and leaders must organize a break to zero in on them. Basically, this implies gaining some new useful knowledge or preparing. A leader may look for speedy learning encounters to get bits of knowledge on the best way to work with muddled people, handle troublesome discussions, and rouse representatives who appear hard to get persuaded. Self-advancement skills help a leader to turn out to be more purposeful. Besides, a leader must have skills in strategic reasoning. 2
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An association in the current society must be responsive and spry to change to stay powerful. A strategic methodology in leadership is basic to the idea of adequacy. A strategic reasoning leader takes a long-reach and expansive methodology when tackling issues and settling on choices that include arranging, examining destinations, and thinking ahead. Thirdly, skills in moral practice and civic-mindedness are fundamental for a leader. An association normally plots morals and civic-mindedness as composed techniques and policies which leaders should learn. A leader must acquaint themselves with the policies and strategies to get ready on the off chance that a moral circumstance emerges. At last, innovation skills are vital for a leader, particularly in the present serious market. The advancement of innovation skills must be a priority of the association, and the way of life must beginning with the leader. Imaginative skills are a decent path for a leader to change things and attempt other new ones. Remarkably, this could prompt extraordinary thoughts and astounding techniques, particularly in a difficult organisational scenario. Assess the Relationship between Existing, Required and Future Skills to Achieve the Strategic Ambitions The accomplishment of an association's strategic aspirations requires a viable connection between the current, required and future skills within the domain of leadership. The Skill-Gap Analysis model will be fundamental in estimating the current skills, creating skill profile, recognizing the gap in skills, building up an arrangement to close the gap, building up a vision, and assessing future skills. Relating the current, required, and future skills will guarantee that the association viably finishes its undertakings and works as indicated by its strategic bearing. Basically, this infers that the association will be working per its strategic objectives and targets with the direction of its mission and vision statements. As indicated by the skills examination, there are three skills that the association needs to improve in the following 3 to 5 years to achieve its strategic desire. Initially, the pioneer must have the skills to perform explore and get information that will help in making solid proof to the association's partners with respect to the issues being knowledgeable about the association. Besides, the pioneer must have viable correspondence with the right informing and outlining focused to the right crowd. Prominently, this will help fabricate mindfulness, change the staff's recognition, and move them energetically. At last, the pioneer will be needed to have skills in building a solid, drawn in, and diverse 3
organization base, which will intensify their impact. A pioneer can be a proficient backer, yet withbound togethernetworksandcoalitions,thereisahigherpossibilityofeffectively actualizing approaches that will upgrade the association to accomplish strategic desire. Making a relationship with accomplices and deciding how the affiliation can be commonly gainful will help in presenting accomplices to reinforce the messages used to impact the way toward improving the specialty unit. Task 2 Critically Discuss the Opportunities to Support Leadership Development As of now, the business associations work in a changing business climate that is portrayed byvulnerability,vagueness,unpredictability,andintricacy.Toguaranteeleadership development in such a scenario, it is necessary that pioneers must establish an open climate that tends to give importance to aspects such as variety, disclosure, and experimentation. Pioneers should likewise do iterative discoursed that give thoughts on the association's work, fortify nice dynamic, unload business challenges, and recognize powerless signs that identify changes in client dedication or innovation. Also, the authoritative climate can be influenced by the passage of new generations into the labour force, accordingly unfavourably influencing leadership development. There is a requirement for the old generation to change for the newcomers. The mostrecentgenerationoflabourforceisgloballycentred,visuallydrewin,socially characterized, and educationally changed. Accordingly, to permit integration into the work environment and to guarantee constant leadership development, abilities must be created that can ensure the development of productive and collaborative groups within the bounds of the business association. DesignaPersonalDevelopmentPlantoDirectLeadershipDevelopmentinaComplex Environment The personal development plan can be said to be the written documentation of the measures and course of action that are undertaken by an individual for the purpose of developing or enriching their personality. The development of this plan leads an individual to incorporate changes within their personality so that they can execute the duties within their job role in an effective manner as required by the company. Now the Personal Development Plan as prepared by the leader or the strategic manager of ABC Travels is as follows:- 4
Developme nt Action ObjectiveResources Needed MeasurementTarget Date Certifyasa professional senior manager. Completesenior management regimetrainingin preparation for the certification. Training Time Money Trainingcompleted successfully. 2nd Quarter Gain experience inthe management of a complex organisation al environment. Successfullylead the business unit in solvingacomplex organisational problem Assignment to organisation al management responsibiliti es. Feedbackfrom stakeholders. Experienced positiveoutcomes in the organisation. 4th Quarter Improve public speaking skills. Prepare and deliver aminimumof seven presentationstoa large audience. Time. Opportunitie s to present. Presentations completed successfullyand feedbackobtained from participants. 4th Quarter Readbooks onleading changeand leadingina complex environment. Leadthebusiness unittowards positivechangein theunderlying environment Time. Finances. Books. Completingreading thebooksand obtainingan analysis to show an understandingof the concepts. 1st Quarter Takea coursein leading Successfullyobtain strategicinsights tohelpinleading Time Finances. Successful completionofthe coursewith 2nd Quarter 5
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strategic change. the organisation.certification. Devise an Implementation Process to Underpin the Success of the Development Plan that Can Realise Substantial Changes in Leadership Style Effective execution of the development plan will need an adherence to a specific procedure in a bid to guarantee that considerable changes are incorporated within the style of leadership adopted by the pioneer of an organisation. Certain things should be placed into thought to guarantee the effective execution of the development plan. These incorporate putting time aside to reflect and avoid distractions, being methodical, building up a plan, looking into it routinely over the span of the year, and finding a person who will be unbiased while examining the development plan. Task 3 Critically Evaluate the Achievement of Outcomes of the Plan Against Original Objectives The development plan has enormously added to the exhibition of my capacity as the ranking director of the specialty unit just as the vital aspirations of the association. The development plan has assumed a key function in guaranteeing that my expert and self- improvement is focused on and sorted out. Strikingly, this, consequently, has empowered me to arrive at my short and long haul profession objectives just as fortifying execution through the arrangementofanorganizedmethodology.Furthermore,ithasgivenasystemthathas empowered me to distinguish my qualities and shortcomings, consequently controlling the capitalisation of existing abilities and capacities. Because of the development plan, I have improved my leadership abilities. The entire group is more propelled to accomplish the focused on objectives and improve the specialty unit's exhibition paying little heed to the intricate scenario encompassing the association. 6
Evaluate the Impact of Leadership Style and the Achievement of Objectives on Strategic Ambitions in Different Organisational Settings The style of leadership adopted by an organisation tends to have a direct cause and effect relation with the company and its overall success and progress in the long term. In addition to this, it has been analysed that a pioneer is held answerable for deciding the way of life, values, representative inspiration, and risk resistance. The leadership style decides the institutional key targets, including their execution and adequacy. An effective leadership style assumes a basic part in accomplishing an association's vital goals by impacting upon the individuals pertinent to the company in receiving the extreme rewards from the resources available within the bounds of the business association. Critically Review and Update the Leadership Development Plan It is important for the leader of an organisation to ensure that they take measures by way of which their progress and development can duly take place in the organisational premises. In this relation, it has been analysed that the leadership development plan is an effective of doing so in a bid to achieve the favourable outcomes. Now, when a leadership development plan is made, it is not necessary that the plan is suitably developed. This means that there are chances which indicate that there may be the need to review the plan such that the need for incorporating changes can be duly recognised. In this regard, the current leadership development plan has made a more noteworthy commitment to driving strategic change inside a mind boggling climate and improving public talking abilities. Notwithstanding, the commitment has been not exactly expected in increasing administrative involvement with a complex authoritative climate just as picking up accreditation for senior administration. The changes have come about because of an absence of appropriate planning of the development plan. Remarkably, this might be stayed away from in future by defining objectives for the development plan, making a course of events, distinguishing qualities and shortcomings, deciding abilities that should be learned, and making a move and estimating the advancement. 7
Task 4 Critically Evaluate the Impact of Corporate Commitment to Employee Welfare on Strategic Organisational Objectives The efficiency of the staff is exceptionally advanced by the staff welfare, wellbeing, and security measures. A portion of those welfare offices incorporate flask offices, accommodations, and the workplace. Also, staff welfare expands human assets' value through wellbeing and security measures, decreased pressure, and expanded solace at work. Compelling staff welfare givesproductiveandappropriateresults,rousestheworkers,andexpandsefficiency. Significantly, welfare plans help to make an effective, sound, fulfilled, and faithful labour force in each association. Outstandingly, this, consequently, guarantees that the representatives pursue meeting the strategic targets of the association. There are sure advantages of staff welfare, which guarantee that they are focused on accomplishing the association's strategic destinations. These advantages incorporate picking up the devotion of workers, augmenting their current level of morale and lessening the work turnover. Staff welfare additionally upgrades efficiency and competency among the workers and helps to maintain solid employment relations. DiscussHowanEmployeeWelfareEnvironmentCanEffectAchievementofStrategic Organisational Objectives The welfare environment of ABC Travels targets giving better wellbeing and life to the representatives. The workspaces are planned so they are agreeable and don't cause strain or torment. Besides, the association has fused a wellbeing program that urges the staff to eat well nourishments and to practice consistently. In addition to this, it participates in other welfare exercises, for example, giving free meals to the representatives, offering flexible working hours, offering free magazines and books, taking the workers on comprehensive outings and so forth. These initiatives inflate the morale and productivity levels of the employees. As a result of this, the employees get encouraged to give their best performance within the organisational premises. When the company takes initiatives to boost the morale levels of the employees and provide them with a suitable atmosphere to work, the employees start feeling valued and important. In this relation, it has been analysed that this tends to instil a sense of loyalty as well as dedication within them towards the organisation. In the long run, this leads to the accomplishment of strategic organisational objectives as laid down by the company formerly. This implies that 8
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laying down emphasis upon staff welfare initiatives and schemes provides assistance to the companies like ABC Travels to ensure that the workforce is positively motivated and thereby works in alignment with the strategic goals of the company. It means that the entity needs to constantly take measures with the help of which it can make sure that the workforce feels secure and dedicated towards the company in the long term. Determine the Influence of Corporate Commitment to Employee Welfare on the Development of Organisational Values that will Realise Strategic Ambitions Corporatecommitmenttorepresentativewelfarecanpromptthedevelopmentof authoritative values, strategic targets, and staff inspiration. Basically, staff welfare guarantees that representatives are fulfilled. Additionally, they feel battled with their current positions and appreciate working in that association for quite a while. Fulfilled clients are bound to pursue the accomplishment of the strategic destinations of the association. Also, staff welfare persuades representatives to build their profitability since they are presently more agreeable, and they feel that the association values their value. Additionally, fulfilled representatives are bound to cling to the authoritative values and ensure they use thosevalues in their everyday activities in the association. Staff welfare guarantees that the desires contained in the values are very much embraced by the representatives to guarantee expanded authoritative execution. Pioneers in different associationshave the perceptionthat staff welfare guarantees representative and customerfulfilment,dealsofitems,fulfilledstaff,andcolleagues,profoundlyinstalled hierarchical learning and information, and compelling progression planning. CONCLUSION On the basis of above discussion, it can be comprehensively stated that the strategic manager of an organisation is the one who provides the company as well as the employees working within it with the direction that can be opted for achievement of success and growth in the long term. In addition to this, it has been acknowledged that the strategic manager employed within the bounds of an organisation, irrespective of the size and scale of the company, is expected to manage the process of their personal development as well as evaluate the progress of their leadership development plan. Now, the strategic manager in an entity is considered to be the leader as they are known to provide the workforce with a suitable vision and direction in the domain of strategic management. It is important that such leader employed within the company 9
strives to realise the importance of carrying out development and growth of their personality. This makes them capable and instils within them, the potential of taking important decisions in complex situations in an easier and effective manner. For carrying out the development, it is important for the strategic manager to develop a personal development plan. This is a plan which acquaints them with the shortcomings in their skill set and competences. As a result of this, the plan seeks to incorporate measures by way of which the improvement in weak areas can be duly facilitated. When the strategic manager, or in other words, the leader of the company takes personal development in a serious way, it leads to enrichment of their overall professional development along with the progress of the enterprise as a whole. This in the long run accounts to augmentation of revenues as well as profits of the company as the entity is able to get proper guidance and leadership from the strategic manager. 10
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