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Leadership Strategic Management : Assignment

   

Added on  2020-01-15

11 Pages3075 Words163 Views
<Developing Strategic
Management and Leadership
Skills

Table of Contents
INTRODUCTION & BAckground......................................................................................................3
TASK 1.................................................................................................................................................3
Introduction to leadership...........................................................................................................3
Analysing the impact of management and leadership styles in Nexus.......................................3
Evaluate adaption of leadership style in Nexus..........................................................................5
TASK 2.................................................................................................................................................6
2.1 Impact of management and leadership in Nokia and Samsung............................................6
TASK 3.................................................................................................................................................8
Future leadership strategy for Microsoft.....................................................................................8
CONCLUSION....................................................................................................................................9
REFERENCES...................................................................................................................................10
Appendices.........................................................................................................................................11

INTRODUCTION & BACKGROUND
Strategic management is the initiating planning, analysing, assessing and monitoring of
business activities. It is done to achieve the objectives and goals created by the organisation.
Strategies are created to meet the major goal or initiative taken by the management in an
organization. Leadership refers to the art of getting work done from subordinates or colleagues in a
company (Hill, Jones and Schilling, 2014). It can be termed that it is an action taken by a person
who is known as the leader of a respective group. The report sheds light on the strategies taken by a
leader in Nexus over the time to meet the objectives of the organisation.
TASK 1
Introduction to leadership
Strategic management refers formulated and creation of strategies in the organization. It is
vital for an organization to create strategies to achieve the goals and objectives of the organization
(Simons, 2013). In order to formulate strategies the firm requires assistance of a leadership style or
theory. Leadership style are used by a leader who tried to implement strategic change in the
organisation. It is the leader who is responsible to achieve the targets created by the top level
management. On the other hand management of a company is done by the human resources. It can
be said that it is the ability of the leader to bring development and growth in the organisation.
Leader will initiate those actions that have to be taken by the employees in order to meet with the
deadline of the strategy. He/she will motivate and guide the employees so they can feel attached
with the work culture of the company. New strategy can only be created when the firm is able to
meet with the deadlines of the old strategies. The leader will make sure to enhance employee
participation so that they can adapt themselves with the changing environment (Kapferer, 2012).
This is because while implementing strategic options in the organisation, there are many changes
that comes along with the same. The employees and staff must be confident enough to understand
and achieve the targets set by the top level management.
Analysing the impact of management and leadership styles in Nexus
Management styles is referred to as the ability of a manager to make decisions or strategies
for the organisation. Whereas, leadership style is the quality possessed by a successful leader. They
provide direction and help in implementing strategies in the organisation (Eden and Ackermann,
2013). The impact of different management and leadership style on Nexus are discussed below as
followed.

Figure 1: Leadership style
Autocratic style: These leaders and managers make decision alone without including team
members or employees in the decision making process of the company. They do not pay
much regard to their colleagues as a result only the opinions of the manager are reflected in
the decision making process. The impact of this style is very negative on Nexus. Employees
feel demotivated as they are not involved in the decision making.
Democratic style: In this style the manager and the leaders allow the employees to
participative in all the strategic decision taken for the organisation (Slack, 2015). Every
decision is taken only when majority of the employees agree by the same. Even in complex
situations employees try to associate themselves with the organisation. This is because they
feel participative and encouraged to achieve long terms objectives of Nexus.
Participative style: A participative leader or manager understands the importance of
employee participation. He/she may make decisions by his own choice but considers taking
suggestions from the employees. However, participative leadership has a positive impact on
the employees as they feel that their opinions matters to the managers or the leader.
Persuasive leadership style: In this particular style the manager or the leader share the
traits of an autocratic person (Swayne, Duncan and Ginter, 2012). The entire control over
the decision making are with the manager or the leader only. The manager or leader will try
to persuade or convince employees about the decision made by him/her. This style requires
retaining control by influencing employee’s thoughts and ideas.

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