Leadership & Strategic Management in the 21st Century PDF

Leadership & Strategic Management in the 21st Century 0
Assignment Title: Leadership in the 21st century and strategic
development of organisations.

Leadership & Strategic Management in the 21st Century 1
Contents
Introduction................................................................................................................................2
Critical Literature Review..........................................................................................................2
Conclusion..................................................................................................................................6
References..................................................................................................................................7

Leadership & Strategic Management in the 21st Century 2
Introduction
Leadership has been a very confusing concept for the scholars and the various
definitions stated by them in the past were always inadequate in some or the other way. Each
scholar has a different take on leadership, some described it as a power to dictate, and some
explained it as the capabilities to go against the cultural norms to commence an evolutionary
change. All these opinions exhibited the lack of perceptions of the scholars. But by the
emergence of the 21st century, there were some authors who identified the change in the
business environment and examined leadership with a more refined and effective perspective.
Though in the 18th and 19th century, there were authors who described leadership as a positive
influence on others that helps in solving problems and achieving the objectives of an
organization. Now in the current times, leadership has gained a lot of prominence and also
because it is viewed with a different perspective in the 21st century. The involvement of
leadership in every aspect of the organization states its significance in the strategic
development of an organization. The strategic development of an organization involves a
number of processes that an organization has to conduct appropriately for the development,
and each process highlights the requirement of effective leadership. In this assignment, a
critical literature review will be conducted on the leadership in the 21st century and the
strategic development of the organization. The critical analysis will display the relationship
between the leadership in the 21st century and the strategic development of organization and
this will also display a comparing and contrasting evidence that will help in building a better
informative study.
Critical Literature Review
According to Hays & Christoper, the nature of leadership in the 21st century is
holistic. The leadership of the 21st century is based on four important factors that include
globalization, knowledgeable workers, technology and diversity (Hays and Christopher,
2012). The main change that has occurred in the leadership of the 21st century is the
perception that was only centered towards an individual has been changed and shifted to a
group. In simpler words, the leadership of today has its main focus on collective leadership.
Collective leadership can be explained as the accomplishment of collective goals rather than
individual, with the help of collective actions that are in coordination due to the effective
utilization of the leadership. Now, in an organization, the strategic development in the current
business environment can be conducted only if the leadership has a main focus on the four