Personal Development for Leadership and Strategic Management

This document discusses personal development for leadership and strategic management. It covers topics such as knowledge and skills required, factors contributing to achieving organizational vision and strategy, theories of leadership and management, SWOT analysis, personal development objectives, and more.

Personal Development for
Leadership and Strategic
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Knowledge and skills in leadership and strategic management ..................................................1
Factors that will help in achievement of organizational vision and strategy other than skills and
knowledge ...................................................................................................................................2
Theories of leadership and management .....................................................................................3
TASK 2............................................................................................................................................4
SWOT Analysis...........................................................................................................................4
Objectives for meeting personal development needs ..................................................................5
Personal Development plan ........................................................................................................5
TASK 3 ...........................................................................................................................................7
Factors that impact on creation of organisational vision ............................................................7
Different approaches to developing vision..................................................................................8
Factors that impact on communication of vision to external stakeholders..................................9
Factors needed to gain commitment of internal stakeholder ......................................................9
TASK 4 .........................................................................................................................................10
Benefits of review and tools that will be used in achievement of personal and organizational
strategy.......................................................................................................................................10
Sources of information needed for reviewing progress by achieving personal development
plan ..........................................................................................................................................10
TASK 5..........................................................................................................................................11
Reflection of personal development plan .................................................................................11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Strategic leadership refers to providing a vision and mission to company that will help in
achieving objectives in the future. It is important for an organization to make goals and
objectives so that it will help in growth.
Present study will be based upon Charles and Keith company (Dong and et. al., 2017). It
is a Singaporean fashion footwear and accessories company that was founded by Charles &
Keith Wong in 1996.
Report will mainly include knowledge and skills in leadership and strategic management
that will require for achieving organizational vision and strategy. Different factors that will have
contributed towards skills and knowledge and theories of leadership and management. It also
includes leadership skills and knowledge that helps in achieving organizational strategy.
Furthermore, it will include factors that will have an impact on organisational vision and
different approaches for developing vision.
TASK 1
Knowledge and skills in leadership and strategic management
Skills that is required for becoming strategic management are as follows:-
Delegating:- A strategic leader will be delegating as they are focused on vision and mission that
will help in achieving objectives of Charles & Keith. It is the most important skill that will be
possess by different strategic leaders for achieving growth in the company.
Communication:- This is another skill that have to posses by leader in the company. It is
important for leader to easily communicate with its subordinates that will facilitate in doing work
effectively for the future.
Problem Solver:- leader must be able to solve problem of its subordinates as it is important for
solving problem of employees in Charles & Keith (Eva and et. al., 2018). This will help in
strategic thinking that will be providing different perspective for the future.
Clarity and decisive: The leaders must be clear about the goals or objectives that they are
portraying, and they must be quick in taking correct decisions (Rothaermel, 2016).
There are many other skills that a leader must have such as motivating employees, correct
planning, dealing with emotional intelligence, conflict management, enhancing communication
at different levels and planning adequately and justifiably.
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Above skills will help in achieving organizational vision and strategy that will be
facilitating in the future. In Charles & Keith a leader must have knowledge regarding policies
and procedures that will be adopted in company. A leader must have knowledge about
company's operation that will be facilitating different perspective for achieving success in the
future. This will help in gaining different perspective as leader must have both technical and non-
technical knowledge for running its operation smoothly without any breakdown.
Skills such as motivation of employees and the exercising and implementation of
emotional intelligence also contribute to the better performance of the employees as they are able
to increase their performance by providing them better incentives or motivational basis.
Additionally, when the managers and leaders are able to resolve the conflicts that arise at the
workplace effectively without decreasing the morale of the company, they can develop a
workforce that is more loyal and has higher performance level amongst the organization. When
the employees feel that they are respected and they are satisfied with the manner in which
conflicts are addressed, they align their interests with that of the organization’s thus making the
entire process profitable.
Factors that will help in achievement of organizational vision and strategy other than skills and
knowledge
Organizational structure is one factor that will be help in achieving organizational vision
and strategy as if working environment of the company will be depend on the structure that will
be followed by Charles & Keith. As if it will adopt flat organizational structure then every level
of management will be interacting with each other easily that will create a good working
environment.
Another factor is organizational culture as there are different employees that are coming
from different culture as it includes values, norms and beliefs that will be followed in the
company. If both organizational structure and culture is good then it will help in achieving vision
and strategic goal of Charles & Keith (Bolden, 2016).
The financial situation of the company is one of the major contributing factors for the
developed of strategies that can assist in achieving the desired vision. Charlie and Keith has its
headquarters in Singapore and their annual revenue is estimated to be at $400 million (Gopee
and Galloway, 2017). The company is spread throughout the world and deals mainly in the
footwear and accessories retailer.
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Political uncertainty further affects the implementation of the strategy and since the
political environment of Singapore is currently stable and facilitating, this will further contribute
in achievement of the vision.
However, the factors and strategies that have been developed need to be backed up with
proper human and physical resources i.e. there must be availability of adequately skilled
employees who can achieve the objectives by implementing the strategies thus developed.
Lastly, the instability of the markets can also pose a major risk for the company where too much
movement in either direction might not lead to achievement of the objectives intended.
These factors also have negative impact on the company as if proper structure and culture
is not being followed in the company that will affect its operation in the future. Risk is also the
biggest factor that will create discrepancy in achieving organizational objectives for the future.
There is always risk that will bear by a starter for gaining more profit and productivity. Without
risk business cannot be run properly as there are many factors that will affect functioning of
Charles & Keith. Therefore, these factors will also help in achieving vision and strategy.
Theories of leadership and management
Hersey and Blanchard Theory
This theory will be mainly emphasize on maturity level of its followers and also adopting
situational style of leadership. This consist of four group of employees such as low maturity,
low-medium, average maturity and high maturity that will help in determining maturity level of
followers.
Low maturity:- In these employees are not willing to perform good according to task ans in this
telling leadership style is being followed.
Low-medium maturity:- According to these employees are willing but they are not able to
perform task. Selling leadership style will be followed by management under Charles & Keith.
Average maturity:- Employees are capable but unwilling to do task that will enhance
participating style of leadership (Bell and Harrison, 2018).
High Maturity:- Employees are performing task that is being given to them and in this
delegating style of leadership is followed. This theory will help in achieving different perspective
that will be able to gain different aspects of Charles & Keith.
Transformational leadership Theory
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This theory will mainly emphasize on bringing new ideas and innovation into the
company that will changes in Charles &Keith. Leader will be focused on making improvement
in business operations that will bring transparency in doing work. This will help in gaining more
competitive advantage in the marketplace as company is bringing changes time to time according
to market.
Transactional Leadership: This theory can be used to gain compliance of the followers by
giving them rewards as well as punishments. The leaders at Charles and Keith should avoid
implementation of this theory in the long run but it can be implemented for achieving short term
goals.
Tri- dimensional leadership: This theory gives three dimensions i.e. personal dimension,
interpersonal dimension and organization dimension and the leaders can implement this to lead
from their own strengths (Willis, Clarke and O'Connor, 2017). This is the most innovative
leadership that can be implemented in Charles & Keith assisting in bringing innovation in the
leadership thus implemented.
Charismatic Leadership: This style influences the people into agreeing to whatever the leaders
purports, or they are encouraged to think in the manner similar to that of the leader. At Charles &
Keith, this tactic must not be implemented because this tends to brainwash the thinking of
employees forcing them to think in a particular manner.
Situational Leadership: Here, a leader is motivated to take decisions on the basis of individual
situations rather than being rigid and this is the best style that leaders at Charles & Keith can
adopt.
TASK 2
SWOT Analysis
Swot analysis is being done for identifying strength, weakness, opportunity and threat of
an individual for surviving in the market.
Strength
My communication skill is the biggest strength that will help in attracting more
customers towards company that will lead to increase sales in the future. Another skill is problem
solving that will help in gaining trust of employees in company for the future. This will help me
in future for expansion and growth in business (Koohang, Paliszkiewicz and Goluchowski,
2017).
4

Weakness
My biggest weakness is my decision making skills is not good as I am not able to take
decision for the company. This will create problems in business as decision making is the
important part that will help in increasing efficiency for the future.
Opportunities
Getting promotion in company will be opportunity for me in future growth in business.
There are different factors that will bring more opportunities for future course of action. It is
important for me grab opportunities that will facilitate in getting into different sector and having
expansion in the future.
Threats
Competitors are the biggest threat for mine as other employees are more efficient as
compared to others in the company (Storey, 2016). I have to do practice so that threat will be
reduced and help in gaining different aspect of company.
Objectives for meeting personal development needs
 I want to become successful that will bring efficiency and effective in the work
for future course of action.
 By providing good quality product I will satisfy needs and wants of customer.
 I want to improve my decision making skill that is very necessary in gaining more
knowledge and helps in involving more into business operations.
 I want to achieve objectives and goals that will be creating different aspects for the future
course of action. It is important to achieve goals and objectives that will help in building
relation between employees (Goldman, Scott and Follman, 2015).
 I want to improve my decision making skills that will helpful for me in the company.
 I have to become active listener that will bring efficiency in doing work in Charles &
Keith.
 I have to provide different perspective that will be bringing new ideas and innovation into
the company for future course of action.
 Organization needs will help in gaining effective leadership strategy that will help in
increasing profit for the future.
Personal Development plan
Skills Target Strategies Outcomes Time period
5

Decision making
skill
I have to
emphasize on my
decision making
skills as early it
can be possible so
that will help in
my work that will
improve
efficiency for the
future (Packard
and Jone, 2015).
I will read the
autobiographies/
biographies of
successful people
to learn from their
success and
failures i.e. how
they took
decisions
It will be
knowing that
every aspect will
need some time
that will help in
bring efficiency
for future where I
will be able to
take better
decisions.
2 months
Emotional
Intelligence
I have to make
habit of
acknowledging or
developing
perception
regarding how a
particular
decision will
impact the
employees.
In order to
develop this, I
will join a
mentoring class
where I will be
taught how I can
be more intuitive
of the other
persons feelings.
When I will
understand what
are the emotions,
I will be able to
deal with
employees in a
more flexible way
accordingly.
1-2 months
Strategic thinking I have to think
strategically that
will help me in
taking decision
for the future.
This will help in
thinking in
strategic
perspective for
It is important for
thinking in
strategic manner
as that will help
in improving
efficiency in
doing work.
I am able to think
at some extent
strategically that
will help in
building different
ways as there are
various sources
that will help in
thinking
3 months
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the future (Mittal
and Dhar, 2015).
strategically. This
will enhance way
of thinking and
building strict
segments that will
be facilitating in
gaining
appropriate
decision.
TASK 3
CV for manager
Brain Kelly
Carl Stewart , GT road, House no.2 , Singapore
Contact no.: 0218965734
Brain.kelly057@ beetee.com
Professional Summary
A qualified and motivated strategic management with having experience while doing several
projects regarding different approaches that will be used in company. Able to beat competitor
in the market for achieving goals and objectives.
Key Skills
 Communicative
 Leadership
 Positive attitude
 Strategic thinker
 Problem solving
Experience
 Supporting managerial decision that will providing effective use of resources
 Coordinating all activities include administrative
 Implementation of software
Education Qualification
B.com Singapore management university 2011
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MBA Singapore management university 2013
Factors that impact on creation of organisational vision
There are several factors that will have an impact on making vision for the organization
are as follows:
Specificity:- It is difficult sometime to make specific vision for the company. While making
vision of Charles & Keith it will be considered to make a specific vision so that it will help in
easy understanding to other people if vision is not specific then it will not be understand by
people for the future course of action.
Honesty:- It is another factor that will be considered while creating vision for the future as it is
important to make a honest vision that actually Charles & Keith wants to achieve as manager of
the company have to make vision based on practical thinking (Litano and Major, 2016).
Personality:- Vision that is being made will match with personality of manager that are making
vision for the company. It is important that vision will be influence the personality that is made
by it.
Flexibility:- It is important while making vision for the company as it facilitate flexibility in
different operations that will help in making decisions for the future. It is also important to
provide flexible vision that will be changed according to different perspective for taking into
account as they will be able to match various perspective.
History of organization: Charles &Keith have been an immensely successful company and
therefore the strategic vision can be achieved by the strategies adopted for the company.
Skills and ambition of leadership team: This is the most crucial aspect that can affect decision-
making heavily. Charles and Keith have capable leaders and managers.
External and internal business environment: This influence the policy formulation and
decision-making as well and the Pestle a well as SWOT analysis tools prove that currently the
environment in which Charles & Keith are operating is very powerful (McCaffery, 2018).
Capacity of the organization: The targets should not be beyond the achieving capacity and this
can be done at Charles & Keith by ensuring that the standards set are realistic.
Anticipating potential barriers: Environmental scanning tool can be used where the changing
trends and the potential barriers can be identified beforehand so that policies can be implemented
timely.
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Different approaches to developing vision
There are different approaches that will help in developing vision:-
 Top down approach, and bottom up approach can be adopted where the decisions are
made and implemented by the top management which are conveyed to the bottom
management and in return, they give feedbacks and suggestions to the top management
for further improvement.
 Timing, clarity and specific delivery of the changes that are to be made and other
instruction is the key in making employees understand the purpose of change.
 The quality of information that is being conveyed must be kept in mind before taking
decisions accordingly.
 The representatives who are presenting the information or are engaging in conversation
must have complete information.
 If there is any cultural diversity than it should be respected and decisions should be
conveyed accordingly.
 There should be proper channel for gathering feedbacks form employees who will
actually implement the changes conveyed.
 Employees a all level should be involved in the entire process.
Factors that impact on communication of vision to external stakeholders
There are several factors that will have greater impact on communication as external
factors that are including suppliers, society, government, creditors, customers etc. All these are
having a negative impact on business operations that will be creating various aspects for the
future. As if in market if the prices of supplier will increase then competition will be increased
in the market that will help in improving different segments that will create different perspective
for the future. Government is also important factor that will affect different segments for the
future course of action (Sparrow, Hird and Cooper, 2015). As there are different segments that
create different stakeholder that will be beneficial for success in the future. As these will have
greater impact on communication vision that will be providing under different system for the
future.
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Apart from this, the size of organization, organizational development, the respect and
prevalence of different cultures and diversity, the complexity of boldness of vision i.e. the
different aspects that it covers, the communication systems of the organization, i.e. dissemination
and cascading processes are some of the key factors that can affect the manner in which external
parties perceive the vision to be.
Factors needed to gain commitment of internal stakeholder
Internal stakeholders will help in providing different aspect that will lead to decrease
various impact for doing perspective that will be beneficial for the company in the future. As
communication vision will be achieved by providing different aspects that will be creating a
segment for the future course of action. As there are various internal stakeholders such as
employees, manager that will be providing different perspective to company in achieving various
goals that will be defining in different segments of the company in the future.
TASK 4
Benefits of review and tools that will be used in achievement of personal and organizational
strategy
It is important to gain skills and knowledge that will be providing in the future course of
action. As through communication skill it will help in interacting with more employees that will
be providing different aspect to the company for the future course of action. There are several
skills that will help in gaining growth and development in Charles & Reith company.
Improvement in skills will help in enhancing knowledge for the future. As there will be different
perspective that will affect different operations. Problem solving skill will help in building trust
between leader and its followers that will create different segments for the future. All these skills
will help in gaining more knowledge that will be improving different techniques for the future in
the company. Skills that will be emphasizing different skills that will bring efficiency and
effectiveness in Charles & Keith. Decision making skills that will help in bringing various
aspects for the future. As decision making skill will help in taking decision for the future. This
skill will help in developing different perspective for company. As there are different strategies
that will be creating various perspective in company as through this growth and development of
company will occur and that will lead to increase profitability and productivity.
The review can also assist in improving the performance and enhance the learning from
the experience that one incurs so that the positive experiences can be used for better decisions
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and negative experience can help in avoiding repetition of the same mistakes twice (Bush, Bell
and Middlewood, 2019).
Further, there are certain points that must be added at the end of review such as the key
milestones, the beginning and ending of task, at the end of a meeting or after the conclusion of a
difficult problem.
Sources of information needed for reviewing progress by achieving personal development plan
As decision making skill will be analysed by mentor, and tutor that will provide
knowledge regarding decision making skills. There are various factors that will be evaluating
personal development plan in the company. Communication skill is also improved as that will
gain by taking into account different perspective that will be providing various classes that will
help in gaining different sources that will be needed for future purpose in the company (Renko
and et. al., 2015). As I have developed difficult perspective that will be providing different
segments for the future course of action. There are various segments that will be providing
different sources that will be provided aspects for the future course of action. There are different
segments that will be creating various aspects for providing personal skill development in the
company.
There are certain measures that can be adopted such as:
 Appraisal outcomes will help in critically evaluating the impact of the outcomes.
 360-degree feedback systems will assist in taking feedbacks of the employees which will
help in conducting honest review.
 Client and Staff/colleague/superiors feedback is the most important tool in understanding
satisfaction level of various stakeholders.
 Personal observation helps in identification of faulty areas.
 KPI helps in setting up certain standards and comparison of actual with standard can
assist in effective review.
 Business results help in actually portraying the changes that the company was able to
achieved and the success can be effectively reviewed.
TASK 5
Reflection of personal development plan
From the personal development plan it can be said that my decision making skills is
improving as I have used different strategies to get a better result for the future. In future also I
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am trying to improve various perspective that will help in gaining different perspective. As I am
trying to interact with people that will help in providing different ideas that I can use in my
decision making skills for the future. There are different perspective that will help in growing
business for the future course of action. As my adaptability skill will also improve as I am able to
adapt changes that will be occurred in the company in future course of action. My strategic
thinking will also improve as I am able to take strategic decision for the company. In future it
will be beneficial for the company a strategic thinking will help in achieving goal for the future
in the company. There are various features that will have greater impact on decision making as
there are various factors that will be helpful for the future. Skills will help in providing different
aspect that will be creating for the future as it is important to develop skills for the future.
CONCLUSION
From the above study it can be concluded that skills and knowledge plays an important
role that will help in gaining various aspect in the company for the future. There are different
aspects that will be help in evaluating various segments for the future course of action. As it is
important in achieving organizational goals and objectives for the future course of action. There
are different segments that will be help in gaining more skills improvement and task that will be
included for the future course of action. It is important in achieving organizational goals that will
be facilitating as different aspect will be fulfilled by making strategic vision for the company.
There are different theories of leadership and management that will be required for the future.
There are different strategies that will help in evaluating different segments that will be
providing knowledge and skill to employees.
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