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Relationship Between Leadership and Strategic Management | Report

   

Added on  2020-01-07

11 Pages2915 Words223 Views
STRATEGIC MANAGEMENT AND LEADERSHIPSTUDENT NAME:STUDENT ID:PROFESSOR NAME:1

Executive SummaryThe report focuses on the relationship between leadership and strategic management alongwith impact of different styles of leadership and strategic management on organizationaldecision. In the project, different types of leadership theories and strategies are discussed.Current leadership strategic planning of Big Bear Limited is discussed and a report on thedevelopment of the leadership styles is presented in the report. Cost leadership strategy,democratic strategies are discussed in the light of Big Bear Limited. Importance of differentstyles of leadership in different situation is presented in the report. Strategic managementneeds to include leadership styles according to proper scenario, in this respect a futurerecommendations has also been provided. 2

Table of ContentSection A....................................................................................................................................4Task 1.........................................................................................................................................41.1 Relationship between leadership and strategic management...............................................41.2 Impact of leadership styles on organization’s strategic decision.........................................51.3 Different leadership styles in different situation..................................................................6Section B....................................................................................................................................7Task 2 Impact of selected theories on leadership and management..........................................7Task 3 Review of leadership and management for development..............................................8Conclusion..................................................................................................................................9Reference List..........................................................................................................................103

Introduction This assignment will put light on the relationship between strategic management andleadership and their impact on development of an organization. Strategic management andleadership play precious role in organizational development. This report is going to focus ondifferent strategic management theories and their implication on the development. Role ofleadership will also be discussed in this assignment. The relationship between leadership andstrategic management can become a key point to develop the future of an organization. Fewtheories will be discussed that have impact on the organizational development. The problemstatement is to discuss the impact of leadership and strategic management on theorganizational development. Overview of the company: Big Bear Limited is a food retail company of UK. They are oneof the largest food retailers of the United Kingdom. In order to develop their business theyhave owned few other small companies. Sugar puffs, Fox’s Confectionery, Paynes Poppetsare the companies that they have owned. Big Bear got the recognition of Raisio group inearlier 2011. Section ATask 11.1 Relationship between leadership and strategic managementStrategic management is done for extracting the best result from the resources, and capital ofthe company. In strategic management, there is discussion on the marketing, manpower andfunction of the company. The management need to design an appropriate strategy with theavailable resources and capital of the organization. They need to find out some unique andprofitable strategies to develop the future of Big Bear Company. Leadership is a part of strategic management. Leader’s job is to bring together all the groupmembers of the company for a effective implementation of the strategic plans. Leadership isquality that skilled a person with the power of persuasion and communication. These qualitieshelp a leader to lead their team in a efficient way (Bolman and Deal, 2014, p.245). Leadership and strategic management have interconnection within them. Leadership is a partof the strategic management group. It does not prove that leaders can work independently.However, they need to strictly follow the strategic planning that are done by the management4

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