Strategic Leader Assignment 2022

Running Head: STRATEGIC LEADERS 0
Strategic Leaders
Top Management and Corporate
Governance
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STRATEGIC LEADERS 1
Introduction
A strategic leader is one who focuses on the company’s growth by rational use of available
options and position by taking corrective actions. They require high-level of commitment and
work involvement, and are flexible. The strategic leader stands for making the best decisions
where they are able to find the best possible solution for accomplishing the future goals of the
company. They have the skills to deal with customers and managing the workforce in the
company and motivate them to work effortlessly; they have the communication skills to
attract the clients. The company has a supreme driving force to increase profitability and
growth where strategic leaders work on an active role in the company and take it to the right
path for success by motivating employees and telling them about their responsibilities
(Nevins, 2019).
The company aims at attaining a goal to achieve the success where strategic leader plays the
role of surveying the current marketplace and to look for growth opportunities. Strategic
leaders use an approach to consume some skills for a long period of time, provide excess
encouragement to their followers, co-workers, and teams. They have clear ideas about the
future and think outside the box; bold (Nevins, 2019). In this essay, the aim is to know the
importance of strategic leaders’ differentiation and its effects on the company’s performance.
Strategic Leadership
Strategic leaders need to be focused on planning and directions. The activities they perform
are making decisions, identifying patterns and managing risks. According to Langley (2017),
visionary leadership focuses on the personal image of the future as they make changes by
their own experience. Directive leadership focuses on structure and process to work stepwise.
Nurturing leadership focuses on strengthening others by supporting them and motivating
them to use their potential. Collaborative leadership focuses on cooperation while executing
structures the strategy by the involvement of other decisions rather than working on their own
(Langley, et al., 2017).
Strategic Leaders
Nowadays, change is natural in every business where companies keep on changing their own
plans to become more active and flexible. Strategic leaders are to maintain the operations
efficiently according to the change required. They help companies to achieve long-term
objectives while facing daily challenges which may impact on company’s success. The

STRATEGIC LEADERS 2
features of strategic leaders are their ability to balance ideas and implementation, they are
limitless learners, they have a cooperative mind-set, and they are a transparent and data-
managed decision-maker (Beatty, 2016).
Strategic leaders help in achieving the success of the company by their actions, courage to
face challenges and evaluation of data with feedback. They can be CEO, executives,
managers and senior leaders based on their skills, perspectives, and behaviours (García‐
Sánchez & Martínez‐Ferrero, 2019).
Strategic leaders determine about the people, patterns, how money is made, and interest for
external trends; positions disorderly questions and challenges existing conditions; considers
various options and takes a wide outlook; frequently balances short-term and longer-term
decisions and consequences; balances the regular interest of stakeholders like investors,
employees and customers; and maintain self-awareness of own strengths, weaknesses and
developmental trends. The strategic leaders are the one who has the skill to use current
movements and information to update future results as well as identity and decide on
adjustments for challenging needs for the success of the company (Kriger & Zhovtobryukh,
2016).
The strategic leaders can be top-level executives who create an organizational structure, use
resources optimally and define a strategic vision. They work with external difficult problems
in an uncertain environment. They encourage employees in the company to follow their own
ideas and make it motivating and productive for them by using a reward and incentive system
so that they can give a better quality performance (Adithipyangkul & Leung, 2018).
To become a strategic leader, it is important to think, act and influence strategically. Strategic
thinking means understanding the relationship difficulty between the company and its
environment. The knowledge can help in decision-making which leads to the company’s
success. Strategic acting meant to take constant involvement with directions ignoring
difficulty, uncertainty, and confusion. Strategic influencing means to work with the
company’s strategic direction of building assurance by engaging others into the strategic
process, maintaining relationships and using systems (Beatty, 2016).
There are tools to help strategic leaders to attain their targets by delivering values to clients,
to create organizational change, to develop a strategy for the future, and to help in the
expansion of any start-up, to speed up transformation, development through innovation.

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Firm performance: The performance of the company is measured by the efficiency and
market where it operates. According to Storey (2016), it includes financial stability, the
relative value of competitors, functioning and outcomes. It increases with the power of
implementing activities to survive in a competitive business environment which includes
social, political and economic development. The performance mainly focuses on the ability
and capability of the company to competently achieve the availability of resources for
undertakings constantly with the set objectives by the company. The major factors of a firm’s
performance include competitiveness, success, and productivity (Storey, et al., 2016).
Use of tools by strategic leaders; Source: (Jacobson & Gill, 2014).
Type of Leaders: The types are the artists who are creative and focus on change for a better
future; provide comfort to employees and keep thinking about the new ideas. The athlete who
believes in competition and their target to achieve the goals and targets; they need to win and
look for opportunities to solve problems; they have the power to compete. The sage who
believes in cooperation and move with involving the needs of others as well and shares
knowledge while interacting with members focuses on managing the conflicts and making
decisions by maintaining strong relationships through understanding and building trust; they