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Strategic Leadership: Skills, Challenges, and Influence

   

Added on  2023-06-07

12 Pages2940 Words262 Views
Leadership ManagementProfessional Development
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Running head: STRATEGIC LEADERSHIP
Strategic Leadership
Name of the Student
Name of the University
Author’s Note
Strategic Leadership: Skills, Challenges, and Influence_1

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STRATEGIC LEADERSHIP
Table of Contents
DQ 2: What is strategic thinking? What are your strongest strategic thinking skills?....................2
DQ 3: How are you personally navigating the key leadership challenges in today’s VUCA
world?..............................................................................................................................................4
DQ: 4: What is strategic acting? How effective have you been in acting strategically?.................5
DQ 5: How could you strategically influence your organization?..................................................7
Reference List:...............................................................................................................................10
Strategic Leadership: Skills, Challenges, and Influence_2

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STRATEGIC LEADERSHIP
DQ 2: What is strategic thinking? What are your strongest strategic thinking skills?
Hughes, Beatty and Dinwoodie (2014) stated in an occasion “Strategic thinking involves
the cognitive and social processes that lead to a shared understanding of the complex
relationship between the organization and its environment. It also involves using that
understanding to set the direction for the organization’s future.” After making an in-depth
environmental analysis along with business status it is evaluated that organizations need to make
proper business strategies in order to meet customers’ needs and demand (Richard & David,
2014). As per the opinion of numerous eminent scholars, the overarching term strategic thinking
signifies the process based on which the business experts review business policies and strategies
for meeting current market demand (Church & Silzer, 2014). In order to run the business process
the strategic thinking skills that are identified within me include:
Provide valuable decisions in different perspectives:
As a business manager I have observed that one single decision taken by me keep
immense value in rendering business profitability and goodwill. In order to overcome various
hurdles creating at the workplace managers have to take decision intellectually so that employees
do not get affected in providing effective services (Ketchen & Short, 2015). On the other hand,
the business manager should have the capability of changing their decision as per current market
trend.
Incorporate both logic and emotional intelligence within business:
Business managers should be logical and strategic in order to reach the peak of success.
At the same time, they cannot avoid emotional and sympathetic outlook towards the stakeholders
Strategic Leadership: Skills, Challenges, and Influence_3

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STRATEGIC LEADERSHIP
(Dragoni et al., 2014). For an example, employees face immense challenges at the workplace
regarding their culture and language barrier. I as an efficient manager have never treated those
employees with negligence. I have maintained non-verbal communication with those persons
who are not comfortable in maintaining verbal communication. In addition, in case of any kind
of assistance employees get systematic approach on behalf of me so that they do not get
motivated in providing quality services (Stetler et al., 2014).
Adapt new market trends and render innovation:
Business managers should have the strategic skill of adapting new market trends and
reviewing business policy by following that trend (Morse, 2014). Rending business innovation is
always necessary for maintaining sustainability (Hubbard, Rice & Galvin, 2014). As a result, I
have decided to change strategy within organization as per the demand of different situations. As
a result, both the employers and the employees would get equal benefits.
What are the weakest strategic thinking skills? How could you develop your strategic thinking
skills?
While evaluating my weakest strategic thinking skill I can ensure that I take time in
taking right decision at the time of sudden crisis raised at the workplace. For an example, in case
of any technological barrier the entire flow of business loses its rhythmic flow. In this kind of
situation, I as an efficient business manager need to take an immediate step to control customers
as well as internal stakeholders. However, these kinds of crucial time are very tough for me to
handle by taking appropriate strategic decision. I need to gain more confidence and experience
for overcoming this kind of situation.
Strategic Leadership: Skills, Challenges, and Influence_4

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