Personal Development: Leadership & Strategic Management Analysis

This report provides an analysis of personal development for leadership and strategic management, focusing on its importance for career advancement and organizational growth. It includes an analysis of knowledge and skills, a review of leadership and management theories, a personal skills audit, and objectives for meeting personal development needs through a Personal Development Plan (PDP). Additionally, the report examines factors impacting the creation of an organizational vision, approaches to develop such a vision, and the benefits of tools for aligning organizational and personal strategies. The report also covers progress made in personal development, with references to books, journals, and online resources.

Personal Development for
Leadership and Strategic
Management

INTRODUCTION
Personal development of individuals is very important for leadership and strategic
management as it can help them to attain growth for career advancement. With the help of it
skills and knowledge of persons can be enhanced so that their personal as well as organisational
goals can be achieved. Aim of this assignment is to develop understanding of essential
requirement of personal development for leadership and strategic management. Harris Hall is a
recruitment agency where a senior manager is recently is being registered who have decided to
take responsibility of strategic management in an organisation. For this purpose various topics
are discussed under this report which includes analysis of knowledge of skills, review of
theories, personal skills audit, objectives to meet personal development needs and PDP. Along
with this, factors impacting creation of organisational vision, approaches to develop the same,
benefits of tools to attain organisation's and personal strategy, report covering progress etc. are
also covered under this project.
TASK 1
Analysis of knowledge and skills in leadership and strategic management
A guidance is being sent by Harris Hall to the senior manager which includes some tasks
that are required to be completed. It requires an analysis of knowledge and skills in leadership
and strategic management which can support to create and attain organisational vision and
strategy. All these skills and knowledges are described below:
Delegation: For all the managers it is every important to have quality of delegation
towards their work so that they can formulate appropriate strategies which can help to reach the
long term business objectives. Delegated managers tends to be more creative about the procedure
of formulating strategies for betterment of organisation in which they try to attain organisational;
vision.
Decision making abilities: For strategic managers it is very important to be able to make
effective decisions as it can help to create and achieve vision of the organisation successfully.
They make judgements according to situation of the company and then formulate strategies so
that business goals can be attained effectively.
Forward looking: In order to form and reach to the vision of the organisation it is very
important for strategic managers to be able to look forward so that they can analyse that their
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company will be able to achieve success in future or not. This skill of managers is required to
create vision and strategies and achieve the same as with the help of it they can estimate future
situations which may take place and form decisions to deal with them effectively.
Accountability: This skill is required to analyse that the actions which are going to be
taken by the company, will be successful or not. It helps strategic managers to account all the
activities which are conducted by the organisation for the purpose of creating vision for entity
and formulate strategies to reach to the same.
All the above described skills are required to support the process of creating vision and
strategies to achieving the same. It can help strategic managers to take strategic decision for
betterment of the company. If managers are not having such skills then it will become difficult
for them to create vision and strategies to attain success for business entity.
Assessment of contribution that factors other than skills and knowledge in leadership and
strategic management
There are various types of factors that are contributing in leadership and management for
the purpose of creating strategies and vision and achieving the same. A description of all those
elements are as follows:
Human resource: For all the business entities it is very important to have human
resource so that employees can work accordingly to reach the vision. With the help of workforce
strategies that are formulated by managers can be implemented which can contribute in the
attainment of vision. It is very important for strategic managers to communicate with workers
and aware them regarding organisational vision in order to motivate them to enhance their
engagement rate.
Financial resources: For the purpose of achieving vision it is very important for an
organisation to have sufficient funds which is required to execute business operations. For
strategic managers it is very important to analyse that company is having appropriate monetary
resources so that the vision which is set by the company is achieved or not.
Technology: While creating vision it is very important for strategic managers to take
latest trends in to consideration so that requirements of clients could be met effectively. With the
help of it long term objectives such as business expansion, customer satisfaction can be achieved.
If managers are not able to take latest technology in to consideration then it will become difficult
for them to reach the vision of the organisation.
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Market situations: It is also a factor which helps to create strategies and vision and
achieve them because strategic managers in all the business entities have to focus on market
situation while formulating vision. With the help of it they assess the situations which can affect
organisation's ability to execute business operations and generate higher profits.
All the above described factors contributes in the formulation and achievement of vision
of the organisation. Strategic manager take all of them in to consideration while forming decision
for betterment of the company as they want that long term business goals can be accomplished
successfully. Ignoring them while creating vision can result in huge losses for the company in
monetary as well as non monetary terms.
Review on the theories of leadership and management and assessment of the implication for
personal development
TASK 2
TASK 3
TASK 4
TASK 5
CONCLUSION
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REFERENCES
Books and Journals:
Online
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