Management and Leadership: Organizational Vision and Strategy Report

This report delves into the critical aspects of leadership and management within an organizational context, emphasizing the creation and achievement of organizational vision and strategy. It analyzes key factors influencing vision creation, including market forecasts and senior management goals, and identifies the essential leadership skills required for strategic development, such as market analysis and resource management. The report explores various approaches to vision development, highlighting the importance of stakeholder involvement and creative thinking techniques. It also examines factors impacting vision communication to external stakeholders. Furthermore, it includes a self-assessment of leadership capabilities and a professional development plan, focusing on enhancing creative thinking and problem-solving skills. The report emphasizes the significance of personal development in improving leadership effectiveness and the ability to manage complex business challenges. The study includes a detailed professional development plan to improve skills and capabilities.

Running head: MANAGEMENT
Management
Name of the Student
Name of the University
Author Note

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Table of Contents
Introduction:...............................................................................................................................3
Task 1:........................................................................................................................................4
Task 2:........................................................................................................................................5
Task 3:........................................................................................................................................6
Task 4:......................................................................................................................................11
Conclusion:..............................................................................................................................11
References:...............................................................................................................................13

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Introduction:
The organizational leadership is gaining considerable amount of importance in the
modern world of business and that is evident with the urge faced by the companies in the
effective restructuring of their hierarchy. The increasing intensity of the business competition
has certainly affected the companies and that is visible with the application of different
market related business strategies. The application of the competitive pricing policy,
attractive marketing and promotional strategies, quality improvement strategies along with
efficient human resource management strategies is seen to be pretty prominent in the modern
world of trade relations. According to the esteemed opinion of Jing, Avery and Bergsteiner
(2014), the success of the companies in the effective management of their business activities
under the intense business competition, is seen to be largely dependent on their ability in
communicating their vision to the employees and the other stakeholders associated with the
business.
Apart from this, Taylor Cornelius and Colvin (2014) claimed that the ability of the
companies in managing the detrimental impact of the business competition is based on the
capability of their leaders in providing visionary leadership. The study analyses the factors
that play an important role in the creation of the organizational vision along with the
identification of the different approaches that can be applied for the development of vision.
Apart from this, the study precisely elaborates the importance of the leadership in the
organizational context and includes a self –assessment on my ability in becoming an efficient
leader. With a precise look at the self- assessment, the study provides an efficient
professional development plan. In addition to this, the study also identifies some important
information required for the evaluation of the progress that I am expected to achieve during

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the professional developmental activities. Along with the evaluation, the study summarizes
the benefits that it will bring for my professional improvement in near future.
Task 1:
Factors that affect the creation of the organizational vision:
With a precise consideration to the formation of the organizational vision, it is evident
that three most important factors that affect the creation of the vision are the market forecast,
urge of the senior management in reaching newer heights and the scope of growth that the
business and the other stakeholders associated with the business are expected to achieve.
According to Partlow Medeiros and Mumford (2015), the formation of a feasible
organizational vision is considerably dependent on the market insights and at the same time,
the vision statement reflects the urge of the senior management of the companies in the
enhancing the span of their business. As per the comments of Baumgartner (2014), majority
of the companies are observed to portray the possible growth that the company will achieve
in near future not only for itself as a business entity but also for the stakeholders associated
with their business activity. Hence, these three are the important factors that shape the
organizational vision.
Skills and knowledge of leadership required for the creation and achievement of the
organizational vision and strategy:
With a precise consideration towards the techniques that are applied for the
development of the strategy and vision, it is understandable that the knowledge regarding the
management of that particular business activity is one of the top most requirement for the
companies in developing a feasible vision. Along with that, the leaders are required to inherit

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the knowledge of their organizational resources as that will be significant in the development
of efficient strategies. The capability of the leaders in achieving important inputs regarding
the infrastructure and resources of the companies place them in a better position for the
formulation of the operational activities and the business level strategies. As the effective and
sequential achievement of the operational activities lead towards the formation of a feasible
organizational vision, it becomes important for the leaders to identify the organizational
capability for the much required development of the strategy. Hence, the ability of the leaders
in analysing the internal capability of the companies, the skill of evaluating the market
insights, the ability to interpret the market forecast and skill of managing the human
resources along with infrastructures in a professional manner, are considered to be the
important skill and knowledge requirements for the formulation of the organization and
efficient business strategies.
Contribution of other factors:
Apart from the above mentioned factors, there are some personal skills that help the
leaders in the development of the vision and the organizational strategies such as the
transparency, honesty, sense of ethics, flexibility, compatibility along with boldness (Chuang
2013). The incorporation of the transparency and honesty in the development of the
organizational strategy plays a significant role as it increases the acceptance of vision and
strategies framed by the leaders. Along with that, the incorporation of the business ethics in
the formulation of the vision and the organizational strategies is crucial in making sure that
the framed strategies and the vision is associated with lesser amount of risk.
Task 2:
Different approaches of developing a vision:

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According to Pugna and Boldeanu (2014), the importance of developing an efficient
vision is notably high for the growth of the companies. Pugna and Boldeanu (2014) further
added that the vision is crucial for the companies in realizing their ultimate goal and that
creates the necessity of developing a “feasible” vision. As per the comments of Martelo
Landroguez, Barroso Castro and Cepeda-Carrión (2013), the development of a feasible vision
follows an approach where the employs and the other stakeholders of the business are an
integral part. The required activities for the application of these sort of approach are the
brainstorming activities amongst the relevant stakeholders of the business, creative thinking
exercises which includes the practice of Osborn checklist, six thinking hats or Green and Red
Light thinking. In addition to this, the success of the companies in developing efficient vision
is largely dependent on their ability in prioritizing the variables, application of the lateral
thinking techniques, visualization along with improvisation. Hence, the effective
accomplishment of all these activities enhances the strength of the approaches used for the
development of the vision.
Factors that affect the communication of the vision to the external stakeholders:
One of the important factors that affect the communication of the vision to the
external stakeholder is the conflict of interest of both the parties (Shaw and Barry 2015). The
business leaders and the managers are seen to face considerable amount of difficulty in
anticipating the diversified interests of different stakeholders and in such situation, the
communication of the vision to the external stakeholder is observed to face considerable
amount of challenges. Other than this, the acceptance level of the vision amongst the external
stakeholders of the companies, is seen to be largely dependent on the facts and figures or the
market insights that support the framed vision. The depth of the market insights is an
important factor that influences the communication of the vision to the external stakeholders
of the business. Along with that, the presence of transparency in the formation of the vision

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or the incorporation of the ethics in the developed vision play an important role in the
communication of the vision to the external stakeholders of the companies.
Task 3:
Introduction:
The leadership and management is an integral part of the business management. As
mentioned earlier, the companies are facing the necessity of restructuring their business
activities in such a manner that they achieve the much required financial sustainability. In
such situation, the role and responsibility of the business leaders in efficiently developing
new products, continuously improving the quality of the products and services that they offer
to their customers, effectively managing the training and developmental needs of the
subordinate employees, is of great significance. According to the comments of Rothaermel
(2017), the management is important for the companies as it enables the organization to
utilize their resources in a professional manner for the much required achievement of the
goals or objectives of the companies. In addition to this, Thorpe (2016) claimed that the
concept of the management is a process which includes the formation of objectives,
evaluation of the competitive environment, assessment of the internal capabilities of the
companies along with the evaluation of the success of the companies in the improvement of
their business activities.
The personal development plays an important role for the modern professionals as it
provides the scope to the modern professionals in the improvement of their skills and
capabilities. My personal development will be crucial for me in gaining the idea of the
weaknesses that I have and the threats that I may face in the effective management of my
operational activities in the position of the business leaders. The professional development
provides me the scope to improve my ability in the managing the complex business

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challenges which is a much required skill for the modern leaders. Along with that, the
continuous professional development is important for me as it improves the overall
effectiveness of the leaders through developing new and required skills in my array of
capabilities.
Persona skill audit:
With a precise look at the skill requirements of the modern business leaders for
effective creation of the organizational vision and the strategies, it is evident that I am in a
better position in considering the opinion of each and every stakeholders of the company in
the process of developing the vision for the company. As per the esteemed opinion of Stam
(2013), the success of the companies in managing the efficient implementation of the
organizational vision and strategies is largely dependent on the involvement of their
employees and the other stakeholders associated with the implementation of the vision and
the strategies. The formation of a strong rapport with the employees of the company through
involving the employees in the vision development procedure is certainly important for
achieving the vision and implementing the strategies. My ability in applying the participative
management is significant as it enables me in developing a strong rapport with the other
stakeholders of the company. On the other hand, the lack of creative thinking skills is major
drawback for me as it limits my ability in incorporating innovative and creative ideas in my
leadership. The skill of creative thinking is observed to be crucial for the modern leaders in
developing solutions that suit the varying parameters of the business environment and that
certainly highlights the importance of the mentioned skill amongst the modern business
leaders. Hence, the improvement of the creative thinking skill is a major developmental need
for me.

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One of the important skill requirement for the modern managers is seen to be the
ability of motivating other employees. As the accomplishment of the organizational vision
and the professional implementation of the organizational strategies are largely dependent on
the team performances, it becomes important to motivate the employees on a collective
format for the much required improvement of the performance both in the aspect of quality
and quantity. I consider efficient sourcing of the ideas for motivating the professionals to be
an important opportunity for me in enhancing my quality as a leader. Other than this, the
problem solving skill is seen to be significantly important for the business leaders in
neutralizing the primary obstacles that they face, in creating the vision and the strategies.
Having said that, the lack of practice of the problem solving skills is a major threat for me in
developing the organizational vision and strategies that are aligned with the growth of the
company.
Professional Development Plan:
Objectives Activities Timeframe
Professional development of
the skill of creative thinking
The importance of the
creative thinking in the
development of the
organizational strategies and
vision is pretty prominent.
The suitable activities for
the improvement of the
creative thinking skill are
the practice of Osborn
The objective requires to be
accomplished within 12
weeks.

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checklist, Six thinking hats
or the green and red light
thinking (Paul and Elder
2019).
Improvement of the
knowledge regarding the
motivation theories and the
organizational practices for
the same.
With a precise
understanding of the
importance of the
motivational theories and
the necessity of the practices
in the modern business
organizations, it is evident
that the knowledge of the
motivational theories and
practices are much required
for the modern leaders. For
my own improvement, I
consider sourcing
information regarding the
motivational theories such
as Maslow’s hierarchy,
Herzberg two factor theory,
ERG theory from literature
will be significant (Cherry
2013).
The objective requires to be
achieved within 8 weeks
from now.
Enhancement of my ability For the improvement of my 12 weeks’ time is sufficient

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in applying the problem
solving skills.
problem solving skills, I
should start the practice of
problem solving techniques
such as the Fishbone
diagram or cause effect
analysis (Dobrusskin 2016).
This will certainly place me
in an advantageous position
in tackling the primary
challenges that I am
expected to face prior to the
formation of the
organizational vision and
strategies.
for me in achieving the
desired success.
Task 4:
Conclusion:
One of the important part of the professional development is the evaluation of the
progress with the implementation of the professional development plans. The review of the
success from the implementation of the professional development plan is crucial for the
modern business leaders as it enables them to gather knowledge regarding the required
improvement for the desired enhancement of their skills and capabilities as a leader. The
techniques that can be applied for the evaluation of the success is pretty simple. With a look
back at the developmental activities, I consider the progress reports framed for reviewing the

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success that I achieved during the creative thinking sessions to be important for my
assessment of success. Along with that, the business reports framed for evaluating my
knowledge in developing the rewarding policy and other value added benefits for motivating
the employees will be significant for the assessment of my progress in acquiring the
knowledge regarding the motivational theories and practices. Apart from this, the evaluation
of the improvement of problem solving skills will require professional assessment of my
operational activities prior to the formation of the organizational vision as that will certainly
portray the progress that I am able to achieve with the developmental activities. The
assessment of the progress will be achieved with the application of the analytic evaluation
process.
Considering the benefits of review, it would be justified to comment that the
evaluation of the progress will be associated with considerable number of benefits. The
evaluation of the progress will be important for me in acquiring the knowledge of
improvement that I have achieved. The review will also be crucial in educating me regarding
the work that is yet to be done in improving my ability as a leader. Along with that, the
evaluation of the progress is crucial for me in increasing my knowledge regarding my
suitability in developing a progressive vision for the company and the relevant strategies that
can be applied for the much required accomplishment of the vision along with placing the
company in a better position for the desired achievement of the financial growth. Hence, it is
understandable that the review is important for me in improving my personal and
professional capabilities towards the efficient formation of the organizational vision and
strategies along with the improvement of the leadership.