BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Strategic Planning
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Strategic Changes
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Strategic Customer
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Strategic Leadership
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Detailed explanation-1: -Strategic leadership is a leader’s ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future for the organization. 2. Ultimately, strategic leadership is the responsibility of the CEO and top management. 3.
Detailed explanation-2: -The matrix points to four different kinds of leadership: silent leaders, questioning leaders, answering leaders, and conversational leaders. It is important that leaders identify their own type and critically reflect upon its implications.
Detailed explanation-3: -Strategic leadership is ‘the ability to anticipate, envision, maintain flexibility and empower others to create strategic change as necessary’. They focus their time and attention on activities and decisions that will improve business results.
Detailed explanation-4: -Strategic leadership is a practice in which executives, using different styles of management, develop a vision for their organization that enables it to adapt to or remain competitive in a changing economic and technological climate.
Detailed explanation-5: -Leadership is influencing people-by providing purpose, direction, and motivation-while operating to accomplish the goals and improving the organization.