Leadership and management strategic decision-making

Leadership and management strategic decision-making are two different approaches used to add value to an organization. Even though they have opposing methods of how things should be done they are interlinked to compliment one another. Leadership decision making  is focused on educating and empowering while management focuses on the implementation of the objectives that have been set forth by the organization.

Leadership

Leadership is an essential part of a business because it profoundly impacts how strategic decisions are made within an organization. Leadership is a guide to empowering personnel by trust, transparence, training, and communication (Kumle & Kelly,2018). When you provide employees with a vision of what can be achieved in the future objectives of the organization it helps to motivate them. Leadership helps to inspire team members within the organization to be involved in making the vision become a reality. Having inspired employees keeps them engaged which makes them feel better knowing that their contribution matters, and in return it benefits the company's competitive advantage with increased productivity and profitability. Leadership encompasses accountability of a team environment where everyone is responsible for their part, this dynamic works through trust and support (Kumie & Kelly, 2018). 

Management

Management is different from leadership because it focuses on organizing, implementing, and measuring goals needed to meet their situational objectives (Forbes, 2016). Managers rely on a standardized structure that is provided through the organization, and rarely deviate from what is required of them. In management the main focus is on protecting the company and not the people, their main objectives are monetary gains through achieved goals (Kumie & Kelly, 2018).  Managers meet with employees to individually address goals and make sure that they are following directions (Forbes, 2016). Management would prefer hiring outside talent more qualified for rapid growth rather than train existing personnel that are unqualified and incapable of meeting organizational objectives (Thompson, 2016). 

Conclusion

While both leadership and management strategic decision-making are necessary for organizations to be successful there must be a balance of the two. Even though they are approaching objectives in different ways they are both equally important to the culture of the organization. If you do not have employees that are highly motivated, then your company will suffer through poor performance and it will result in a high turnover rate. These thing can cause a company to lose a competitive advantage over industry rivals. With regards to leadership when employees are educated and empowered they become highly motivated because they know that their contribution plays an important part to the success of the organization. Leaders provide a long-term vision where they want the company to go in the long-term and managers are there to ensure the requirements are being met in the short-term, therefore they are vital to an organizations success.

References

Arruda,W. (2016). 9 Differences Between Being a Leader and Manager. Retrieved from https://www.forbes.com/sites/williamarruda/2016/11/15/9-differences-between-being-a-leader-and-manager/#36f17fea4609

Kumle, J., &Kelly, N.J. (2018). Leadership Versus Management Supervision, 79(1), 6 

Thompson, A.A., Peteraf, M.A., Gamble, J.F., and Strickland, A.J. III. (2016). Crafting and Executing Strategy. The quest for a competitive advantage, concepts, and cases (21st E.D.). McGraw-Hill Education.