When running a successful company, leaders and managers must work hand in hand to make sure things are running efficiently and effectively. Leaders and managers play important roles when assisting in running a company, but there is a difference between leadership and management and their strategic decision making.
Before I go on, my position on leadership and management is that before learning the differences between the two, I honestly thought the two were the same and had the same roles and responsibilities. After doing my research, I do understand the two are different but to me they are still lead roles or positions. According to Maccoby, leadership is a relationship between leaders and the led that can energize an organization whereas management is a function that must be exercised in any business (Maccoby, 2000). Leaders and managers differ by the way they motivate the people who work with and around them. Leaders create a vision and turn it into reality by inspiring, encouraging and engaging their people. Managers focus more on setting, measuring and achieving or exceeding goals. Being a leader and a manager takes patience and experience which not everyone has. An example of a leader is some one who can lead an individual or a group to success. And it is not only success, but it is also about teaching and passing down knowledge. Dr. Martin Luther King, Jr. was a great leader who influenced and inspired people to stand up for what they believed in. An example of a manager is someone who assists the leader. A coach who assists his athletic director is an example of a manager because they will assist the coach in leading a team to win by putting in the work.
When it comes to having strategic leadership and decision making, a strategic leader utilizes decision making teams as a powerful asset. Leaders use their teams to improve their decision making and to solve problems. In the long run, effective strategic leaders employ a strategic team to help them in the visioning process and gain insight into how to achieve long-term objectives. A leader gets everyone involved in this process.
In management strategic decision making, it is about setting goals, the actions needed to achieve those goals and resources and actions that will be used to get there. Strategic management activities transform the static plan into a system that provides strategic performance feedback to decision making and enables the plan to evolve and grow as requirements and other circumstances change (balancedscorecard.org).
Leadership strategic decision making can impact the lives of individuals, communities, competition, markets, society, and culture. In doing my research, I read in an article that “strategic leadership and decision making occurs within environmental contexts, both internal and external, and it is significantly influenced by the leader who, as an individual, possesses skills, abilities, filters, biases, and “baggage”. Also, coping with the strategic environment requires understanding different cultures, different kinds of national objectives, and different means by which other nations aspire to achieve their objectives which leads to competitive advantages for the U.S.” (Fernandes, 2009).
References
Maccoby, M. (2000). Understanding The Difference Between Management and Leadership. Retrieved from https://eds-b-ebscohost-com.libauth.purdueglobal.edu/eds/detail/detail?vid=1&sid=6a4fb97d-72f8-4fb9-9fce-10b4057ea0b6%40pdc-v-sessmgr06&bdata=JnNpdGU9ZWRzLWxpdmU%3d#AN=edsjsr.24132373&db=edsjsr
Fernandes, T. (2009). Strategic Leadership and Decision Making 2. Retrieved from https://eds-b-ebscohost-com.libauth.purdueglobal.edu/eds/detail/detail?vid=1&sid=b5df0007-e442-4318-adb0-0af72603b683%40pdc-v-sessmgr03&bdata=JnNpdGU9ZWRzLWxpdmU%3d#AN=269911&db=nlebk
Strategic Planning Basics. (n.d). Retrieved January 30, 2019, from https://www.balancedscorecard.org/BSC-Basics/Strategic-Planning-Basics
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