Strategic Management and Strategic Leadership

Thesis Statement:

Strategic management is an approach to how an organization creates their future by adapting to the environments around them. Whereas, leadership is an element or part of management that deals with strategic thinking and carrying out the vision, mission and general policies.

Opinion on the Impacts:

The decisions made by management can have an adverse or a positive effect on their employees, community and other interested parties. What we do and say today will impact others in some form or another. Making clear, solid logical decisions are critical for the wellbeing of interested parties.  The culture created will be the forefront of a company and an image that will be realized by others.

As stated in “What’s under the hood? the mechanics of leadership versus management”, “While management and leadership do have their philosophical differences, they both share the common element of attaining goals”.(Zimmerman, 2018) With this we see that both have their respective roles but must come together to reach their goals.

Differences between:

Leadership is a skill of leading other by example and management is an art of organizing and coordinating things in an efficient way. For example, in leadership a leader builds trust and inspire others with and management controls with managing activities. With leadership core principles and guidelines would be established whereas, policies and procedures would be created by managers.

Closing:

Although there are some differences, leadership and management strategic decision-making are critical for a strategic plan and are closing tied together one is not possible without the other as Leadership is an element within Management.

Thank you,

Jeffrey

References:

Zimmerman, E. L. (2018). what’s under the hood? the mechanics of leadership versus management. Supervision, 79(10), 13. 

Thompson, Arthur. Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases.