Stragetic Management Essay

3374 Words 14 Pages
Stragetic Management

1. Introductiom
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USQ MGT8039 Strategic Leadership S2, 2005 Study Book (p 1.11), sighted that Hoskisson, Hitt and Ireland (2004, p.37) defined strategic leadership as “the ability to anticipate, envision, maintain flexibility and empower others to create strategic change as necessary… managing through others, managing an entire enterprise rather that a functional subunit”.

2. Critical Analysis
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Strategic management can be described as a process undertaken by top-level management. Thomson el all (2002, pp. 3-15)) elaborate that strategic management is process about defining the purpose of existent of an organization, formulating a long term strategy to fit the
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Nicholls (1994) also added that strategic leadership of an organization requires equal attention to both paths finding and culture building. He further explained that in “performing this strategic role, strategy formulation and strategy implementation are no longer sequential and separate but are subsumed in the complementary leaderships of path finding and culture building”.
Strategic thinking (Bonn, 2001), decision making (Harrison &
Pelletier, 1997) and culture building (Nicholls, 1994) which are associated with human cognitive capability and behavior, required strategic leadership approach in developing and capitalizing these aspects of human resource to support and ensure the success strategic management process.

Even though the above observations were made to support the author stance, it would presumptuous to conclude that the practice of strategic leadership would ensure the success of strategic management.
Richardson (1994) in his “strategic configuration” model, explained that the domain of strategic management consist of many components, which includes, decisional processes, environmental circumstances, critical problems, political situation and leadership style. These components according to him, are multi-facet and interactive and the effectiveness of the “strategic configuration” are dependent upon the deployment of all of the components.

3. Conclusion
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By definition,

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