Is Strategic Leadership Necessary to Effectively Manage Global Strategy in Today’s Essay

Critically evaluate whether strategicalalalal leading is prerequisite to effectively address world-wide outline in todays churning production line environs In todays purlieu, companies lead more(prenominal) and more flexibility to success in a chop-chop changing world which evolves constantly over the year. It is interesting to speculate if a strategic attraction is necessary to lead the phoner to the success and to fountainhead manage the spheric dodging of the firm. The term of attractorship is hard to ascertain and there atomic number 18 over 400 definitions of what it real is.Leadership sack up be in a poetic way, according to Warren Bennis, wish beauty its hard to define but you know it when you agnise it. Or in a more concrete way, we ass hypothesize that leading is a matter of making a difference. It entails changing an musical arrangement and making choices among plausible alternatives. It depends on the development of others and mobilizing the m to get the job do. (Useem, 2001). Consequently, strategic attractorship is the vision of the loss leader, the directions chosen by him to lead the company to the success. strategical Leadership consists in any case in persuading the members of the organization in gear up to go on an organizational structure whose aim is the strategic productivity. ( warinessstudyguide. com, 2010). This concept of strategic leadership is more and more important in a mount of world(a) dodging. Indeed, nowadays, it is more and more usual to globalize its company in cab art to gain in productivity and writ of execution. Thus, the global strategy of a company is somehow, a kind of strategic guide to succeed in the globalisation process.This is a guide which permits the company to go ahead the barriers to international trading by gaining competitive advantages according to (quickmba. com, 2010). A global strategy must ask itself some questions like what must be the presence on the market i n separately country? How to build an international global presence? Regarding to these two important aspects of a air, it is interesting to wonder if the strategic leadership is related to the global strategy and more precisely if the strategic leadership is necessary to success in globalizing its company within this churned-up chore environment.The strategic leadership may baffle an impact on the global strategy of a firm nevertheless, strategic leadership is some fourth dimensions subject to some issues which can impair the viability of the company and its potential success. Indeed, the leaders develop a lot of pressure, they have to deliver results and manage the personal, which is more and more complicated in a changing world monastic format by the development of new technologies which implicated more and more reactivity.And sometimes leaders can give mistakes, Gerald Ratner, CEO of Barclays Bank, has said in straw man of TV cameras and reporters that he didnt have a credit billhook beca practise its too expensive That wasnt very professional Thus, the bit of the leader is always a kind of a precarious note because he has to make decisions which will determine the success of the company. Charan and Colvin (The quest for tone of work life a TQM approach) highlight some strategic mistakes that a leader could make, some misjudgements which can lead to issues in term of strategic leadership.The first one may be mass related. Indeed mickle cant be underestimating, and sometimes it happens, people of an organization atomic number 18 the glue of this one, so it is necessary to understand people skills to have a harmony in the corporation, especially in terms of descents, according to flyer Donaldson and Tom Otoole (strategic market relationships from strategy to implementation, 200), personal contact cannot be underestimated. So it is crucial to have some strategic leadership to make sure that everybody is held at fair harbor.Moreover, anot her difficulty for the leader is to move over position the right people at the right place, this task requires a analysis of each people in the staff in order to place them in the job in which they ar the most good and in which they will work the best and do their best contribution. fit in to Buckingham and Coffman (1999) in their book First, Break All the Rules What The Worlds superlative Managers Do Differently, they put forward twelve questions which are really useful to put people in the fit job (bainvestor. om, 2010). some other people related problem can be the fail to get with coach-and-fours who are underperforming. The decision making process is also seen as a issue in strategic Leadership, some decisions are not make which can implied a cost in term of time and money. The leader has to use good tactics to make their decisions. The problem is that, according to Nutt (researchnews. osu. edu, 2010) a good tactic in decision making require time and leaders are looki ng for quick fixes, but over the bulky term, theses tactics turn out to be successful.Beyond these issues, the leaders have also to face some challenges in particularly concerning the environment which is changing. Lao Tzu says that resisting permute is like holding your breath if you persist, you die. The challenge that faces the leader is how to adapt them to a changing environment, and more precisely in this context of globalization, because the employee may feel suspicious relative to the change. This kind of barrier has to be destroyed by the leader by situateting objectives, having open discussions with employee or showing their commitment.Manage the employee is a challenge, but the nature of the strategic environment is another one. According to (airpower. au. af. mil, 2010), there are four components which can be seen as challenges to the strategic leader Complexity, Ambiguity, uncertainty and volatility. The leaders have to foreknow scenario to avoid volatility (ex Bosn ia/Kosovo), and to highlight the act of the competitors to reduce the uncertainty and the complexity of the interdependence of the components.Moreover, the ambiguity can be solved by functional in team this work will permit not to have multiple interpretation of one problem for pillow slip. As said before, the frugal world has change over the past few years, with notably the monetary crisis which has affect backing productivity. This event shows us that the situation can change one day to another. Thus Brigid L. Bechtold explains in his book Chaos conjecture as a model for strategy development, the necessity of putting in place news strategies to balance a random sparing situation.Moreover, the author emphasize the notion of interaction between the company which are now interdependent, a strategic leadership must deals with this situation in order to communicates and acts conscientiously, and notably in the case of bodily lifting. The integrated parenting has to set prior ity for the strategic leadership. Corporate parenting is a management which is intern to the company, no others actors of the market are taking in account there are no interaction with others actors such as competitors or buyers.The aim of corporate parenting is to give value to the firm, but these operations require money and collapse cost. There are three different types of this kind of management, strategic planning, strategic control and financial control. The strategic planning puts resources together in order to reinforce each vexation units to achieve a common goal, for subject providing central services and resources. The strategic control consist in using the corporate parent ability to build some value for the business and finally under the financial control type the corporate parent evaluate and ontrol the performance of each business unit (scribd. com, 2010 ), and then business units are more independent even if they are subject to performance standards. The corporat e parenting provide thus a clear image of the strategy to all the business units, managers can focus on the same goal. Moreover, a corporate parent can interfere and guides its business units if they are underperforming for prototype. As an example we can talk about Virgin which is the perfect example of a successful corporate parenting Robabdul. com, 2010Virgin was able to understand and institutionalize markets, but also in terms of innovation, by buying and created fusion with good skilled company. Moreover the management is flexible and gives flexibility to business units. (robabdul. com, 2010) But the corporate parenting can also destroy value quite of adding this one. (accessmylibrary. com, 2010), some might say that the destruction of the value is created by the take of corporate overhead costs, but even if these costs are high, it is not the principal cause of failure.The most often, the influence of the parent are bad, because they put in place invalid objectives and u nsuitable strategies. Thus, the managers have to use this strategic leadership of the corporate parents to develop the same and adequate strategy within the business units and the strategic leadership must be advised of the objectives given to ensure that they are realizable. In a context of globalization, this corporate parenting can face last issues which can impact on the global strategy.The globalization is a phenomenon which is more and more spread its a new way of working and in to manage people who scrape up from different countries, some authors had created some dimensions dealing with heathen dimensions and the different value orientations. Indeed the majority of these workers dont understand the attitude and the reactions of their colleagues because of the culture which includes different ways of thinking or acting. A strategic leadership has to leverage on cultural difference for competitive advantage.To create opportunities of collaborationism a strategic leader mus t understand the management philosophy and the national character, to help this, Greet Hofstede created dimensions (hofstede. com, 2010) which permit to analyze and understand people from a different culture. A good strategic leadership is indispensable to manage these cultural gaps, because culture can be assimilating to the crusade force beyond a man behavior.To succeed in a multicultural environment, the leaders must adopt the concept of global leadership, (Managing cultural differences global leadership strategies for the 21st century, by Robert T. Moran,Philip R. Harris,Sarah Virgilia Moran, Butterworth-Heinemann, 2007 ), they have to be capable of operating in the globalized world and being respectful of each culture, he must be flexible and open in order to perceive and understand people reactions. Companies have also to take premeditation of what they said, if they didnt pay attention to their slogan, they can get into trouble, thus the slogan of American Airlines F ly in Leather has been translated in Spanish by fly naked (brandingstrategyinsider. com, 2010). To have this open-minded spirit, the relationship between management and strategic leaderships must be defineThe leadership, and more particularly the strategic leadership are the eyes of an organisation, they have to see what is coming, to anticipate the prospective in order to give the opportunities to the company to create the future. Instead, the management, according to the figure, is more about execution. Indeed, the management deals with organization, they follow and accomplish the mission given by the leadership, they have to comprehends the vision and the road map (relationship-economy. com, 2010).A good example of the relation Leader/manager is the invention of the creation of the iMac by Apple. 2-speed. com, 2006) The ex-CEO of Viewlogic relates its incident all the work on the iMac was done, the product was about to be launched when Steve Jobs, a great leader, require that the case for the computer has to be transparent. This resulted in redundant cost and engineering work had to be restarted because it has to be pretty either. This story shows well the differences of vision between a leader and a manager Steve Jobs has seen the importance of the design over the long term and put the lascivious of Apple competitive advantage. Relationship-economy. com, 2010In this climate of economic uncertainty, the role of the strategic leadership within the global strategy is important notably mouth of the globalization phenomenon which is playing a major role in the business environment of today. Strategic leaders are necessary because they are the passion of the company, the guide of the managers. As seen before, in terms of corporate parenting, strategic leadership plays a crucial role in the success of the different business units, but sometimes, it happens that the influence of this one compromise the viability of the different business units.globally spea king, a company has often resort to internationalize itself, to succeed in this way a strategic leadership must be set, in order to understand and leverage of cultural differences. Concerning the relationship between the relationship between management and strategic leadership, they have a special relationship, on could not function without the other. Whitout the execution of the ideas of the strategic leader, these ones would be useless.These two concepts are interdependent, the management deals with organizing, planning and answers short terms questions, while conversely, the strategic leader responds to long terms issues and determines the position of the company and its strategic direction. The strategic leader must communicate to the company values. He should increase the belief of employees in the company and be transparent and involve them in their role. It must be open in order to speak freely of market information, because employees emergency to know where the company is g oing and want to know what the leader knows.It is also important for the leader to take into account the opinions of everyone. Indeed even if the decisions that are not suitable with the wish of the employees, having been listening reinforce their membership to the business. still if there are bad decisions making by some strategic leaders, (notably speaking of the CEO of the banks which didnt pay attention to the mistakes that they have done and start the financial crisis), they are necessary in the global strategy of a company but some strategic leadership can be at the origin of failure and being not adapted to some kind of company.Thus strategic leadership is important to manage global strategy to give confidence and to innovate in the turbulent environment. But to avoid some mistake the management can be stricter and let more place to concrete work instead of plainly ideas in order to stabilize and create a secure environment for the business.Referenceshttp//www.quickmba.com/ strategy/global/http//www.managementstudyguide.com/strategic-leadership.htmhttp//www.cmoe.com/strategic-leadership.htm