Leadership
The Role of Leadership in Developing and Implementing Strategy
The role of a leader is important in the determination and implementation of strategy within an organization. The potential impact of a leadership maybe seen with many examples; one is the return of Steven Jobs to the role as CEO of Apple when the firm was struggling. Jobs returned to this role in Apple in 1997 when the firm was struggling. It was under the leadership of Jobs, that the firm adopted a new strategy, rebuilding the image of Apple and developing the lifestyle product range starting with the iPod and iTunes (Stone, 2011). As well as increasing market share the success may be seen in the capitalization of the firm which increased from $5 billion in 1997 to $350 billion in 2011 (Stone, 2011). Another example may be seen when Howard Schultz returned as CEO to Starbucks in 2008, a time when the firm was struggling (NBC News, 2008). Under Schultz the firm rebuilt their brand value and halted the los of customers to competing firms.
These examples prove the difference leadership can make, but what role did the leader actually play in the turnaround? Drucker (2006) describes leaders in a complex fashion; he argues that a leader is an individual that is more than a manager and cannot be defined by characteristics alone. Leaders, he argues, will have followers...
Strategic positioning is the positioning of an organization (unit) in the future, while taking into account the volatile environment, plus the systematic recognition of that positioning. The strategic positioning of an organization includes the planning of the desired future position of the organization. On the basis of present and foreseeable progress, and the making of plans to realize that positioning. The strategic positioning method is devised from the business world. The method
Strategic Choices at HD Motorcycle Corporation Harley Davidson's strategy to become a successful organization The corporate strategy is developed in accordance with the business strategic vision and mission. The organizations also establish business strategy to respond internal and external elements of their operating environment. Harley Davidson is an organization that has a long history of operations and also faced challenges from external and internal environments. The business has also adopted changes
Therefore, the leaders job become to endorse new strategy and provide resources for the implementation (Boal, 2000). Second, most business strategies fail not because the strategy is inherently flawed, but because the strategy is not properly aligned with the organization's leadership or culture. Therefore, the key tasks of leaders are to create a sense of urgency and ensure that corporate strategy is aligned with the culture of the organization. In this
Leadership Styles It is highly likely that I will be able to develop high quality leadership traits with the passage of time. Values and personality: It is hard to become familiar with your personality because you cannot see the flaws in yourself. No matter how hard you try the positive aspects will come forward leaving the negative ones far behind. But observing yourself every once in a while is the key to success.
Strategic Framework in BP-Deepwater horizon accident One of the most eminent names in the oil and gas industry is British Petroleum, considered as the largest provider of oil and gas to its customers for transportation, energy for heating and light and retail services for petrochemical products globally. The financial and operational picture of the company's performance is illustrated in table1 below. Performance at a glance for 2010 Facts and figures Sales and other operating
Summary of Recommendations 1. Goals of the recommendations to the Board of Directors for AMR Research: a. Seek to stabilize the firm during turbulent economic conditions b. Capitalize on the growth potential of Web 2.0 technologies and social networking. 2. Starting with competitiveness a. AMR needs to create greater levels of process-based expertise that is relevant to enterprise accounts b. Transform this expertise and use it in the context of assessing and evaluating vendor clients' strategies. 3.
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