unit 2 revised Flashcards
(8 cards)
Define strategic leadership.
A person’s ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate change that will create a viable future for the organisation.
What characterises the great leader’s view of strategic leadership?
CEOS believed they alone were responsible for strategic leadership, functioning in isolation and using a top-down approach.
What characterises the great groups’ view of strategic leadership?
The organisation is seen as a community with strategic leadership distributed among diverse individuals
List three components of strategic leadership.
Exploiting and maintaining core capabilities
Developing human capital
Sustaining an effective organisational culture
Emphasising ethical practices
Determining the company’s vision
What is strategic intent?
Envisions a desired leadership position and establishes the criteria the organisation will use to chart its progress
List three attributes of strategic intent.
- Sense of direction
- Sense of discovery
- Sense of destiny
List 4 focus areas of a mission statement.
- Reason for the organisation’s existence
- Strategy in terms of the nature of the business
- Behaviour standards and culture
- Values, beliefs, and moral principles
What are the components of a mission statement?
- Product/Service, market and technology
- Survival, growth and profitability
- Philosophy of the organisation
- Public image
- Customers and quality