unit 2 revised Flashcards

(8 cards)

1
Q

Define strategic leadership.

A

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.

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2
Q

What characterises the great leader’s view of strategic leadership?

A

CEOS believed they alone were responsible for strategic leadership, functioning in isolation and using a top-down approach.

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3
Q

What characterises the great groups’ view of strategic leadership?

A

The organisation is seen as a community with strategic leadership distributed among diverse individuals

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4
Q

List three components of strategic leadership.

A

Exploiting and maintaining core capabilities
Developing human capital
Sustaining an effective organisational culture
Emphasising ethical practices
Determining the company’s vision

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5
Q

What is strategic intent?

A

Envisions a desired leadership position and establishes the criteria the organisation will use to chart its progress

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6
Q

List three attributes of strategic intent.

A
  • Sense of direction
  • Sense of discovery
  • Sense of destiny
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7
Q

List 4 focus areas of a mission statement.

A
  • Reason for the organisation’s existence
  • Strategy in terms of the nature of the business
  • Behaviour standards and culture
  • Values, beliefs, and moral principles
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8
Q

What are the components of a mission statement?

A
  • Product/Service, market and technology
  • Survival, growth and profitability
  • Philosophy of the organisation
  • Public image
  • Customers and quality
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