Roles of Leadership in Planning Process Flashcards
The “office or position of
a leader, the capacity to lead, and the
act or instance of leading”
Leadership
The capability of an individual to make sound and sometimes difficult decisions. They
articulate a clear vision, establish
achievable goals and provide
followers with the knowledge and
tools necessary to achieve those
goals
Leadership
A person who is
responsible for making difficult
decisions.
Leader
They are responsible for
guiding, motivating, and supporting
their team members.
Leader
Has given seniority in a hierarchy, but this
position comes with a big
responsibility.
Leader
What makes a great leader? (Characteristics of a Leader)
- Strong, realistic visions.
- Clear and effective communication
- Adaptability, and flexibility
- Honesty
- Patience
- Emotional intelligence and empathy.
- Collaboration
- Cultural awareness.
- Intelligence and expertise.
- Strategic and visionary decisionmaking.
- Persuade, motivate, empower and
inspire
What makes a great leader? (Characteristics of a Leader)
- Strong, realistic visions.
- Clear and effective communication
- Adaptability, and flexibility
- Honesty
- Patience
- Emotional intelligence and empathy.
- Collaboration
- Cultural awareness.
- Intelligence and expertise.
- Strategic and visionary decision-making.
- Persuade, motivate, empower and
inspire
The ability of the top-level managers or executives to determine
the future courses of action and
direction of the firm and motivate the
members to make efforts in that
direction
Strategic Leadership
Aims at inspiring others to make those
decisions that bring better
opportunities for the enterprise’s
long-term success, without
compromising its short-term financial
stability.
Strategic Leadership
Leader’s ability to visualize, plan, lead, and make the best out of the resources they have to execute strategies efficiently and
successfully
Strategic Leadership
Holds the power of
influencing people to look at the
bigger picture and work towards long-term goals. It gives companies the
much-needed advantage over
competitors
Strategic Leaders
In general, who acts as a strategic leader in the organization?
Manager
Foresees and interprets, the
dynamic business environment and
work on issues that can influence and
can be influenced by the events that
occur to/with the organization.
Manager
Functions of a Strategic Leader
Setting the direction
* Strategic decision making
* Human capital management
* Translating strategies into actions
* Change Management
* Effective communication within the
organization
* Ensuring efforts are made in the
right direction
* Developing strategic competencies
* Framing policies and plans for the
effective implementation of strategic
decisions.
* Developing and maintaining a
constructive work culture
Serves as the foundation for continuous monitoring and breaks down the entire program into smaller parts that are easier to
articulate and comprehend
Planning process
Ensure that the available
resources are utilized efficiently, all
aspects of a program work together
and add value to one another,
minimize the need for redoing work,
and ultimately achieve the desired
program outcomes
Effective leadership in the planning process
Encourages the organization’s success by making effective decisions in formulating
strategy, enacting plans, and using
resources to their full potential to
successfully and efficiently execute
developed strategies.
Strategic Leader
Responsible to direct
the subordinates to perform the
organizational tasks effectively
Leadership
Responsible for putting vision and it is his most significant liability
Leader
Must be broad and specific
Vision
Roles of Leadership in Strategy Management
- Leader as an INNOVATOR
- Leader as an ANALYST
- Leader as a DECISION-MAKER
It is considered the main job of
leadership; to make an innovative
strategic process and observe every
aspect to ensure the effectiveness in
the organization.
Leader as an INNOVATOR
A leader is responsible for finding and filling the gaps in an organization. Leaders
must organize the organization’s
work, especially the planning and
execution of strategies.
Leader as an ANALYST
Leaders have to decide what to do,
how to do it, and by whom. The
strategic management process
depends on the decision-making of
the leader.
Leader as a DECISION-MAKER
How to be a strategic leader?
- THINK strategically
- ACT strategically
- INFLUENCE strategically
Understand the complex relationship between your organization and its environment
THINK strategically
Take decisive actions that are consistent with the strategic direction of your
organization despite ambiguity,
complexity, and chaos.
ACT strategically
Create commitment to organization’s
strategic direction by involving
others, forming relationships
in/outside organization, and utilizing
culture/systems of influence.
INFLUENCE strategically
How to become a Strategic Leader? (Five tips on becoming a strategic leader according to Wooll)
- Balance the present with the future
- Challenge the status quo
- Have a risk management plan
- Communicated effectively
- Establish a planning committee
Host weekly meetings with team
members and departments, and/or
ask employees to record daily or
weekly issues in a shared system so
you can stay up-to-date with any
issues related to the strategic plan
Balance the present with the future
Instead of conducting business as usual,
challenge old practices, create better
processes and solutions, and
motivate your team to do the same
Challenge the status quo
With strategic plans come possible
risks. It’s also important to establish
boundaries (like initiating a fixed
budget) to help you prevent negative
outcomes before they start.
Have a risk management plan
Strategic plans work best when
everyone’s on board. It’s crucial to be
clear and get everyone on the same
page. It creates powerful teams that not only
support strategic initiatives but also
propel initiatives forward faster.
Communicate effectively
Nobody understands the inner workings of an organization like frontline staff, mid-level managers, and senior leaders. Creating a planning team can help strategic leaders better understand company culture, stakeholders, and challenges
Establish a planning committee
Key Leadership Responsibilities in Strategic Planning
- Understanding the Context
- Understanding the people involved,
including oneself - Sponsoring the process
- Championing the process
- Facilitating the process
- Fostering collective leadership
- Using dialogue and discussion to
create a meaningful process
Planning process ofP&G Co., where
they partnered with external
companies to develop new products
such as Olay Regenerist and Crest
Spinbrush
Connect and Develop
Aims to unify Coca-Cola’s various products
under a single brand and messaging,
which helped the company to
maintain its market dominance
One Brand Strategy