Dicussion forum
Effective strategic leadership is a prerequisite to using the strategic management process successfully.
Strategic leaders help define the vision and mission of a firm and then set stretch goals that lead to innovations, breakthrough thinking, competitive advantages, and above-average returns.
Strategic leadership entails the ability to anticipate events, envision possibilities, maintain flexibility, and empower others to create strategic change.
Their management styles vary, but they typically have a high level of integrity. Thus, top-level managers are an important resource for firms to develop.Answer the follow questions in the discussion forum:
What must strategic leaders do to develop and sustain an effective organizational culture?
As a strategic leader, what actions could you take to establish and emphasize ethical practices in your firm?