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Wednesday, December 11, 2019
Strategic Leadership for Journal of Cleaner-myassignmenthelp.com
Question: Discuss about theStrategic Leadership for Journal of Cleaner Production. Answer: Strategic acting has a close connection with the strategic thinking. They have a close relation with the strategic influence. Many organizations faces the biggest challenge in translating their strategic thinking into priorities. It is one of the most challenging aspect that is faced by the strategic leaders. In the book named, becoming a strategic leader, in chapter three the mind-set of fro the strategic actions have been studied and then they are analyzed at severe essential strategic acting competencies (Hughes, Beatty and Dinwoodie, 2014). The chapter gives a clear view of the strategic leadership and the relationship between strategic action and strategic thinking. There are different mind-set for strategic action like all the actions are not strategic, they are both long-term as well as short-term. It mostly consists of uncertain decisions and it offers the opportunity of learning (Lepsinger, 2010). When I was given a chance of acting strategically and lead my team my first and foremost action was to take the risk of accepting new ideas. I put aside my hesitations on putting forward my ideas of strategic planning to my supervisors and executives. I formed a concrete action plan. The most important step in this context is to formulate the plan. I sat down and formed an effective strategic plan. I have made a strategic decision many times, in school as well as in the organization I worked for. The most memorable change was the change that I made when I was working as an executive manager in a jewelry company. I formulated an attractive advertisement strategy. I took the decision of advertise the products of the company on social media as well as in newspapers, hoardings at different places in the region. I also created a new website of the company and made the products through online delivery. This increased the revenue of the company. Therefore this strategic decision proved to be an effective one. The key factors that I considered while making the decision was the growth of sales of the product. I considered the strategy that could make the products more famous and it would be able to be in demand. While making the decision I examined the advertisement strategy of the rival companies. I compared the marketing strategy of other companies. I made a market survey that is the primary form of research and explored the way to attract maximum amount of customers. I made a SWOT analysis of the same. In other word it can be said that I followed the strategic sales model. Initially I felt that I was not right. It was a challenge for me and I thought I took up a great risk by making experimenting with the new decision. However later when I found that the revenue of the company was getting increased and most importantly the number of customers of the company was increasing I started feeling that I was on the right track. My strategy was right that was visible from the result itself. It however took time to become successful. The technical matters were complicated and therefore it took some time for me to make the plan successful. In order to give advertisement in different channels of media a huge investment was made. I identified the strength of the company and tried to promote the same. At the same time I identified the weakness of the company and tried to work upon it. Initially when we were not getting positive response from the customers it came to my mind that the huge investment was a fault that was committed on my part. However after two months when we got huge response from the customers I became more confident and was self-consoled that the strategy imposed by me was correct. From the time I made the decision I grew more confident about my strategy. In the beginning I was a bit confused about my strategy and thought it was a failure. I made up my mind to apply new strategy and learn from my mistake. I experienced a dilemma in the beginning but gradually I was able to overcome the dilemma and got positive results from the application of the strategy. I was able to take the risk and learnt to manage the situation in case I had to face a situation of loss. I learnt that the act of strategy was a long-term goal as well as a short-term goal and sometimes strategies could fail. The person at that time should not lose hope but work hard for the formation of new strategy that would be an effective one. References and Bibliography Bergh, D.D., Aguinis, H., Heavey, C., Ketchen, D.J., Boyd, B.K., Su, P., Lau, C.L. and Joo, H., 2016. Using meta?analytic structural equation modeling to advance strategic management research: Guidelines and an empirical illustration via the strategic leadership?performance relationship.Strategic Management Journal,37(3), pp.477-497. Dyer, G. and Dyer, M., 2017. Strategic leadership for sustainability by higher education: the American College University Presidents' Climate Commitment.Journal of Cleaner Production,140, pp.111-116. Hughes, Colarelli beatty and Dinwoodie, richard, katherine and david. 2014. 2nd ed. san fransico: Jossey-Bass. Lepsinger, Richard, 2010. Closing The Execution Gap. San Fransico: John Wiley Sons. Ohlsson, A. and Larsson, G., 2017. Emotions in strategic leadership: a literature review and theoretical modelling for future research.International Journal of Organization Theory and Behavior,20(3), pp.311-340. Strand, R., 2014. Strategic leadership of corporate sustainability.Journal of Business Ethics,123(4), pp.687-706.
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