Strategic Management & Change Essay Example | Topics and Well Written Essays - 2500 words

Strategic Management & Change - Essay Example The paper tells that the business environment has presently turned very competitive and requires considerable expertise on the part of business organizations to ensure efficiency in business operations so as to ensure profitability and sustainability. Ensuring profitability and sustainability requires considerable efforts and activities that can help generate advantage for an organization. Proper planning and vision apart from proper management and utilisation of resources towards encasing on the opportunities of the organization is the key for a successful recipe in the business markets. All these aspects are largely incomplete without a proper leadership. The leadership aspect assumes significance considering the fact that it provides a direction to the entire organization. Without the presence of a leader an organization behaves like a rudderless ship that is inevitable to destruction. Real life examples are very well an indicative of the above assumption. There are numerous examp les in which visionary leaders have turned organizations into giants. Examples include Apple and Microsoft and a host of other organizations. The success of both these organizations has been largely accounted to the efficient and visionary leadership of Steve Jobs and Bill Gates respectively in the two organizations. Leadership and its role in shaping a business organization has been a subject of research in academic and professional circles. According to various researches the aspect of leadership is a subject matter of debate. One of the most accepted versions of the definition of leadership states that leadership defines a relationship that comes into effect between the leaders and organisers’ with the followers or subordinates who have the power to bring about changes with their outcomes affecting the shared beliefs and actions (Daft & Lane, 2007, p.4). There has also been a debate with regards to leadership in which the scholars have debated over the virtue of leadership being an in-born trait and the aspect being developed over time with advocates stating that leadership need not be an in born trait and can be developed by any individual upon exposure to proper conditions. An effective leader must not only have the ability to lead but should also have an ability to foresee a vision for the entire organization. An effective leader sets the direction for the organization. The leader is also entrusted with the responsibility of motivating and acting as a guiding agent for the company. It is essentially believed that the functioning of the leader actually defines the actions of the subordinates and in fact the entire organization. Therefore it is very essential that an organization has an effective and visionary leadership who can propel the company towards the path of success. The present study would try to analyse the role of leadership in shaping up an organization towards generating profitability and sustainability. The study would critically eval uate the role of leadership and the extent to which it helps in shaping up an organization towards generating profitability and sustainability in the market and helping generate a sustainable competitive edge in the turbulent business environment prevailing round the globe. Discussion The increased turbulence and uncertainties in the business environment call for the need to ensure effective management in an organization so as to ensure excellence in business. The role of a leader assumes utmost importance in this regard. A research report states that leaders have a crucial role in this regard as they are the ones who have to formulate contingency planning so as to ensure sufficient safeguards for the company in the time of crisis. The report also states that a leader’s ability to foresee the future is very critical and therefore shows the importance of leadership in the survival of the organization.