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Strategic Leadership - Coggle Diagram
Strategic Leadership
6 components of strategic leadership
Developing human & social capital
develop human capital by improving skills within organisation by training
social capital refers to building relationships outside the organisation
Sustaining an effective organisational culture
effectively maintaining firm's core competencies/resource portfolio
structuring the firm to facilitate using those capabilities
managing each type and integration of resources
organising resources into capabilities
choosing strategies through which capabilities are successfully leveraged
Emphasising ethical principles
Determining the firm's purpose or vision
Establishing balanced organisational controls
formal information-based procedures to act as limits on what employees can or cannot do
Financial controls
Strategic controls
def
combination of managerial & visionary leadership
ability to anticipate, envision, empower others to create strategic change