Discussion

What did you find to be compelling and enlightening? What would you do different as a leader?

The Distinctions between Strategic Leadership, Strategic Management, and Strategic Planning

 Strategy informs an organization's synergy.  Strategic leadership according to Singh and Useem (2016) incorporates all the tenets and aspects of organizational leadership that ensure the well- defined strategies of an organization are converted into a set of tangible decisions for the firm's optimal value frontier. Strategic management, as an aspect of strategic leadership, entails mobilizing both human and physical capital with a view to achieving the organizations' goals-that drive the major decisions being made. It involves many things specifying a set of execution initiatives, resourcing the set initiatives with capital and the managers, establishing action teams and their team leaders, deliberate decision-making and strategic thinking, as well as strategic fit in achieving organizational capacity (Nickols, 2016). Strategic leadership and management are driven by certain things. This is where strategic planning comes into the picture. Strategic planning has much to do with the setting of desired and intended goals coupled with the mechanisms, approaches, and models of achieving these goals (Simply Strategic Planning, n.d).

The Relationship between Strategic Leadership, Strategic Management, and Strategic Planning

 In understanding the whole concept of leadership and strategy, it is important to note that there is a rather complex web of activities and mechanisms that give rise to some desirable result among the stakeholders. Effective strategic leadership aims at turning strategy into action (Taylor et al, 2008). To achieve this, there is a great need for proper management of the available information, skills, and expertise, and the managers who are expected to display reverence to the organization's history and habits in the whole process of change implementation (Singh & Useem, 2016). While working out this transformation, strategic leaders employ a SMART strategic plan to enact the strategy and edge out the competitors in the market. The successful employment of strategic leadership models and planning defines strategic leadership (Elkhdr, 2019).

How Leaders Adapt Their Strategy to Achieve Organizational Goals

 To ensure successful adaptation of their strategy into the organization, strategic leaders must first develop personal competencies in strategic leadership. Owing to this, they will pay keen attention to the organization's history to pinpoint the areas that need action (through strategic diagnosis) thus defining the firm's value proposition in their strategy (Singh and Useem, 2016). Additionally, the strategy employed must be based on the knowledge and experience (acquired from those who have stayed at the company for long). Such knowledge ensures these managers overcome a natural availability bias in the choice of models, personnel, and overall decision making.