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Strategic Leadership is the kind of leadership which gives proper direction, vision, and mission and decides the path of the business objectives and the model of the company. It develops the company from all the angles and long term perspective. Under these leaders only a company successful runs on the procedures and the regulations framed by them. They do not think in the traditional style whereas, they believe in the strategic thinking and the mindset. As the world, marketing and industry has become very dynamic and there is a lot of change management that is being required and as per competitive benchmarking so these strategic leaders use their strategy formulation and implementation in order to take the business to new heights and without their absence, the suitable business technical strategy could not be adopted and hence would lead to the failure of the business and other operations related to it.
A leader will only think in terms of leading a team successfully and make fuller utilization of the resources, whereas a strategic leader will not think from a short term perspective and attach the long term perspective with all the planning in terms of formulation and the implementation of strategy.
It is always said that the performance of the entire team lies with the kind of leader that team has been assigned to and in case the leader is general, he will think only for that team whereas if the leader is strong in terms of the strategic thinking then that team will not be successful only in the short term planning and the objectives whereas it would be excelling in all the aspects and the overall success and development would be brought about in the organization, its teams and the people.
The difference in the thinking of the strategic leadership from the general leadership is as follows: -
a. Strategic Leaders will think from the long term perspective, whereas normal leaders will lead the team at the current point of time.
b. They will support the company in every small decision of the company where the impact would be positive even in the future.
c. They will think and work as entrepreneurs even in their service and the job. They will not feel competition is important as they think their jobs as their own business in which they have to make a lot of money as in the end their performance is linked with their long term perks and promotions.
d. They know how to bind their teams with their foresighted & strategic thinking; they are able to utilize their teams to the fullest. They know how to get the optimum utilization fromtheir jobs and hence growth factor is always attached to their profile and they look for strategy in all the conditions.
Strategic Leadership is essential for all the organizations and it is very important for a company to dwell, growth and develop the strategic leaders who will always be the part of the success of the entire enterprise.
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