strtegic management & leadership
TRANSCRIPT
STRATEGY & LEADERSHIPSTRATEGY & LEADERSHIP
INTRODUCTIONINTRODUCTION The key to strategic management is to ensure that The key to strategic management is to ensure that
leadership runs like a uniform thread through all leadership runs like a uniform thread through all functions of management to integrate them into a culture functions of management to integrate them into a culture of excellenceof excellence
One of the primary need for effective strategic One of the primary need for effective strategic management is to understand the meaning of leadership, management is to understand the meaning of leadership, its functions to ensure that effective leaders are groomed its functions to ensure that effective leaders are groomed & developed at every level in an organization & developed at every level in an organization
Only then strategic managers will be able to Only then strategic managers will be able to conceive strategic plans & translate these plans into conceive strategic plans & translate these plans into realityreality
STRATEGY & LEADERSHIP
Leadership is capacity to frame plans which will succeed & the faculty to persuade others to carry them out in the face of all difficulties
12% of effective management strategy is knowledge & 88% is dealing appropriately with people
Productivity in India by 30% to 40% without extra finance or new technology can be improved by improving the leadership ability of our executives
In management terminology leadership can also be expressed as:---CAPACITY+ EFFECTIVENESS
Functions of leadership
In practical terms a leader has to achieve the task ( mission, objective or goal )
Leader has to build his team as a cohesive group & develop every individual in the team to give his best
Leader has to harmonize & integrate the needs related to the accomplishment of the task with those of the groups he leads & individual in the group
Functions of leadership
Individualneeds
GroupMaintenanceneeds
Taskneeds
Functions of leadership
Functions for task needs Defining the task Making the plan Allocating work & resources Controlling quality & tempo of work Checking performance against plan
Functions of leadership
Functions for group needs Setting standards—example Maintaining discipline Building team spirit Encouraging, motivating & giving sense
of purpose Appointing sub-leaders Ensuring communication within the
groups & training the groups
Functions of leadership
Functions for individual needs Attending to personal problems Praising of individuals Knowing individuals personally Recognizing & using individual abilities Training individuals
Functions of leadership
In actual practice above functions can be integrated as under:-
Planning to achieve the task by using the available resources & people
Initiating the work by allocating tasks & resources
Controlling by monitoring the work, modifying plan
Functions of leadership
Supporting by encouragement & by motivating & training
Informing to maintain cohesion Evaluating
Why good leaders are scarce
Bringing up in childhood Environment System of education
Universal inner structure of leader as gentleman Gentleman has been described as
under:- An honest man A man with a sense of duties &
obligations of his position, whatever it may be
A man who tells the truth A MAN WHO GIVES OTHERS THEIR
DUE
Universal inner structure of leader as gentleman A MAN CONSIDERATE TO WEAK
A man who has principles & stands by them A man not elated by good fortune & not too
depressed by bad A man who is loyal A man who can be trusted Every outstanding leader has an inner hard
core in him which is composed of universal virtues
Selflessness
Knowledge & character lend support to each other
Mere knowledge without character makes a man indecisive
Mere character not supported by knowledge puts a ceiling on a leader’s potential
It is necessary that anyone who wishes to develop his leadership potential to the maximum extent should carefully study structure given below & make the determined effort to strengthen it
Selflessness compositionSelflessness composition
Loyalty
Honesty
Sincerity
Integrity
Faith in GOD
Universal inner structure of good leaders
Of The job
Of Handling
People
Of self
Initiative to be self starter
Will power to persist
Courage to decide
Selflessness based on
An ideal or visionKnowledge Character
Selflessness
Selflessness & unselfishness is a relative virtue
Total selflessness is a rather relative phenomena
When we look for example of men who were completely selfless & lived for humanity at large we spot Bhagwan SRI RAM, Gautam Budha, Jesus Christ, Gurunank, Ramkrishna Pramhansa, Vivekanand & like
Selflessness
The current culture adopted from industrialized countries the goal of career is to rise fast & grow rich almost overnight
Higher the ideal, higher will be degree of selflessness, hence higher the potential for effective leadership
Selflessness
Swami Vivekanand explained this truth most forcefully when he said:-
“ I cannot ask everybody to be totally selfless; it is not possible. But you cannot think of humanity at large, at least think for your country. If you cannot think of your country, think of your community. If you cannot think of your community, think of your family. If you cannot think of your own family , at least think of your wife. For heaven’s sake do not think of yourself”
Character
Each individual is a bundle of virtues & weakness—0f mental & moral qualities
The resulting individuality of person from this balance is his character, or at times also referred as his personality
Core qualities which are really important & which are invariably found in the character of all the outstanding leaders are three—courage, determination, initiative will power.
Conclusion
In order to develop effective strategic managers, it is helpful to understand the “ Universal inner structure of effective leaders”
The understanding can be used by the leader to improve his own potential, encourage & groom others in his organisztion to become effective leaders.
Conclusion
The universal inner structure of effective leaders consist several virtues of qualities & these include selflessness, character, will-power, initiative, knowledge & capacity to handle people appropriately
A good leader knows his people very well. Communication skill plays an important role in this respect. A major part of communication is listening.
CONCLUSION
For an Indian leader , if he wants to be effective, it would be necessary for him to have a good grasp of
Indian history Religions Culture Ethos