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Strategic management- the term tells that it is an organized development of many resources in the functional areas of the organization such as the manufacturing, financial, marketing, manpower, technological etc. it can be said as the use of all the entity resources. These policies are generally adopted by the senior managements which help in guiding all the entities. It also takes the environment into account where the company is operating (Barnes, 2011).
Leadership- this term indicates the guidance that is provided by the organization which results in what the group has agreed upon. One individual and the rest of the team have understanding in details then ability to reach the vision and goal objectives of the organization (Developing ideas via the experiential route, 2010).
The link between the strategic management and leadership as follows were:
Leadership is considered to be the bridge which joins the strategic management and their respectively. Because of the leadership the organization is able to get their targets and the tasks. The management has the responsibility for the people and their resources the link between the leadership and strategic management (Developing ideas via the experiential route, 2010). An organization which is having a good leadership and also having an effective management always having success within the organization. Thus it can be said that both of these are the only skills that when they are moving side by side without a proper management and a good leadership will only be able to satisfy the needs for a short span of time and not for the long term basis (Developing Management Skills (4th ed.), 2000). So the management which is effective it can be said that it is nothing without a good leadership. When there is a trying for joining the effective management and great leadership can be said that it is being able to set a direction and proper allocation of resources is done the way one wants. This is just not the end; one will be able to achieve their goal just like the way they have thought and the way they want to achieve (Elliott, 2014).
The impact of management and leadership styles on the strategic decisions in the business are as follows:
The organization that is to be taken is Tesco in this case. This is about a sales person who is reporting. The person used to work as a customer sales executive and there were around 20 sales persons who were working there (Feldman, 2006). The person was working in the grocery section. Tesco as is known is divided into sections like the grocery, produce, fresh and frozen. The leader who was present was very much expert and active because he was expert in working in all the departments of his section. So there is a responsibility of the team leader to assign each week to different the persons (Jones, 1991)’. If the tasks were not assigned to any of the groups or any leaders then only the manager who is present is alone not able to handle the whole situation. In such a situation it is clearly notified that the peoples who are present and their roles in the organization, that who is the leader amongst them and who is the policy makers within. The group representatives are also recognized who is said to be the leader is responsible for the good performance of the group and each of the person’s in the group in an individual manner.
Considering an example for this case- the goal of the customer is to satisfy the customer who is present and to be the best seller amongst all the super market which is present with respect to sales and also in extending the business (Kim, 2009). When being talked of the individual store like the place where the sales person was working and the task which is being set by the management about the yearly ale by using the resources which are limited like the incentives, overtime, and the work force . If wanting to make a difference there are 20 peoples working in the store then they should finish their time in the limited time which is stipulated and by using the limited resources which is available (Kirkland, 2008). Then the real test of the leader would be to utilize the people and the time to get the work finished in the proper time.
The way that leadership styles can be adopted to different situations in the chosen organization is as follows:
Using the example of Tesco here which is using more than one leadership styles like participative, situational and democratic as well.
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