LO1. Understand the relationship between strategic management and leadership
1.1 Explain the link between strategic management and leadership
1.2 Analyse the impact of management & leadership styles on strategic decisions
1.3 Evaluate how leadership styles can be adapted to different situations .
LO2. Be able to apply management & leadership theories to support organizational direction
2.1 Review the impact that selected theories have on organizational strategy
2.2 Create a leadership strategy that supports organisational direction
LO3. Be able to Implement a personal development plan
3.1 Use appropriate methods to review current leadership requirements
3.2. Plan for the development of future situations requiring leadership interventions
LO4. Be able to plan the development of leadership skills
4.1 Plan the development of leadership skills for a specific requirement
4.2 Report on the usefulness of methods used to plan the development of leadership skills
This unit will assess the capabilities of the student in relation to the concept of leadership, its associated theories in the context of strategic management. This course will utilize a reflection study that has been contextualized to meet the requirements and expectations of each learning outcomes of the course.
Assume that you are the Chief Executive Officer (CEO) for a large organization and your organization is embarking on strategic talent recruitment and development plan to meet the needs in the Industry Revolution (IR) 4.0 era. Reflect on your experience in working to position your organization strategically to grow in IR 4.0 era.
Assignments should be approximately 3000 words in length using fonts Times New Roman or Arial, 12 as font size and 1 ½ spacing.
The work must be referenced using the 'American Psychological Association (APA)’ format. The references in the main body of the text and the reference list do not count towards the word limit. The format of the assignment should follow post-graduate standards. A likely report structure would be:
1.Introduction (LO1)
-Theoretically explain the link between strategic management and leadership
-Elaborate and introduce the fundamental theories associated with leadership and outline the major form of leadership styles
-Discuss how the various leadership styles have an impact on management as well as strategic decisions of a firm in general
-Discuss how leadership styles could be adapted to various situations
2.Body (LO2 and LO3)
-LO2: Looking at the business challenges in IR 4.0 and the direction in which the organisation is headed, discuss using relevant theoretical models firstly: -
i)Identify the current leadership style apparent in the case
ii)Assess the suitability and applicability of this particular style in relation to the direction that the company is heading (reference is made to their growth as well as their long-term aspirations)
-LO3: Using theories such as the leadership grid, traits theory and similar theoretical concepts, you are required to review the short term and long-term leadership skills needed for the institution to thrive in IR 4.0 era. Your findings and draw up conclusions backed up with credible academic sources with regards to leadership qualities that you feel would better equip the firm to handle their development.
3.Conclusions (LO4)
-With reference to LO 4 you are required to look at the changes with regards to the leadership style. Your discussions should look into the type of traits required for their scenario no, also more importantly you are required to also discuss the SOURCE of recruitment for these leaders and as well as to draw back on the leadership theories covered in this module. Develop a training plan for the required leadership skills development.