Being a Strategic Leader
1.1Impact of Organization’s Culture and Values on Strategic Leadership
Strategic management has emerged as one of the most critical and valuable filednecessary for the survival of an organization. Recent studies and anecdotalevidences provide that almost every successful company around the globe isimplementing the methods and process of strategic management and leadership.These methods enable the strategic leaders to pool and pull the assets of theorganizations into particular directions and achieve the set objectives. In this way,such assets and resources are used and managed effectively and efficiently.Therefore, it can be stated that the tools of the strategic management andleadership today are making key to the benefit and success of a company.Strategic leaders are different from strategic managers in a variety of aspects.Following discussion highlights and provides an insight into differing traits of beinga strategic leader.
1.2Legal, Regulatory and Ethical Requirements and Strategic Leadership
Strategic leader have to comply with both the local laws, regulations and other ethical requirements for smooth operation of their companies. For becoming moreglobal they need to understand the sensitive elements of a particular society andculture. Therefore, the importance of ethical behaviors cannot be ignored in themodern world. The leaders need to develop a positive self-regulation of moralbehaviors as compelling norm. Further, they also need to develop a ethicalatmosphere at firm level just as a matter of routine.
1.3Contemporary Social Concerns Impacting on Strategic Leadership
Strategic leaders always need to take care of a number of societal and culturalparameters in order to achieve their objective and vision of their company. Also,they need to appreciate the environmental complexities in the given society. It isonly then they can fully understand and exploit political and social flux of thesociety. Also, it is seen that corporate social responsibility is becoming an essential