Question

1. Explain how managerial leadership can foster a high-performance culture.
2. Enumerate at least four actions that managerial leadership can take to mobilize the effort for excellence in strategy execution.
3. When a company's strategy execution effort is not delivering good results, it is the leader's responsibility to step forward and initiate corrective actions. What are some of the actions a leader can take to correct the strategy execution effort?

Answer 1

ANSWER 1:

Managerial leadership can certainly foster a high-performance culture. A manager who is a good leader can turn an average employee into a star employee and a bad leader can turn a star employee into a poor employee. The leadership quality of the managers is very important for the growth in the performance of any organization in the following ways:

1. It provides guidance to the employees

Managerial leadership provides guidance to the employees which means when the manager acts as a leader as well he chalks out the plans and ensures that his followers (here, employees) follow the plans effectively and he guides the throughout. This leads to greater productivity.

2. The employees are kept motivated

Leaders are also responsible for keeping the employees motivated through communication or rewards or through any other means. Motivated employees work with more dedication and bring out better results.

3. A leader takes effective decisions

Managerial leadership ensures that effective decisions are taken which would be best in the interest of the organization and the employees.

4. Leaders maintain relationships

A manager who is a good leader effectively maintains relationships with the stakeholders of the organization. He represents the organization and builds its good image in society.

ANSWER 2:

Managerial leadership can take the following four steps to mobilize the efforts for excellence in strategy execution:

1. Proper guidance

It can provide effective guidance to the employees which would help them to understand the strategy and work as per the plan. Proper guidance is very important for the execution of any strategy.

2. Motivation

Managerial leadership helps to keep the employees motivated and thus they work more efficiently and the goals are accomplished effectively with good results.

3. Ensuring coordination

Since a number of employees work under an organization, difference in their opinions is very common. But, for the successful implementation of a strategy, it is important that they coordinate with each other well. Coordination among employees can be ensured with the help of managerial leadership. It can ensure that there are no conflicts of pinions and all the departments and the personnel coordinate well with each other and achieve the organizational goal.

4. Control and corrective actions

Along with the formulation of the strategy, it is important to check whether the plans are being implemented properly. Managerial leadership would ensure the proper implementation of the strategy by using several control measures and if any deviations are found it can take corrective actions to bring back the implementation on track.

ANSWER 3:

A leader can take the following corrective actions to correct the strategy execution effort:

1. Motivation

Sometimes the organization is not getting the effective results or the strategies are not being implemented properly because the employees are not motivated enough due to various reasons. A leader can guide and motivated the employee to correct the strategy implementation.

2. Changing the quality standards

It might be possible that the quality standards set for measuring the performance were not adequate so the leader can redesign the standards.

3. Checking the root cause of the issue and correcting it

A leader is also an analyst. He must analyze each issue and try to find the loopholes in the implementation of the strategy. After finding out the root cause of the issue he must try to correct it to ensure to get better results.

4. Delegation of authority

One person cannot handle all the work so the leader can delegate some part of his authority to a responsible employee so that he can get more time to think about the bigger regarding the organization. Also, this way the employees would feel more belonged to the organization and they would try to work more efficiently.