Question

In: Finance

Discuss any four (4) aspects of leadership that are significant in the implementation of strategy.

Discuss any four (4) aspects of leadership that are significant in the implementation of strategy.

Solutions

Expert Solution

4 aspect of leadership that is important for implementation of strategy as follows-

A. Leadership would always be looking at distribution of role and assigning them to the appropriate individual in the organisation in order to fix the responsibility.

B. Leadership is also forecast at maintenance of coordination among various departments so that any disagreements can be resolved, and strategic plan could be properly implemented.

C. Motivation of the various members of the organisation in order to achieve the goals regularly by leading from the front.

D. Leadership is also focused that monitoring of day to day work in respect to strategic plan so that any deviation from the budgeted plan can be monitored regularly and deviation can be worked upon,n so that there should be alignment of actual plan with the budgeted plan and it will help in achievement of the goals in effective manner.

These are the four aspects of leadership that will be helpful in achievement of strategic goals


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