The importance of strategic management and strategic leadership

Reyimberdiyev Baburbek Adilbek Ugli

GREEN ECONOMY AND DEVELOPMENT, 2023, vol. 1, issue 6

Abstract: modern literature offers many explanations and theories of strategic leadership and management. Leadershipplays a crucial role in the process of strategic management and enables organizations to effectively implement successfulstrategies. During this process, leadership assumes various functions, including strategist, analyst, leader, organizer,motivator, developer, decision maker, collaborator, and evaluator. In today’s business landscape, organizations constantlyrequire skilled strategic management and capable leaders to achieve their goals. This article aims to study therelationship between strategic management and leadership, to study the role of leadership in strategy formulation andimplementation through the study of existing literature. Strategic leadership can be seen as a transformative process thatdirects organizations to success through the application of appropriate strategies. Leaders are encouraged to motivateand inspire employees, and to develop a sense of cooperation within the organization.

Keywords: Strategic Leadership; Strategic Management; Leadership; Management. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:1:y:2023:i:6:id:535

DOI: 10.55439/GED/vol1_iss6/a535

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