Strategic Leadership: Advantages And Cons And Disadvantages Of Strategic Management

733 Words 3 Pages
Strategic leadership does not come without putting in hard work in many businesses. Research shows that less than 10 percent of managers actually display proper strategic skills, which is a very small number when we consider the mandates placed on businesses today. Strategic skills are necessary in all aspects of business when thinking in terms of growth. When times are difficult, funds are stretched, it is imperative that leaders guarantee that company resources are utilized in the correct capacities.
Management within these businesses often is faced with immense burdens to increase short-term figures and display instant gains. In corporate America today, operational leadership seems to be the focus of many organizations. This mentality could
…show more content…
When it comes to non-profit organizations, this is a challenge that many of them cannot afford. These organizations often do not have the financial means to employ outside consultants to assist in forecasting. Nowadays there are numerous helpers that can assist smaller businesses and also support groups that will support the cost of help these organizations to develop their strategies. Nevertheless, it is imperative to safeguard that the execution of a strategic management method is consistent with the requirements of the business.
Summary
According to Beatty, K. (2010), “like any process or tool, there are both advantages and disadvantages to a strategic management process. Sadly, most of the disadvantages are because of inappropriate application (often by poor consultants) as opposed to inherent limitations.” Just like with any process, the consumer will have the ultimate duty to guarantee that the strategic management method is suitable or not. Even though I think that strategic management in some ways can be constructively utilized by majority businesses, it is ultimately up to the consumer to decide if the strategy is

Related Documents