Leadership an important element in strategy implementation
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Question:
Why is leadership an important element in strategy implementation?
Think about any two leaders you have known, one effective (i.e., "good") and one ineffective (i.e., "bad"). For instance, think about the "best" boss you've ever had and the "worst" boss you've ever had. Next, make a list of the traits, practices, characteristics, etc. that cause you to consider one of them to be a "good" leader and the other to be a "bad" leader. In other words, what are the traits, practices, characteristics, etc. that cause you to consider one of them to be a "good" leader and the other to be a "bad" leader?
What is required to transform a "good" company into a "great" company? In other words, what do you think is the single most important ingredient? Is leadership the key ingredient? Is having the "right" strategy the key ingredient? Is having the "right" culture the key ingredient? Is having the "right" structure the key ingredient?
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Solution Summary
What is required to transform a "good" company into a "great" company? In other words, what do you think is the single most important ingredient? Is leadership the key ingredient? Is having the "right" strategy the key ingredient? Is having the "right" culture the key ingredient? Is having the "right" structure the key ingredient?
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Leadership is important in strategy implementation because in order to effectively carry out a great strategy, someone has to take control of all the aspects of that strategy and work through issues and problems as the strategy is carried out. It is possible to have a great strategy that has no effect because of poor implementation.
Good leader traits: Composed, ...
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