Management and Leadership

Strategic Management and Leadership

Strategic management and leadership theories supporting organizational direction

TRW

This document focuses on the leadership theories based on transformational and contingency approaches as well as the management theories based on supporting the accomplishment of organizational objectives. It attempts to review the different approaches and deliver a subjective leadership style that will guide the organization to achieving its goals.

Application of leadership and management theories to support organizational direction

Organizations exist to make profit. That is the sole purpose of corporation and combined companies. Effective organizations are those that are able to adapt to ever changing forces in the general and task environment. Therefore strategic management plays a vital role in helping organizations achieve the means necessary to gain profits and build customer loyalty.

Strategic management is the set of decisions and succeeding actions taken by management that will provide a competitively superior fit...
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