The Art of Effective Strategic Leadership Essay

The Art of Effective Strategic Leadership - Essay Example Over the course of studies, we analyzed few case studies about strategic management. These cases along with real life experiences helped the students learn key lessons about strategic leadership. In some cases, it was seen that the management failed to take right decisions on time. The failure to take effective steps within time resulted in catastrophes of various sorts. However, some leaders were able to take hold of the situation accurately and thus became effective strategic leaders. It was found that the leaders who were complying with the rules of strategic leadership used some key strategies. These strategies have been summed up in three key lessons of strategic leadership. The three key lessons are: (1) making realistic decisions, (2) becoming flexible, and, (3) keeping long-term goals in mind. Effective Strategic Leadership- Key Lessons The leaders everywhere face a situation in which they lose their cool and tend to take wrong decisions. The following key lessons would help them learn the basic strategies for taking accurate decisions. Key Lesson 1: Making Realistic Decisions Always look for realistic approaches in dealing with the situation you face. Do not follow idealistic assumptions which appear futile in the face of reality. At times, the leaders tend to look for making idealistic changes in the situation. It is good as far as you are in control of the situation. However, you will need to adopt a practical approach which fits the certain situation to tackle it completely. In the case of the launching of Challenger, the spaceship, the managers were aware of the critical situation they were in. Some of them knew that it could blow up in view of the incompatible temperature surrounded by it at that time. However, the decisions were made in haste not realizing the risk the action involved. They were trying to fulfill the people’s expectations and did not take a realistic approach which resulted in the catastrophe. An example of the realistic a pproach can be seen in Madonna’s case who managed her business career successfully. She did not hold idealistic assumptions and switched roles keeping in view the need of the hour. She had put her own interests aside and met the demands of the time in order to reach to the top of her music career. Key Lesson 2: Becoming Flexible Never try to seem rigid in taking important strategic decisions which involve your opponents. Be flexible in your approach to attain your goals. In some cases, the managers are inclined to get angry on their clients’ demands. They have the responsibility to ensure the organization obtains its goals efficiently. They might adopt a rigid approach to respond to the aggressive demands of the other party. However, it might result in the ending of deal which could have successfully accomplished by being flexible. The disaster of the Challenger could be avoided if the management was appreciative of the engineers’ concern about the risk in the l aunching of this spaceship. However, it was overlooked and rigidity was shown in not stopping the launch till the technical problems got sorted out. After the disaster, NASA took immediate action and researched for two long years to stop the probability of such event in future. The case study of Madonna highlights the approach of flexibility in the life of this queen of pop. She had become a saint, an erotic, a rebel and adopted many