"A manager as a strategic leader has to play many leadership roles", while explaining the statement in brief, delineate the leadership roles which a…
CA Intermediate · Financial Management and Strategic Management · PYQS · May 2025
"A manager as a strategic leader has to play many leadership roles", while explaining the statement in brief, delineate the leadership roles which a manager has to play in pushing for a good strategy execution.
Suggested Answer and Working Notes:
Or Strategic leadership refers to the manager's ability to anticipate, envision, maintain flexibility and empower others to create strategic change as necessitated by external conditions. A manager as a strategic leader is responsible for setting the firm's direction, formulating and implementing strategies and ensuring that the organization moves towards achieving its strategic goals. To achieve this, the manager must play multiple leadership roles such as visionary, strategist, administrator, culture builder and motivator. Managers have five leadership roles to play in pushing for good strategy execution: Staying on top of the execution process: Monitoring progress, resolving emerging issues and understanding obstacles in the way of effective execution. Promoting a culture of esprit de corps: Nurturing unity, teamwork and high morale to mobilize and energize employees for effective strategy implementation. Keeping the organization responsive and innovative: Ensuring the firm remains adaptive to changes, alert to new opportunities and ahead of rivals in developing competencies. Exercising ethical leadership: Insisting that the company behaves ethically and acts as a model corporate citizen. Pushing corrective actions: Taking necessary corrective measures to overcome execution problems and improve overall strategic performance. These roles help managers drive strategy execution effectively while maintaining integrity, adaptability and performance.
Topics: Part-A: Financial Management
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