HRE 3723 Chapter Notes - Chapter 14: Organisation Climate, Niche Differentiation, Profit Maximization
1 Dec 2016
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Chapter 14: strategic leadership and change management: strategic leadership. Strategic leadership: a leader"s a(cid:271)ilit(cid:455) to a(cid:374)ti(cid:272)ipate, e(cid:374)(cid:448)isio(cid:374), (cid:373)ai(cid:374)tai(cid:374) fle(cid:454)i(cid:271)ilit(cid:455), think strategically, and work with others to initiate changes that will create a viable future for an organization: globalization and environmental sustainability. Exploit emerging opportunities and deal with threats. Sustainability is about the conversation of natural resources and minimization of waste. Broader concept of csr, sacrifice short-tem profit maximization for larger good. Being pro-environment is popular and good financially: strategic leadership and the strategic management process. Strategic vision: ambitious view of the future that everybody in the organization can believe in and that is not readily attainable, yet offers a future that is better in important ways than what now exists. Mission statement: an enduring statement of purpose that distinguishes one organization from other similar enterprises. Strategy: orga(cid:374)izatio(cid:374)"s (cid:272)hose(cid:374) pla(cid:374) of a(cid:272)tio(cid:374) for outperfor(cid:373)i(cid:374)g its (cid:272)o(cid:373)petitors a(cid:374)d achieving superior outcomes.
