Strategic Leadership: A Need of Today's a Competitive Era

Strategic leadership is the leaders' ability to anticipate, envision and maintain flexibility and to empower others to create strategic changes as necessary. This paper is focused on the aspects of strategic leadership like: planning and organizing, problem solving, clarifying, informing, monitoring, motivating, consulting, recognizing, supporting, managing conflict and team building, networking, delegating, developing and mentoring, and rewarding. Leadership is a function of knowing yourself, having a vision that is well communicated, building trust among your colleagues, and taking effective action to realize your own leadership potential. Leadership is considered far more superior and necessary for an organization's success than management. The main function of a strategic leader is forming a vision and a mission, balancing the organizational control, establishing effective organizational culture, and emphasizing on ethical practices. Any strategic leader will not follow one style of leadership. It is always a mix of different styles of leadership. Depending on the goal, the styles of leadership are: autocratic style, participative, transactional, transformational and charismatic leadership.