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MGT8039 Strategic Leadership

Units : 1
Faculty or Section : Faculty of Business, Education, Law and Arts
School or Department : School of Business
Student contribution band : Band 4
Grading basis : Graded
Version produced : 23 May 2022

Overview

This course is about how leaders need to develop strategic skills related to the overall leadership of the organisation. The topic in particular examines the role of boards and governance issues related to Boards of Directors are the types of conflicts that often develop. The course examines a range of both theoretical and practical considerations for graduates to consider when managing the corporation from a strategic perspective. The course also links closely with other Leadership courses such as Leading Organisational Change because managers need to understand why strategy is a leadership issue.

Top-level managers guide organisations in ways that result in sustainable performance that is optimally beneficial to all its stakeholders. The primary responsibility for thinking and acting strategically rests with the top leadership echelons from the smallest to the largest multinational conglomerate corporation as well as to other types of organisations (such as in the public sector). Organisational leaders most likely include chief executive officers, managing directors and other members of boards of directors and general managers; collectively, these managers play a role in top management teams. Leaders usually have responsibilities and accountabilities that cannot be delegated. As such they have to make decisions that affect the direction and success of the organisation. Leaders require superior levels of holistic, conceptual and strategic thinking abilities. Top management positions carry with them inherently risky outcomes often resulting in 'fallen idols' and rejection by the Board of Directors. Top-level leaders are expected to lead organisations through continuous strategic renewal and transformational change; their responsibilities extend to transforming the organisation to become 'high-performing' and 'world-class.' As a result, leaders are required to add value to stakeholder interests in a balanced way. This course is aimed at addressing the complexity of strategic leadership and application of leadership principles in practice. Other issues covered in the course include corporate governance, top management team dynamics, ethical practices, strategic performance management, knowledge management, organisational culture and strategic change.

Course offers

Semester Mode Campus
Semester 3, 2022 Online
Date printed 23 May 2022