Personal Development as a Strategic Manager

Personal Development as a Strategic Manager

Introduction

Strategic Management is a discipline that evaluates the main criteria regarding the implementation of resources and their impact on external and internal environments. This is usually accomplished by the top half of the hierarchy including the board of directors and owners. It usually encompasses two phases that focus on the company's vision, mission, and objectives. These include programs and projects created to accomplish objectives and the allocation of resources which enforce plans and policies (Nag et al. 2007).

As a strategic manager, the individual must take every action in terms of the company's strategic mission. The manager has to balance tasks of departments and encompass overall strategies while deciding the direction the company is heading. At the same time, the manager has to be a mediator of conflicts among other managers to decide the best effectiveness of resource allocations in the company (Dess et al. 2005).

A strategic manager is a person who displays traits of good leadership to create change in an evolving atmosphere while conducting operations on a strategic level. This individual is responsible for crucial decisions, setting strategies and goals to outperform potential as well as existing competitors. In this regard, personal development is a main focal point in the current situation of Global markets. Through this grooming technique, the manager acquires knowledge and leadership skills required to accomplish company goals in the long term (Dess et al. 2005).

The following research states the criteria of personal development of a strategic manager. Personal development is defined as the acquisition of skills, experience, and knowledge to excel individual performance and self perception in favor of the company. It is considered a systematic procedure where an aim needs to be created, skills need to be identified for development, opportunities utilized, plans for action calculated, findings recorded, and an overview of the results need to be found (Morden 2007).

In this aspect, the discussion below involves various aspects required for personal development. First the identification of skills required by managers to accomplish strategic ambitions needs to be assessed. Second the ability to support strategic ambitions through the management of personal leadership development needs to be acquired. Third the evaluation of the leadership development plan needs to be analyzed. Lastly, the ability to support the welfare atmosphere of staff while bolstering company values needs to be implemented. The combination of all of these results in the personal development of a manager and supports efforts to produce competitive strategic measures for the organization.

1. Be Able to Identify Personal Skills to Achieve Strategic Ambitions

1.1 Analyze the strategic direction of the organization

Globalization and development of new information technology has created the demand for top management of companies to develop clear strategic visions. The challenge that exists is the ability to coordinate activities on a global scale and through partner associations. Software programs (ERP) and intranet technologies have developed internal communication, but they are not always capable of getting the message ...