Contents

• Introduction 3
• Critical Role of Strategic Leadership 3
• Communication and Creating Vision 4
• Building up Work Environment 5
• Motivation and Inspiring Trust 6
• Reconciling Personal Goals with Organizational Goals 7
• Summary 8
• References 9

Description

Across different sectors, leadership has always been an integral part for the progress of any company. It is the process of influencing the members to willingly perform the assigned tasks so as to transform their potentiality into effective results. A good organizational leader controls all the aspects of the operations successfully. The leaders are responsible for providing shared vision and set objectives. Moreover, they too generate strategies so as to accomplish the targeted objectives. Nevertheless, in this competitive world, innovation has become one of the most important concerns. It is considered to be the success key of the organization. The organizations that implement innovative ideas are able to scale up and grab a large share of the market. Keeping in mind that innovation helps to stand out from other competitors, the leaders need to support the creativity within an organization. This would help in offering something unique to the customers. This study intends to explore the importance of innovation in triggering change and the associated critical role of leadership within the organizations.