Leading and managing change - Essay Example here for which trade-offs are necessary they are inconsistencies in reputation or image, different configurations are essential for different positions, etc. A strategy which is framed by an organization enables a firm to achieve the best fit amongst all its activities. In this study a critical analysis will be performed on different theories which describe the major aspects of strategic planning. The entire study would even highlight the difference between operational effectiveness and strategic planning. On the other hand the study would even outline the importance of leadership to manage such strategic planning. These strategy formulations often lead to widespread changes throughout the system. In context of change management it is essential that appropriate leadership approach is adopted so that change can be communicated effectively throughout an organization. It is even important that there is a common goal set for the change so that all team members can efficiently accomplish the set goals or objectives.
