Strategic Management and Effective Leadership

This research intend to explain strategic management and how strategic management can bring effective, improved and innovative changes in the organization. Strategic management is very important in determination of vision and mission of any organization. Further, it encourages the organization to execute compelling strategies to accomplish that vision. The study tells that leadership serves as a link between the soul and the body of an association. In India, the field of strategic management is slowly coming out of its nascent stage. More and more organizations are following the path, based on strategic management practices.