Reference no: EM132057573

Leaders are Strategists

"Without strategy, execution is aimless. Without execution, strategy is useless." - Morris Chang

Required Readings/Resources:
- Module 6 Overview
- How Successful Leaders Think

Discussion

What are the fundamental purposes of business and the responsibilities of strategic leaders? Milton Friedman, a noted free-market economist, suggested in 1970 that the sole purpose of business is to generate profit for shareholders. A fundamental basis for successful strategy, whether at the economy level or the company level, is understanding the purpose of an organization. Confusion over the means and ends relationships within a strategic thinking context can lead to devastation at all levels of the organization. In this discussion you are asked to reflect upon various points of view that relate to the purpose of business and the role of the strategic leader, and to defend your point of view with readings from the MBA program literature and course concepts.

Refer to the MBA Discussions power point presentation for tips on how to gain maximum learning and points from your discussion engagement.

- Post a substantive response to the question (minimum 250-300 words).
- Your initial post must contain citation of the course concepts. This can be in the form of one of the videos you watched, the text, or other appropriate, and relevant literature.
- Reply in a scholarly and substantive manner to at least two of your classmates.

Attachment:- Leaders are Strategists.rar