Achieving and maintaining strategic competitiveness in the 21(st) century: The role of strategic leadership Academic Article uri icon

abstract

  • Competition in the 21st century's global economy will be complex, challenging, and filled with competitive opportunities and threats. Effective strategic leadership practices can help firms enhance performance while competing in turbulent and unpredictable environments. The purpose of this paper is to describe six components of effective strategic leadership. When the activities called for by these components are completed successfully, the firm's strategic leadership practices can become a source of competitive advantage. In turn, use of this advantage can contribute significantly to achieving strategic competitiveness and earning above-average returns in the next century. Academy of Management Executive.

published proceedings

  • ACADEMY OF MANAGEMENT EXECUTIVE

author list (cited authors)

  • Ireland, R. D., & Hitt, M. A.

citation count

  • 145

complete list of authors

  • Ireland, RD||Hitt, MA

publication date

  • January 1, 2005 11:11 AM