QUESTION $1(30$ MARKS$)$

$"$In the contemporary business landscape, strategic leadership is recognized as a critical driver of organizational success. Analyze the key components of strategic leadership, discussing how visionary thinking, adaptability, decision$-$making, and innovation contribute to effective leadership. Explore the challenges that strategic leaders face in a dynamic environment and assess the impact of globalization and technological disruption on the strategic leadership paradigm. Provide examples from real$-$world scenarios to illustrate your points and argue how strategic leadership is essential for organizations to thrive amidst uncertainty and complexity."