Question: Strategic management involves formulating and implementing the major goals and initiatives taken by an organization's top managers on behalf of owners, based on consideration of

Strategic management involves formulating and implementing the major goals and initiatives taken by an organization's top managers on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization operates. In light of this definition,a) Discuss the role of leadership in successfully implementing strategic change.b) Advise approach that organizations can use to balance short-term performance with long-term strategic goals

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