Answered: Discuss the role of leadership in…

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

Related questions

Question

Discuss the role of leadership in effective planning. How do leaders inspire and guide their

teams to create and execute successful plans

Expert Solution

Step 1: Introducing Effective planning:

Effective planning is the compass that guides people and organizations toward their craved goals.
It is the deliberate process of setting clear objectives, strategically apportioning resources, and making a roadmap to victory.
Successful planning engages people and groups to create informed choices, adapt to changing circumstances, and remain centered on their targets.
It transforms abstract visions into significant steps and serves as the establishment for accomplishing individual and proficient aspirations.
In essence, effective planning is the bridge between aspiration and achievement, empowering us to turn dreams into reality.