TITLE

Achieving and maintaining strategic competitiveness in the 21st century: The role of strategic leadership

AUTHOR(S)
Ireland, R. Duane; Hitt, Michael A.
PUB. DATE
February 1999
SOURCE
Academy of Management Executive;Feb99, Vol. 13 Issue 1, p43
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
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.
ACCESSION #
1567311

 

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