Academic journal article UTMS Journal of Economics

The Need of Connecting the Technology, Political and Cultural System

Academic journal article UTMS Journal of Economics

The Need of Connecting the Technology, Political and Cultural System

Article excerpt

INTRODUCTION

In the term of globalization the company must respond to the changeable environment by adopting own systems (Brown 1993, 26).

The strategy focused leadership (SFL) is very important for successfully leading the companies through the intensive and complex technology dependent industries. SFL can be defined as series of processes which dictate the level until which the organizations are effective in the basic connections between the people, technologies, working processes and business opportunities.

In the Paper is pointed the importance of selection of employees and team building. Also, the dynamic aspects of system are analyzed.

1.STRATEGY FOCUSED LEADERSHIP

The strategy focused leadership is the complex system which consists of interconnected parts.

The main goal is recognition of conditions and possibilities and focusing the activities on parts of the whole for reaching bigger effects of working (Kaplan and Norton 2001, 7).

Bellow, in the Table 1, the two dimensions of SFL will be shown: internal and external (Sosik 2004, 10).

From the Table 1, can be noticed that the internal dimension of SFL covers the selection and development of employees, communication, rewarding and rational using the resources. The external dimension can be seen in focusing on the trends and forming the potential strategic alliance.

1.1.The model of strategy focused leadership

In this part of the paper, the Model of strategy focused leadership will be analyzed. The Model first describes the processes where the leaders predict the strategy which can be reached with input reserved from environment and then include them in integrative parts or system of social, technical and intellectual resources. All these parts result with high level of financial performance, customer satisfaction, knowledge, better communication.

In the Table 2, the main parts of Model of strategy focused leadership: input, processes and output are presented.

Bellow, the processes are shortly described. Recognition of trends and focusing on the main message of the strategy is part of the "dreaming for the success" process.

The process of "setting the appropriate base" means that the executive leaders should identify the key factors and select the strengths and weaknesses, opportunities and threats, according to Hemli, Allwood, Martin, and Mumford (2013, 5). That will define the current and future position of the company.

These factors include the market, economy conditions, demography, technology, international politics and socio- culture trends. Focusing on the main message and strategies means skills and inspiring commitment to the vision.

Building the success shows that the strategy focused leadership must actively support the organizational innovations, communications and processes of self learning (Liebhart and Garcia-Lorenzo 2010).

In realizing the dream phase the leaders should support the main message and strategy and focus on the form of future success (Nwankwo and Richardson 1996). This includes creating a sustainable organizational culture which reflects the organizational behavior, norms and expectations of their members (Shuklev and Drakulevski 2001, 236).

From the Table 2, it can be noticed that with the processes of strategy focused leadership, the inputs of: partners, employees, technology, ICT, trends, financial and business resources are transferred into outputs like: better performances, enlarging knowledge base, better relations and connections between employees and leaders.

1.2.Selection of employees

For realizing the strategy, the executive leaders must select and develop staff and technology according to the formulated strategy. The employees and technology are the main support of the strategy plan. Selection and development of personnel in direction of strategy include the selection of real followers and acceleration of their development into leaders. …

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