Question

Successful strategic leaders are committed to helping the firm create value for all stakeholder groups, committed to nurturing those around them, and decisive. Which of the following options is correct?

1) committed to helping the firm create value for all stakeholder groups.
2) committed to nurturing those around them.
3) decisive.
4) All of these options are correct.

Answer 1

Successful strategic leaders possess several key qualities: committing to creating value for all stakeholder groups, nurturing those around them, and being decisive.

Step-by-step explanation:

Successful strategic leaders possess several key qualities:

1. They are committed to helping the firm create value for all stakeholder groups. This means that they prioritize the interests of not just the shareholders, but also employees, customers, suppliers, and the community.
2. They are committed to nurturing those around them. This involves mentoring and supporting individuals within the organization, helping them develop their skills and achieve their potential.
3. They are decisive. Strategic leaders make well-informed decisions and take decisive action in a timely manner.

Therefore, option 4) All of these options are correct as successful strategic leaders demonstrate all of these qualities.