Final answer:
Successful strategic leaders are (D) All of these options are correct, as they create value for stakeholders, nurture their teams, and are decisive. They embody a balance of leadership styles and are crucial for steering organizations effectively.
Step-by-step explanation:
Successful strategic leaders are (D) All of these options are correct. They are committed to numerous responsibilities that involve not only the company's performance but also its values and dealings with various stakeholder groups. A successful leader in today's business environment must be committed to creating value for all stakeholder groups, including shareholders, employees, customers, and the broader community. This aligns with the theory that the board of directors ensures that a firm operates in the interests of its true owners- the shareholders.
Additionally, strategic leaders are also known for nurturing those around them, indicating that they recognize the importance of human capital and invest time and resources in developing the people in their organization. Furthermore, being decisive is a critical attribute of successful leaders, as it involves making tough decisions promptly to steer the organization in the right direction.
These attributes of strategic leaders can be linked to various types of leadership styles, such as democratic leadership, which encourages group participation, and authoritarian leadership, which focuses on meeting goals and issuing orders. Different situations call for different leadership styles, but a strategic leader often needs a combination of these styles to successfully navigate complex business environments.