bus499 week 9 discussion 1 AND response

Question Description

Week 9 Discussion

Please respond to the following:

Why do firms experience evolutionary cycles in which there is a fit between strategy and structure, punctuated with periods in which strategy and structure are reshaped? Provide examples of global firms that have experienced this pattern.
Choose a CEO of a prominent firm that you believe exemplifies the positive aspects of strategic leadership. What actions does this CEO take that demonstrate effective strategic leadership? What are the effects of those actions on the firm’s performance?
AND RESPOND TO THIS POST DIRECTLY:
gnole

Week 9 Discussion

Firms experience evolutionary cycles because people working in the organization change and get older, thus gaining more experience in the business. The firms will reshape the strategy and organizational structure to incorporate the experienced employees and adapt to the changing environment. Global firms such as Microsoft experienced evolutionary cycles whereby they changed the CEO to incorporate modern leaders who would reshape the firm’s strategy and structure to enhance corporate success. The changes in the environment and people cause regular evolutionary cycles in companies.Elon Musk, the CEO of Tesla, depicts the positive aspects of strategic leadership because he able to express the strategic vision and aspiration of the company and persuading shareholders and other people on the potential to achieve the vision of the organization (Chhotray, Sivertsson, & Tell, 2018). In most occasions, Musk projects innovative solutions that appear unachievable, but his leadership has inspired productivity and thus, helping the firm to achieve significant outcomes. His strategic leadership has helped to create a culture of positive vision and aspiring to achieve big goals in electric automobiles and space technology. His actions have positive effects on the firm’s performance, with Tesla reporting an improvement in financial performance and growth of assets.

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