"Strategic Management and Leadership: A Review of Their Role in Driving Change in Legacy Organizations"

Abstract

The role of strategic management and leadership is critical in driving successful organizational change within legacy organizations, which are often characterized by entrenched cultures, established practices, and historical identities. These organizations face significant challenges when adapting to a rapidly changing business environment driven by technological advancements, evolving consumer demands, and global competition. This paper explores the intricate relationship between strategic management decisions, leadership behaviors, and the outcomes of organizational change, particularly focusing on how strategic decision-making and leadership styles influence the success or failure of transformation efforts. The study examines the importance of aligning strategic management with leadership approaches, particularly transformational leadership, in overcoming resistance to change and fostering employee engagement. Effective communication, cultural alignment, and a strategic approach to managing change are discussed as key factors for legacy organizations to navigate the complexities of transformation. By integrating these elements, legacy organizations can not only adapt to change but also thrive in dynamic environments. The paper highlights the need for a comprehensive approach that combines strategic decision-making with leadership behaviors to ensure long-term success in organizational change initiatives.