These components of strategic leadership make up the key traits of strategic leaders and how they contribute to their success. By actively building on these traits you can develop into a stronger leader. Many different styles of leadership exist for managing a company and its employees. Under the operational excellence mode, beneath the four main categories, fall tools and methodologies to achieve such objectives as vision and risk management. A leader must be an excellent listener, in order to truly understand the needs of their team. There are common traits that define leadership, and finding them only takes some study of those who have been successful. Leadership. These three concepts come into play as operations managers make good decisions in the seven major functional areas of operations management, otherwise known as operations decisions. An autocratic leader tells people what to do and expects employees to do as instructed, while democratic leaders create a more open environment where employees are free to make suggestions and share ideas. Operational management must, in turn, translate the medium-term goals of middle management to short-term goals and plans that, when carried out, lead to the realization of middle management’s objectives. The four (4) V’s of operational management are Volume, Variety, Variation, and Visibility. CHAPTER 4 LEADERSHIP THEORIES AND MODELS 1. In order to be an effective manager, you need to be able to lead your employees in an efficient manner. One phrase that may come to mind is "he or she is a born leader". Jun 09, 2017. It has been in use only for about two hundred years, although the term leader, from which it was derived, appeared as early as A.D. 1300 (Stogdill, 1974). “Making a successful leadership transition requires a shift from the confines of a clearly defined operational network…It is a challenge to make the leap from a lifetime of functional contributions and hands-on control to the ambiguous process of building and working through networks. Every company operates somewhat similarly but in terms of the four (4), V’s they differ. Experience. “The key is a good framework, sometimes referred to as the operational excellence house. The often made misconception is that leadership is a skill that people are born with. Product and Service Management. Operational managers account to middle management, which creates tactical goals and plans that must be realized in a year or less. INTRODUCTION The term leadership is a relatively recent addition to the English language. When you hear the term, leader, a number of images may pop into your head. Leadership Characteristics can be learned over the course of a career and the following page will show the most important characteristics of successful leaders, which have been demonstrated over time. Now if we look at the characteristics of a leader. The following 10 traits are common strategic leadership characteristics and help these individuals motivate and inspire their teams to produce better business results. 10 Characteristics of an Effective Manager. Related: 4 Critical Traits of Great Leaders What is it that makes a great COO? Leadership vs. Management: Characteristics of a Leader. A lot of responsibility comes with being a manager, and being able to lead a team is required. Strategic OM Decisions. Studying the characteristic of leadership is useful because we tend break things into characteristics to make big concepts easier to handle. 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