Leadership management involves managing for results and takes into account strategy and development through a formulated process. This process represents a series of actions, changes, and functions to achieve specified results. It speaks to results, which are preferable, desired, and manifest in an orderly and effective way. Moreover, it asks the questions of how a business can get the most out of its resources of people, plant equipment and technology given the ever-present constraint on resources.
The principles guiding leadership management can be applied across both the manufacturing and service sectors, while extending to the links of the supply chain. The distillation of this process plays a decisive role in fostering the business’s competitive advantage.