TITLE:
Unleashing Strategic Leadership Potential: Embracing Stewardship Theory for Strategy Execution and Organizational Growth
AUTHORS:
Liisa Ndapewa Kaapanda
KEYWORDS:
Strategic Leadership, Strategy Implementation, Strategy Execution, Steward-ship Theory, Management
JOURNAL NAME:
Creative Education,
Vol.14 No.12,
December
22,
2023
ABSTRACT: In today’s dynamic and competitive business landscape, effective strategy
execution is crucial for organizations to achieve their goals and sustain
growth. However, conventional top-down, control-based leadership approaches
often fall short of addressing the
complexities of strategy implementation, prompting a search for alter-native frameworks. This conceptual paper employs a qualitative research framework,
utilizing a comprehensive approach that combines literature review, emic perspective integration, synthesis of findings,
and critical analysis. Drawing insights from stewardship theory and related
literature, the findings reveal a distinctive leadership structure emphasizing
employee empowerment, trust building,
collaborative communication, and shared strategic leadership. Proposing
an integrated leadership framework for strategy execution rooted in stewardship
theory principles, the study advocates for a departure from conventional
top-down control. This framework offers a structured approach for leaders,
fostering innovation, commitment, and success in the pursuit of strategic
objectives. The article concludes with suggestions
for future studies, highlighting the need for contextual analysis and longitudinal studies to further enhance our
understanding of effective leadership in strategy execution.