Management studies codify practical experiences to guide successful ventures. Leadership is crucial in aligning vision and strategy. The book emphasizes the importance of translating and executing strategy from senior ranks to individual employees, likening it to a relay race where passing the baton smoothly ensures uniform work enthusiasm.
Management studies are essentially the codification of practical experiences in the field that figure in the road map of a successful venture. Conclusions are drawn and theories are formulated based on these experiences. The match between vision and strategy makes for success. In all this, the leadership role is an important element. In the words of the authors, the present book "offers an introduction to one of the most critical aspects of the leadership role: guiding the translation and execution of strategy from the senior ranks of the organization down to the level of individual employees". The image developed in this book is one of a relay race where success lies in passing the baton smoothly and swiftly from one runner to the next till it reaches the frontline. In the process the entire line is enthused to work uniformly.
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