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The purpose of long-term economic acitivties is to achieve sustainability by realizing higher ranking targets that keep a business competitive. Not having a strategy doesn't save time or money, but rather dissipates an organization's strength.
There is no successful organisation without leadership. But leadership means being able to lead successfully in different situations. Appropriate management tools are needed. Combined, they form the intrinsic management style of an organization.
A proper strategy is crucial for effectiveness, while a proper management style is basic for efficiency. Both combined, result in good performance.
"Most of what we call management consists of making it difficult for people to get their work done" (Peter F. Drucker).
"The leader who exercises power with honor will work from the inside out, starting with himself" (Blaine Lee).
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