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To take advantage of the opportunities, and to effectively face the challenges, which the future will present, managers need to enhance their competence for making leadership decisions. These decisions affect all issues in strategy formulation, and implementation, for organizations and organizational units. The resultant relationships will be discussed using several well‐known strategy implementation models. Learners can develop and improve leadership‐in‐management decision making by applying three relatively simple questions, which provide a foundation for adding practical perspective to the findings of leadership research. These three questions serve as reminders of all the issues that should be considered by managers. They address the establishment of direction (vision and goals), development and improvement of individual and stakeholder competence, and the strengthening of an achievement‐oriented climate that is satisfying for all stakeholders.

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