If Intended Strategies Are Often Not Realized,then Why Should Top

question 9

Essay

If intended strategies are often not realized,then why should top managers invest time and energy into the strategic management process?

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Definitions:

Virtual Team

A group of individuals who work together from various geographic locations and rely on communication technology to collaborate.

Team Building

The action or process of encouraging members of a group to increase their cooperation, communication, and collaboration to enhance team performance.

Self-managing Teams

Groups that operate without direct supervision, assuming responsibility for managing their work and processes.

Cross-functional Team

A group composed of members with varied expertise and skills from different specialties or departments within an organization, working together towards a common goal.