The OPM3 Consists of Three Stages or Steps:________, Assessment, and Improvement

question 37

Multiple Choice

The OPM3 consists of three stages or steps:________, assessment, and improvement.

• A) design
• B) training
• C) conversion
• D) knowledge

Understand the concept of organizational creativity and innovation, including their differences and interrelation.

Identify and analyze models of decision-making within organizations, including rational, political, and evidence-based models.

Recognize the barriers to creativity and innovation within organizations, such as perceptual, emotional, and cultural blocks.

Explore various influence methods within organizations and their effectiveness.

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Definitions:

Macro Strategy

High-level approaches and objectives focused on overall goals and financial performance of an organization or economy.

Operational Excellence

Involves a firm’s focus on efficient operations and excellent supply chain management.

Market Share

The percentage of an industry's sales that a particular company secures over a specific time period.

Boston Consulting Group (BCG)

A global management consulting firm known for its expertise in business strategy and the development of the BCG matrix.