What Does a Good Strategy Execution Require

question 73

Multiple Choice

What does a good strategy execution require?

• A)a team effort with all managers having strategy executing responsibility in their areas of authority, and making all employees active participants in the strategy execution process
• B)incremental changes to current operating practices be implemented to ensure existing resource capabilities are not impacted too severely
• C)little consensus building, despite the magnitude of the proposed changes, because employees know the benefits gained from the planning process
• D)the strategy-critical value chain activities to be simplified so that all company personnel can be cognizant of the benefits of the execution parameters
• E)additional investments in capital projects rather than adding to a company's talent base and building intellectual capital

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Definitions:

Logistical Information

Data and details that pertain to the planning and execution of operations, typically within the context of transportation, supply chain, and distribution.

Agreed-Upon Duration

The specific time period that has been mutually decided upon by all parties involved in a project or activity.

Timekeeper

A person or device responsible for tracking and managing the time during an activity or event.

Meeting Process

The structured sequence of activities and discussions designed to achieve specific objectives during a group gathering.