Changing a Problem Culture to Create Better Alignment with Strategy

question 84

Multiple Choice

Changing a problem culture to create better alignment with strategy generally does not involve

• A) replacing old-culture managers with new-breed managers.
• B) designing compensation incentives that boost the pay of teams and individuals who display the desired cultural behaviors and hit change-resisters in the pocketbook.
• C) altering the company's strategic vision and/or its strategic and financial objectives.
• D) using company gatherings and ceremonial occasions to praise individuals and groups that display the desired new cultural traits and behaviors.
• E) both symbolic and substantive actions by executives to implant new cultural behaviors.

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Definitions:

Supply Chains

Networks of businesses and processes that work together to produce and deliver a product or service to consumers.

Profit Margin

The percentage of revenue remaining after all expenses have been deducted from sales, indicating the financial health and efficiency of a business.

Efficient Supply Chains

Supply chains that are effectively managed to ensure the right products are delivered at the right time to the right place with minimal waste and cost.

Low Inventory Levels

A situation where a business holds a minimal amount of products in stock to reduce holding costs and increase efficiency.