Identify and Explain Three Actions That Top Executives Can Take

question 77

Essay

Identify and explain three actions that top executives can take to help instill a spirit of high achievement into the corporate culture and mobilize organizational energy behind the drive for good strategy execution and operating excellence.

---

Definitions:

Bureaucracy

An organizational structure characterized by hierarchical authority, a detailed set of rules, and a clear division of labor, known for its efficiency and predictability.

Complex Adaptive Systems

Systems that are composed of interacting agents who adapt or respond to changes in their environment, often resulting in unforeseen outcomes.

Mechanic's Lien

A security interest granted over an item of property to ensure the payment of a debt or performance of some obligation arising from work performed or materials furnished in improving the property.

Personal Property

Movable assets owned by an individual or entity, such as furniture, vehicles, and electronics, as opposed to real estate.