The Three Components of Building a Capable Organization Are

question 88

Multiple Choice

The three components of building a capable organization are

• A)making periodic changes in the firm's internal organization to keep people from getting into a comfortable rut, instituting a decentralized approach to decision-making, and developing the appropriate competencies and capabilities.
• B)hiring a capable top management team, empowering employees, and establishing a strategy-supportive corporate culture.
• C)putting a centralized decision-making structure in place, determining who should have responsibility for each value chain activity, and aligning the corporate culture with key policies, procedures, and operating practices.
• D)staffing the organization, acquiring, developing, and strengthening key resources and competitive capabilities, and structuring the organization and work effort.
• E)optimizing the number of core competencies and competitive capabilities, making sure that all managers and employees are empowered, and maximizing internal operating efficiency.

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Definitions:

Contractors

Individuals or companies hired to perform specific tasks or projects for a limited period, typically without being considered employees.

Central Core

The essential and most important component or aspect of something, often serving as its foundation.

Decision-Making Authority

The power or right delegated to an individual or group to make decisions and act on behalf of an organization.

Decentralised

A system where decision-making powers are distributed among various levels within an organization rather than being concentrated at a single point.