Leading the Drive for Good Strategy Execution and Operating Excellence

question 42

Multiple Choice

Leading the drive for good strategy execution and operating excellence calls upon senior executives to

• A) be very personable,an effective communicator,and skilled in the empowerment of company personnel.
• B) be out front personally leading the implementation process and driving the pace of progress.
• C) delegate little to subordinates and,instead,personally exert a strong,highly visible influence on the company's approaches to strategy execution.
• D) be creative in establishing policies and procedures that will instill high standards of operating excellence.
• E) be charismatic,a decisive decision-maker,and make inspiring speeches at company events.

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Definitions:

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A significant global economic downturn that occurred from late 2007 through mid-2009, recognized as the most severe since the Great Depression.

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The government's estimate of revenue and expenditure for a specific fiscal year.

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Refers to the government's financial year 2009, which varies by country but typically encompasses a 12-month period used for accounting and budget purposes.