Leading the Strategy Execution Process Read the overview below and complete the activities that follow. For an enterpris
Posted: Wed Jul 06, 2022 6:04 am
Leading the Strategy Execution Process
Read the overview below and complete the activities thatfollow.
For an enterprise to execute its strategy in truly proficientfashion, top executives must take the lead in the strategyimplementation process and personally drive the pace of progress.They have to be out in the field, seeing for themselves how welloperations are going, gathering information firsthand, and gaugingthe progress being made. Proficient strategy execution requirescompany managers to be diligent and adept in spotting problems,learning what obstacles lay in the path of good execution, and thenclearing the way for progress—the goal must be to produce betterresults speedily and productively. There must be constructive, butunrelenting, pressure on organizational units to (1) demonstrateexcellence in all dimensions of strategy execution and (2) do so ona consistent basis—ultimately, that’s what will enable awell-crafted strategy to achieve the desired performanceresults.
The specifics of how to implement a strategy and deliver theintended results must start with understanding the requirements forgood strategy execution. Afterward comes a diagnosis of theorganization’s preparedness to execute the strategic initiativesand decisions on how to move forward and achieve the targetedresults. In general, leading the drive for good strategy executionand operating excellence calls for three actions on the part of themanagers in charge:
The goal of this exercise is for you to understand whatconstitutes effective managerial leadership in achieving superiorstrategy execution.
Before completing this exercise, be sure to read Chapter 12,“Corporate Culture and Leadership;” specifically, the sectionentitled “Leading the Strategy Execution Process.”
Management by Walking Around (MBWA) is one technique thateffective leaders use to
Multiple Choice
check up on employees to make sure they are doing theirjobs.
stay informed about how well the strategy execution process isworking.
give motivational talks to employees.
meet with important customers in the field.
check up on inventory control and supply chain management.
Which of the following is NOT a success factor in makingcorrective adjustments to strategic execution?
Multiple Choice
A thorough analysis of the situation.
Weeding out low-performing employees.
Identifying and evaluating options.
Exercising good business judgment in deciding the course ofaction to take.
Good implementation of the corrective action.
Read the overview below and complete the activities thatfollow.
For an enterprise to execute its strategy in truly proficientfashion, top executives must take the lead in the strategyimplementation process and personally drive the pace of progress.They have to be out in the field, seeing for themselves how welloperations are going, gathering information firsthand, and gaugingthe progress being made. Proficient strategy execution requirescompany managers to be diligent and adept in spotting problems,learning what obstacles lay in the path of good execution, and thenclearing the way for progress—the goal must be to produce betterresults speedily and productively. There must be constructive, butunrelenting, pressure on organizational units to (1) demonstrateexcellence in all dimensions of strategy execution and (2) do so ona consistent basis—ultimately, that’s what will enable awell-crafted strategy to achieve the desired performanceresults.
The specifics of how to implement a strategy and deliver theintended results must start with understanding the requirements forgood strategy execution. Afterward comes a diagnosis of theorganization’s preparedness to execute the strategic initiativesand decisions on how to move forward and achieve the targetedresults. In general, leading the drive for good strategy executionand operating excellence calls for three actions on the part of themanagers in charge:
The goal of this exercise is for you to understand whatconstitutes effective managerial leadership in achieving superiorstrategy execution.
Before completing this exercise, be sure to read Chapter 12,“Corporate Culture and Leadership;” specifically, the sectionentitled “Leading the Strategy Execution Process.”
Management by Walking Around (MBWA) is one technique thateffective leaders use to
Multiple Choice
check up on employees to make sure they are doing theirjobs.
stay informed about how well the strategy execution process isworking.
give motivational talks to employees.
meet with important customers in the field.
check up on inventory control and supply chain management.
Which of the following is NOT a success factor in makingcorrective adjustments to strategic execution?
Multiple Choice
A thorough analysis of the situation.
Weeding out low-performing employees.
Identifying and evaluating options.
Exercising good business judgment in deciding the course ofaction to take.
Good implementation of the corrective action.