What does a good strategy execution require?
A)a team effort with all managers having strategy executing responsibility in their areas of authority, and making all employees active participants in the strategy execution process
B)incremental changes to current operating practices be implemented to ensure existing resource capabilities are not impacted too severely
C)little consensus building, despite the magnitude of the proposed changes, because employees know the benefits gained from the planning process
D)the strategy-critical value chain activities to be simplified so that all company personnel can be cognizant of the benefits of the execution parameters
E)additional investments in capital projects rather than adding to a company's talent base and building intellectual capital

Question

Quizplus · Accepted Answer

A good strategy execution requires a team effort with all managers having strategy executing responsibility in their areas of authority, and making all employees active participants in the strategy execution process. This ensures that everyone is aligned with the strategy and actively contributing towards its success. Incremental changes may be necessary, but major changes may also be required. Consensus building and a simplified value chain are important, but not at the cost of ignoring the importance of investing in talent and intellectual capital.

What Does a Good Strategy Execution Require