The principal managerial components of the strategy execution process include which of the following?
A) Deciding how much to spend on employee training.
B) Instituting policies and procedures that facilitate strategy execution and tying rewards and incentives to the achievement of strategic and financial targets.
C) Doing an effective job of empowering employees.
D) Revamping the value chain in a manner calculated to maximize operating efficiency.
E) Selecting a capable top management team.

Question

Quizplus · Accepted Answer

The principal managerial components of the strategy execution process include instituting policies and procedures that facilitate strategy execution and tying rewards and incentives to the achievement of strategic and financial targets. Deciding how much to spend on employee training, empowering employees, revamping the value chain, and selecting a capable top management team are also important factors but not necessarily the principal components.

The Principal Managerial Components of the Strategy Execution Process Include