Good strategy combined with good strategy execution:
A) offers a surefire guarantee for avoiding periods of weak financial performance.
B) are the two best signs that a company is a true industry leader.
C) are more important management functions than forming a strategic vision and setting objectives.
D) are the most telling signs of good management.
E) signal that a company has a superior business model.

Question

Quizplus · Accepted Answer

Good strategy and good strategy execution are both important, but the most telling sign of good management is the ability to execute on a well-formed strategy. Avoiding weak financial performance and being an industry leader are potential outcomes of good strategy and execution, but they are not the primary indicators of good management. Superior business models may also result from good strategy and execution, but again, the focus is on the capabilities of the management team.

Good Strategy Combined with Good Strategy Execution