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Crafting and Executing Strategy Study Set 2
Quiz 12: Corporate Culture and Leadership: Keys to Good Strategy Execution
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Question 101
Essay
Enumerate at least four actions that managerial leadership can take to mobilize the effort for excellence in strategy execution.
Question 102
Essay
When a company's strategy execution effort is not delivering good results, it is the leader's responsibility to step forward and initiate corrective actions. What are some of the actions a leader can take to correct the strategy execution effort?
Question 103
Essay
Explain how managerial leadership can foster a high-performance culture.
Question 104
Essay
Identify and briefly discuss four steps that managers can take to change a culture that is out of step with the company's strategy.
Question 105
Essay
Give two examples of "symbolic" culture-changing actions and two examples of "substantive" culture-changing actions.
Question 106
Essay
What are the primary responsibilities of top-level executives in the strategy implementation and execution effort?
Question 107
Essay
What is the role of managerial leadership in changing a problem corporate culture?
Question 108
Essay
What are the two things involved in the leadership challenge to consistently achieve good strategy execution?
Question 109
Essay
You are an employee at a pharmaceutical company that manufactures and markets off-patent, generic treatments for various common ailments. It has just been reported in the press that the CEO of your company personally spearheaded a sudden fourfold price increase in the prices charged for a particular generic medication while taking a huge pay raise for herself. The CEO has worked for your company for 25 years. The same press report revealed that your CEO's alma mater awarded her a business degree 10 years after she had attended the school, even though she had completed only about half of the coursework. Your company's motto states: "We challenge every member of every team to challenge the status quo. Embrace change. And drive the business forward with passion and commitment. We have integrity. We behave responsibly." As an employee of this company, how would you characterize the culture?
Question 110
Essay
Identify and discuss the three ways that a corporate culture, grounded in actions, behaviors, and work practices and conducive to good strategy implementation can assist corporate strategy execution.