which of the following is not among the types of actions and initiatives undertaken by management in the strategy execution process? building an organization capable of executing the strategy instituting policies and procedures that facilitate rather than impede strategy execution deciding which core competencies and value chain activities to leave as is and which ones to overhaul and improve pushing for continuous improvement in how value chain activities are performed tying rewards directly to the achievement of strategic and financial targets and to good strategy execution

Question

06-12-2022
Business

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which of the following is not among the types of actions and initiatives undertaken by management in the strategy execution process? building an organization capable of executing the strategy instituting policies and procedures that facilitate rather than impede strategy execution deciding which core competencies and value chain activities to leave as is and which ones to overhaul and improve pushing for continuous improvement in how value chain activities are performed tying rewards directly to the achievement of strategic and financial targets and to good strategy execution

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amankumar9082190 amankumar9082190 · Answer 1 · 2022-12-12T18:03:02+01:00

The type of actions and initiatives undertaken by management in strategy execution process is deciding which core competencies and value chain activities to leave as is and which ones to over haul and improve.

Therefore option (B) is correct for the given question.

Strategy execution is the implementation of a strategic plan in an effort to reach organizational goals. It is the daily structures, systems and operational goals that set your team up for success.

5 keys to successful strategy execution are:

Commit to a strategic plan

Align jobs to strategy

Communicate clearly to empower Employees

Measure and Monitor performance

Balance innovation and control

Setting strategic goals formulating a plan and executing a strategy each require a different set of plans

To know more about Strategy execution, click on the link below:

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