Deck 13: Organisational Renewal for Strategic Innovation

Question 1

In the current business environment CEOs are questioning their operations and responses

Answer 1

True

Question 2

The challenges posed to all business players pose three key questions

Answer 2

False

Question 3

The Western dominant business game is market fundamentalism

Answer 3

True

Question 4

A lottery culture has emerged and loan sharks prey on struggling members of society

Question 5

MNCs are losing ground in Africa, Asia and South America

Question 6

SMEs are the backbone of Europe's economy

Question 7

There are three basic corporate game plays

Question 8

There are six main business strategies

Question 9

Organisations can be stretched in four main ways in highly competitive markets

Question 10

Organisational culture is so complex it belies analysis

Question 11

Seven key themes emerge from the argument developed in the text that senior managers should address

Question 12

Top and senior managers must own change programmes and back them fully

Question 13

There are six key advantages of the Theory Z approach to business

Question 14

The Theory WB approach places a high value on the contribution of employees in times of cost pressure and or fiercely competitive markets and avoids the consequences of the Three-Way Stretch model

Question 15

There are seven keys to the Well-being manifesto

Question 16

Workplace democracy lies at the heart of the Theory WB approach

Question 17

There are two key matters for organisations to consider when pre-planning a change programme

Question 18

Organisations only need to understand their people and the task before developing the detail of their innovation programmes

Question 19

When top management approach change initiatives taking care to pre-plan and address the five necessary conditions posited by McGreevy evidence indicates the change programmes will work

Question 20

Effective strategic innovation occurs when organisations adhere to the TEAM (together everyone achieves more) philosophy