The principal managerial actions and initiatives undertaken in the strategy execution process include which of the following?
A) Building an organization with the capabilities,people,and structure needed for execution
B) Instituting policies and procedures that facilitate rather than impede effective strategy execution
C) Allocating ample resources to required activities
D) Tying rewards directly to achievement of performance objectives
E) All of these

Question

Quizplus · Accepted Answer

All of these options are crucial in the strategy execution process. Building an organization with the appropriate capabilities, people, and structure is essential to execute a strategy successfully. Instituting policies and procedures that facilitate rather than impede effective execution ensures that the organization is moving forward efficiently. Allocating ample resources to required activities ensures that the organization has the necessary means to execute the strategy. Tying rewards directly to achievement of objectives help motivate employees to work towards meeting performance goals. Therefore, all of these options are principal managerial actions and initiatives undertaken in the strategy execution process.

The Principal Managerial Actions and Initiatives Undertaken in the Strategy