A particularly important twenty-first-century challenge facing all strategists today is
A) deciding whether the process should be more an art or a science.
B) deciding whether strategies should be visible or hidden from stakeholders.
C) deciding whether the process should be more top-down or bottom-up in their firm.
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

All of the options listed are important challenges facing strategists in the current business environment. The choice between whether the strategic planning process should be more of an art or a science requires a balance between quantitative analysis and qualitative insights. Deciding whether strategies should be visible or hidden from stakeholders relates to the level of transparency in the decision-making process, an important consideration in today's age of social media and instant communication. The choice between top-down or bottom-up approach is also important as firms face increasing pressure to be agile and respond quickly to changes in the market. Therefore, the correct answer is all of the above.

A Particularly Important Twenty-First-Century Challenge Facing All Strategists Today Is