The payoffs of having a strategic vision that describes management's aspirations for the company's future and the course and direction charted to achieve those aspirations are not typically connected with
A) reducing the risks of rudderless decision making.
B) helping the organization prepare for the future.
C) avoiding strategic inflection points and management's reaction in aligning decision choices.
D) helping to crystallize top management's own view about the firm's long-term direction.
E) providing a tool for winning the support of organizational members for internal changes that will help make the vision a reality.
Correct Answer:
Verified
Q33: Effectively communicating the strategic vision down the
Q34: Common shortcomings of company vision statements include
A)too
Q35: Breaking down resistance to a new strategic
Q36: An engaging and convincing strategic vision
A)ought to
Q37: Perhaps the most important benefit of a
Q39: A company's mission statement does not
A)identify the
Q40: A company's values relate to such things
Q41: When trade-offs have to be made between
Q42: Strategic objectives
A)are more essential in achieving a
Q43: Managers can deliberately set challenging performance targets
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