Ultimate responsibility for seeing that a strategy is executed successfully primarily falls upon the shoulders of:
A) a company's chief executive officer,its chief operating officer,and the heads of major units (business divisions,functional departments,and key operating units).
B) first-line supervisors who have the day-to-day responsibility of seeing that key value chain activities are done properly.
C) the company's board of directors because board members are the final authority in overseeing and conducting daily operations.
D) a company's whole management team-each manager is responsible for attending to what needs to be done in his/her respective area of authority and thus should be held accountable for the strategy's success or failure.
E) all company personnel because all employees are active participants in the strategy execution process and the caliber of their actions have a huge impact on the ultimate outcome.

Question

Quizplus · Accepted Answer

The ultimate responsibility for executing a company's strategy lies with the top management team, which includes the CEO, COO, and heads of major units. They set the direction for the organization, allocate resources, and monitor progress. However, successful execution requires the collaboration and involvement of all employees at every level, making choice E partially correct but not the best choice. Choice B is incorrect as first-line supervisors are responsible for overseeing tactical operations, not the overall strategy. Choice C is incorrect as the board of directors is responsible for governance, not daily operations. Choice D is incorrect as while managers have specific areas of authority, they are accountable to the top management team for executing the company's strategy.

Ultimate Responsibility for Seeing That a Strategy Is Executed Successfully