week 5 lo

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Week5LODB.docx

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Need total 1.5 page answer for Discussion Questions

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Learning Objectives

CH. 10 Building an Organization Capable of Good Strategy Execution People, Capabilities, and Structure

LO 1 What managers must do to execute strategy successfully.

LO 2 Why hiring, training, and retaining the right people constitute a key component of the

strategy execution process.

LO 3 That good strategy execution requires continuously building and upgrading the

organization’s resources and capabilities.

LO 4 What issues to consider in establishing a strategy-supportive organizational structure

and organizing the work effort.

LO 5 The pros and cons of centralized and decentralized decision making in implementing

the chosen strategy.

CH.11 Managing Internal Operations Actions That Promote Good Strategy Execution

LO 1 Why resource allocation should always be based on strategic priorities.

LO 2 How well-designed policies and procedures can facilitate good strategy execution.

LO 3 How best practices and process management tools drive continuous improvement in

the performance of value chain activities and promote superior strategy execution.

LO 4 The role of information and operating systems in enabling company personnel to carry

out their strategic roles proficiently.

LO 5 How and why the use of well-designed incentives and rewards can be management’s

single most powerful tool for promoting adept strategy execution.

Discussion Question (need 0.75-1 page answer)

Make an argument as to why the Balanced Scorecard should be included in a Strategy Execution Process. How would omitting it affect the implementation process?