Read/review the following resources for this activity:
- Textbook: Chapter 11, 12
- File (PDF): Presentation (McGraw-Hill, 3e) – Chapter 11, 12 (in Course Documents)
- Minimum of 1 reliable resource for initial post
Introduction
An important component of successful strategy execution involves managerial actions to develop and strengthen organizational competencies and competitive capabilities, and to structure the overall work effort in ways that promote coordinated, competent performance of execution-critical value chain activities. Additional managerial tasks that shape the outcome of efforts to execute a company’s strategy include creating a corporate culture that promotes good strategy execution and leading the strategy execution process. This discussion will allow you to gather a more comprehensive understanding of these managerial tasks and how vital they are to ensuring optimal company performance.
Initial Post Instructions
For your initial post, address the following:
- Out of the seven managerial actions discussed that advance the cause of good strategy execution, which one do you think is the most effective for a company to implement? Explain why you think would it result in the best possible outcomes.
- What are some reasons this managerial action would be the most appropriate to implement? Be specific and provide examples.