Why is it necessary for top management to communicate strategy to lower levels?
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Why is it necessary for top management to communicate strategy to lower levels?
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- Why is it necessary for senior management to communicate strategy to lower levels?Why top level managers require more conceptual skills?1,Discuss the 6 points of strategy -direction -market scope -competitive advantage -resources -environment -stakeholders 2. why do you have to understand the different strategies in the level of management hierarchy?
- Why strategic management can be hard to do and hard to sustain ?which is more important in an organization. CULTURE or STRATEGY Does the culture of an organization drive strategy? Or does strategy drive the culture?Why is it necessary for top management to communicate strategy to lower levels? Answer in 20 minutes
- Managemen:- How can organizations ensure that their plans are aligned with their core values and strategic direction?“An organisation’s structure influences the effectiveness of strategy implementation”. Do you agree? Discuss.Crafting and executing strategy are thus core management tasks. Among all the things managers do, nothing affects a company’s ultimate success or failure more fundamentally than how well its management team charts the company’s direction, develops competitively effective strategic moves, and pursues what needs to be done internally to produce good day-in, day-out strategy execution and operating excellence. Indeed, good strategy and good strategy execution are the most telling and trustworthy signs of good management. The rationale for using the twin standards of good strategy making and good strategy execution to determine whether a company is well managed is therefore compelling: The better conceived a company’s strategy and the more competently it is executed, the more likely the company will be a standout performer in the marketplace. In stark contrast, a company that lacks clear-cut direction has a flawed strategy, or can’t execute its strategy competently is a company whose…
- 2- why lower level managers require more technical skills?2. "Strategic management is a very complex process" ExplainWhich type of plan follows all the sequences of positions (Top, Middle, and Lower) of an organization? And what plans are made in these hierarchal positions? Explain with examples and detail?