Describe at least three ways that a strategic leader can inspire stakeholders to achieve the company's vision.
What will be an ideal response?
Answers to this question will vary, however students can describe any of the following actions:
Lead by example - behave in ethical ways that provide an example of acting with integrity.
Include teams of managers in the process of making major decisions.
Encourage and reward employees for implementing strategies that support the company's vision.
Develop and implement strategies that are consistent with the vision.
Select top management team members with a variety of backgrounds and experiences (heterogeneous top management team).
Develop an effective plan for management succession.
Effectively manage the firm's resource portfolio.
Build an entrepreneurial culture.
Promote integrity and ethical behavior.
Use effective control systems.
You might also like to view...
Change 4859 to powers of ten form with an exponent of:
a. 3 b. 2 c. 4
Find the radian measure of a central angle of the circle of radius r that intercepts the arc of length s. Round your answer to three decimal places.r = 3 meters, s = 8 meters
A. 8.378 radians B. 24 radians C. 0.375 radians D. 2.667 radians
Solve the problem.Suppose that the number of inhabitants of Country A is given by million, and the number of inhabitants of Country B is given by
million, where x is the number of years since 2010. When the number of inhabitants of Country A equals the number of inhabitants of Country B, how many people inhabit each country?
A. 849,072,000 people B. 848,346,000 people C. 849,798,000 people D. 847,620,000 people
Use identities to fill in the blank with the appropriate trigonometric function name. 14° = csc 76°
A. csc B. sin C. sec D. cot