Enumerate at least four actions that managerial leadership can take to mobilize the effort for excellence in strategy execution.
What will be an ideal response?
Leading the effort to foster a results-oriented, high-performance culture generally entails such leadership actions and managerial practices as:
1. Treating employees as valued partners
2. Fostering an esprit de corps that energizes organization members
3. Setting stretch objectives and clearly communicating an expectation that company personnel are to give their best in achieving performance targets
4. Using empowerment to help create a fully engaged workforce
5. Using the tools of benchmarking, best practices, business process reengineering, TQM, and Six Sigma to focus attention on continuous improvement
6. Using the full range of motivational techniques and compensation incentives to inspire company personnel, nurture a results-oriented work climate, and reward high performance
7. Celebrating individual, group, and company successes
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A disadvantage to manufacturers for using a distributor's sales force is that it generally tends to increase costs
Indicate whether the statement is true or false
Which is not true of the z?, formula for a population percentage estimation?
A) The z stands for the z value for the level of confidence. B) The z value will typically be for a 95% or 99% level of confidence. C) The a equals the sample percentage. D) The a will typically be for a 95% or 99% level of confidence. E) The z value will normally correspond to ±1.96 or ±2.58 standard errors.
status quo means ______.
a. things as they are b. a constant state of change c. contextualizing what is going on d. none of these
Because of space limitations, examples are normally inappropriate in an executive summary
a. true b. false