Exam 11: Change Management and Strategic Leadership

Strategies may fail for lack of appropriate or adequate resources.

As the business environment becomes increasingly complex, the demand for environmental decreases.

____ anxiety is the feeling that unless an organization makes a change, it is going to be out of business or fail to achieve some important goals.

Write an inspiring vision statement for an organization you work or worked for. If the company has one, you may use it or revise it. Explain why you think it has an inspirational appeal.

Discuss how an organization's objectives may affect its search for opportunities.

Learning anxiety is the prospect of learning something new in itself.

Effective leaders downplay employees' resistance to change and realize that it is a discipline problem.

SWOT analysis includes all of the following EXCEPT:

All of the following questions embody the essence of a strategic vision and mission statement EXCEPT:

____ is a capability that allows an organization to perform extremely well in comparison to competitors.

A vision statement specifies an organization's present purpose.

A basic distinction between strategic leadership and strategic management is that strategic management envisions where the organization would like to be in five to ten years while strategic leadership focuses on how to achieve the vision.

In terms of resistance to change, the learning anxiety and the fear of learning something new can be reduced by

An organization's external environment presents strengths and weaknesses, while it internal environment presents opportunities and threats.

The vision statement answers the question, "What is the organization's purpose?"

Which of the following is considered to be a leading cause of business failures?

Survival anxiety is a sufficient but not necessary stimulus to change.

As leaders make strategic decisions, they must balance the interests of various stakeholders-employees, customers, shareholders, suppliers, unions/activists, and the community. Describe the best approach for doing this.

All of the following are major reasons why people resist change EXCEPT:

An example of an incremental change is a redefinition of an organization's vision and mission.