Exam 13: Creating Vision and Strategic Direction

To be a(n) ,one dreams big and transforms those dreams into significant strategic action, either through one's own activities or by hiring other leaders who can effectively execute the vision and strategy.

A powerful vision frees people from the mundane by providing them with a challenge that requires them to give their best.

Identify the correct statement regarding strategic leadership.

In an organization, when every person understands and embraces a vision .

occurs when organizational parts interact to produce a joint effect that is greater than the sum of the parts acting alone.

Which of the following statements is true of an organization's vision?

A change that both produces a high strategic impact and is easy to execute would be:

In companies with excellence as a guiding purpose, .

Freddie is the head of operations of Ambassador Inc.He aims to cocreate a vision for his organization.Identify the appropriate step that should be applied by Freddie to fulfill his aim.

Briefly describe strategic leadership.

Victoria heads an electronics corporation.She expects each employee to perform to his or her best and be successful in whatever he or she does.She aims to achieve production with zero quality control.This example indicates that Victoria uses the approach to frame a noble purpose for her organization.

Small changes can symbolize improvement and success to people within an organization.

means that leaders use specific mechanisms, techniques, or tools for directing organizational resources to accomplish strategic goals.

can be defined as the combination of benefits received and costs paid by the customer

Identify the true statement regarding visions.

A good vision brings out the best in people by:

A vision is is what the organization "stands for" in a larger sense, whereas a mission is ambitious desire for the future.

Which of the following statements is true of strategy?

Which of the following statements is true of vision?

integrates knowledge of the environment, vision, and mission with the company's core competence in such a way as to attain synergy and create value for customers.