Exam 13: Creating Vision and Strategic Direction

Victoria heads an electronics corporation. She expects each employee to perform to his or her best and be successful. She wants to achieve production with zero quality control issues. Victoria uses the _____ approach to frame a noble purpose for her organization.

Mission statements tend to grow and change in the face of changing technologies, economic conditions, or other environmental shifts.

Describe the four themes that are common to powerful, effective visions.

An effective vision:

List the necessary skills that can be developed by leaders for thinking strategically and navigating uncertainty.

Freddie is the head of operations of Ambassador Inc. He wants to cocreate a vision for his organization. Which of the following steps should Freddie perform?

To improve strategic leadership, leaders can:

Which of the following statements is true of strategic thinkers?

Which of the following statements is true of strategy?

An effective mission statement:

Identify the true statement regarding visions.

"The increase of knowledge" is an example of a _____.

_____ means that each element in a system will serve the goals of the whole system when the elements are imprinted with an understanding of the whole.

Identify the correct statement regarding strategic leadership.

Briefly describe strategic leadership.

A leader using the approach of excellence focuses on finding or creating something new.

The basis of action for the purpose of altruism is to:

Ivan wants to identify his company's core competence so he can develop successful strategies. His company hires highly qualified people to provide computer repairs for its customers. Every repair worker goes to customer sites with as much equipment as possible to quickly complete repairs. Unlike other computer repair companies in town, Ivan guarantees same-day repair. If repairs can't be completed on the same day, Ivan's company will probably lose that dissatisfied customer's business. What is Ivan's company's core competence?

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

Focusing on core competencies and attaining synergy help companies create value for their customers.