Exam 13: Creating Vision and Strategic Direction

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

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Vision focuses on the current reality and maintaining the status quo.

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

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Strategy execution is the most important as well as the most difficult part of strategic management.

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

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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.

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Which of the following statements is true of mission?

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Briefly describe how vision works in a number of important ways.

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A leader who is all action and little vision is actually uninvolved.

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Briefly explain the principle of self-reference.

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In companies with excellence as a guiding purpose, _____.

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Samuel heads a company that manufactures cell phones. He places emphasis on innovation and creation of new products and features rather than imitation of competitors' products. This instance shows that Samuel uses the _____ approach to frame the purpose of his organization.

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Which of the following has to be translated into specific goals, objectives, and plans so that employees can move toward the desired future?

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Which of the following is a difference between strategies and execution?

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

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The purpose of _____ inspires people to see the adventure in their work and experience the joy of a pioneering or entrepreneurial spirit.

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Leaders accept the easy answer rather than looking for patterns in what they see and hear.

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A leader should explain what a new strategic direction means to each person because:

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A good vision brings out the best in people by:

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

(Short Answer)
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