Exam 11: Strategy and Performance Excellence
The Organizational Profile provides the "finer picture" of the various organizational parts and thus sets the context for good strategic decisions.
False
As part of its strategic planning process,managers at Cigna learn what behaviors are required to ensure effectiveness.Discuss.
As part of its strategic planning process,managers at Cigna learn what behaviors are required to ensure the following:
There is continuous improvement.
The right projects are selected with the right people to lead them.
There is ongoing assessment of projects.
People have time to serve on projects.
Managers ask the right questions during each phase of a project.
How does Six Sigma help Cigna improve quality and productivity?
Cigna looks at the cost of doing nothing differently,figures how much improvement it can make,and then comes up with a dollar differential.A 0.1 percent improvement can save millions.While initial concentration was on efforts that would bring quick and significant results,Six Sigma at Cigna has matured,and it has increasingly focused on impacting goals of the most strategic importance to the organization.
If everyone is able to answer the question,"What does strategy mean in terms that I can act on," which aspect of deployment will it address?
Strategic objectives are what an organization must change or improve to remain or become competitive.
Effective strategy deployment is dependent upon,and tends to shape,organizational structure because the organizational structure must be aligned with and support the accomplishment of strategic initiatives.
All of the following are key factors included in an environmental assessment EXCEPT:
The clarification of authority,responsibility,reporting lines,and performance standards among individuals at each level of the organization is referred to as _____.
With _____,top management is responsible for developing and communicating a vision,and then building organization-wide commitment to its achievement.
Strategic challenges frequently are driven by an organization's future competitive position relative to other providers of similar products or services.
In policy deployment,the _____ process is called catchball.
Matrix data analysis takes data and arranges them to display quantitative relationships among variables to make them more easily understood and analyzed.
Catchball is an up,down,and sideways communication process as opposed to an autocratic,top-down management style.
Which of the following is a management and planning tool for organizing a large number of ideas,opinions,and facts relating to a broad problem or subject area?
What is the quality policy of Branch-Smith Printing Division?
One of the reasons for poor deployment of action plans is insufficient operational measures.Which of the following is a feature of this aspect?
_____ represents the critical stage in planning when strategic objectives and goals are made specific so that effective,organization-wide understanding and deployment are possible.
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