Strategic Leadership
Who is the COO of Facebook?
Sheryl Sandberg
what are the 3 examples of internal stakeholders mentioned in the lecture?
Employees, Shareholders, board members.
What are the three approaches to strategy?
Strategic Planning
Scenario Planning
Strategy as planned emergency
________- USE THEIR VISION AND DECISIONS TO ENABLE THE ORGANIZATION TO ACHIEVE COMPETITIVE ADVANTAGE
STRATEGIC LEADERSHIP
Where do CEOs spend most of their time?
Meetings
What is value creation?
Actions done by an organization to promote its worth in the eyes of their stakeholders.
Top-Down strategic planning is derived from ______.
military
Strategic management process is to gain and sustain a advantage strategic leader needs to put an effective team work in place
TRUE/ FALSE
FALSE
Strategic management process is to gain and sustain a advantage strategic leader needs to put an effective STRATEGIC MANAGEMENT PROCESS
WHO IS THE BEST TEAM AT BSG?
BONANZA
What are the three different attributes that need to be addressed by an organization before doing the stakeholders impact analysis?
2- Legitimacy
3- Urgency
Scenario planning is a strategy which anticipates plausible futures. True or False?
Strategy Formulation is the concerns the where and how to compete
TRUE/ FALSE
TRUE
What is stakeholders impact analysis?
It provides a decision tool with which strategic leaders can recognize, prioritize, and address the needs of different stakeholders.
What is the metaphor of a black swan?
high impact of a highly improbable events.
__________- the values of top management team is based on the organizational outcomes including strategic choices and performance levels
Upper echelons theory
What is step 4 when doing the stakeholder impact analysis?
Give examples.
Identifying social responsibilities.
Examples: Philanthropic, ethical, legal, and economic responsibilities.
What strategy is the combination of intended and emergent strategy?
Realized strategy