Strategy making is by no means solely a top management function, the exclusive province of CEOs, high-ranking executives, and board members. The more a company's operations cut across different products, industries, and geographic areas, the more that headquarters executives have little option but to delegate considerable strategy-making authority to down-the-line managers in charge of particular subsidiaries, divisions, product lines, geographic sales offices, distribution centers, and plants. AACSB: Analytical Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 2 Medium Learning Objective: 02-03 Why the strategic initiatives taken at various organizational levels must be tightly coordinated to achieve companywide performance targets. Topic: Crafting and Executing a Strategy 62. A company's overall strategy:
Strategy making is by no means solely a top management function, the exclusive province of CEOs, high-ranking executives, and board members. The more a company's operations cut across different products, industries, and geographic areas, the more that headquarters executives have little option but to delegate considerable strategy-making authority to down-the-line managers in charge of particular subsidiaries, divisions, product lines, geographic sales offices, distribution centers, and plants. AACSB: Analytical Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 2 Medium Learning Objective: 02-03 Why the strategic initiatives taken at various organizational levels must be tightly coordinated to achieve companywide performance targets. Topic: Crafting and Executing a Strategy 62. A company's overall strategy:
Test-Bank-Crafting-Executing-Strategy-20th-Edition-Thompson.docx