Business Alignment (2) Flashcards

1
Q

How did the corporate functions in Cornerstone get involved in developing the next asset management strategy?

A

Their involvement was proactive and strategic.

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2
Q

How did you proactively involve them?

A

By engaging in regular communication and collaboration.

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3
Q

How did their involvement help?

A

It provided diverse perspectives and expertise.

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4
Q

Did their involvement lead to better outcomes?

A

Yes, it resulted in improved decision-making.

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5
Q

What data did you collect to inform the strategy?

A

Market trends, client feedback, and financial performance metrics.

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6
Q

Did you experience any issues with data collection?

A

Yes, there were challenges with data accuracy and availability.

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7
Q

How did the asset management strategy provide a strategic solution to your client’s requirements?

A

It aligned with their goals and addressed specific needs.

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8
Q

How has the external market impacted the organisation?

A

It has influenced operational adjustments and strategic planning.

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9
Q

How has the business changed?

A

It has adapted to new market conditions and client demands.

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10
Q

What is the strategic use of real estate?

A

To optimize asset value and support business operations.

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11
Q

What are the benefits of decentralisation?

A

Increased flexibility and responsiveness to local markets.

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12
Q

What are the benefits of centralisation?

A

Enhanced control and consistency across the organization.

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13
Q

What are the negative impacts of both?

A

Decentralisation can lead to fragmentation; centralisation may stifle innovation.

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