Business Management

Question 1

Why Strategic Alignment is important:

Answer 1

It ensures that business activities are in line with organizational strategic objectives, facilitating the targeted use of resources and increasing the likelihood of reaching business goals.

Question 2

What is Strategic Alignment:

Answer 2

Strategic Alignment is the process of bringing the actions of an organization’s business divisions and employees in line with the organization’s planned strategy.

Question 3

How strategic alignement Works

Answer 3

How it works:

Strategic alignment :

• Begins at the top level of an organization
• and Trickles down to every level ensuring all activities are geared towards meeting the organization’s objectives.
• It requires an understanding of the organization’s strategy,
  
  • Translating it into operational terms ;
  • Aligning the organization to the strategy ;
  • and Making strategy everyone’s everyday job.

Question 4

What is Value Delivery?

Answer 4

It is the organizational system’s ability that maximizes value by delivering outcomes that meet stakeholders’ expectations and align with the organization’s strategic objectives. It focuses on benefits realization, holistic thinking, and effective stakeholder engagement.

Question 5

Why is Value Delivery important?

Answer 5

Value Delivery is essential as it helps the organization achieve its strategic objectives by fulfilling stakeholder expectations.
It ensures a ** customer-centric approach, driving customer satisfaction and loyalty, ** hence increasing profitability.

Question 6

How does Value Delivery work?

Answer 6

Value Delivery works through :

• a systematic process of identifying stakeholders,
• understanding their value expectations,
• strategic planning to meet these expectations,
• and implementing the plan while engaging stakeholders effectively.

Evaluation and feedback are essential for continuous improvement.

Question 7

RRR

Answer 7

RRR