Ch 10: Superior strategy execution Flashcards
1
Q
The eight components of strategy execution
A
2
Q
What is Ambidexterity?
A
A firm’s ability to address trade-off situations not only at one point, but also over time
3
Q
What is the difference between business process reengineering and continous improvement programs such as TQM?
A
The firm is a tool for achieving one-time quantum improvements, whereas TQM aims at incremental progresse improvement