ch 13

Question 1

what is strategic leadership

Answer 1

anticipate and envision the future, maintain flexibility
think strategically
initiate change

Question 2

vision

Answer 2

where are we headed?

Question 3

mission

Answer 3

who are we?

Question 4

stategy

Answer 4

how do we get there?

Question 5

Mechanisms for execution

Answer 5

what do we do right now?

Question 6

what are the strategic leadership skills

Answer 6

• anticipate
• challenge
• interpret
• achieve

Question 7

what is the vision

Answer 7

future that is credible yet not readily attainable

Question 8

what does the vision do (essay)

Answer 8

• links the present to the future
• energizes people and focuses attention
• give meaning to work
• establishes a standard of excellence and integrity

Question 9

common themes of a vision

Answer 9

• has broad appeal
• deals with change
• reflects high ideals
• defines the destination and the journey

Question 10

leaders steps to creating a vision

Answer 10

1. target a vision
2. co-create the vision
3. identify strengths
4. write draft
5. solicit feedback and create final
6. share vision

Question 11

what is the mission

Answer 11

its the organizations core broad purpose and reason for existence

Question 12

what does a mission do

Answer 12

• defines the character
• draws people in
• motivates workers

Question 13

what are leaders noble purposes

Answer 13

1. discovery - finding new
2. excellence - being the best
3. altruism - providing service
4. heroism - being effective

Question 14

strategy

Answer 14

general plan of action that helping the organization attain its goals

Question 15

what are the elements of strategy

Answer 15

1. core competence - does well in comparison to others
2. synergy - interaction to produce a joint effect that is greater then the sum of parts
3. value - combination of benefits received and costs paid by the customer

Question 16

strategy formulation

Answer 16

integrating knowledge of the environment, vision, and mission

Question 17

strategy execution

Answer 17

putting strategy into action by adjusting various parts and directing resources to accomplish goals

Question 18

what are the tools for strategy execution

Answer 18

• create ongoing communication
• teach the “why”
• explain what this new thing means to each
• tell what is not changing

Question 19

high impact, hard to execute

Answer 19

major changes, with potential for high payoff

Question 20

high impact, easy to execute

Answer 20

simple changes that have strategic impact -action here first

Question 21

low impact, hard to execute

Answer 21

difficult changes with little or no potential for pay off -avoid this

Question 22

low impact, easy to execute

Answer 22

incremental improvements,

“small wins” -pursue for symbolic value

Question 23

strategic management

Answer 23

the set of decisions and actions used to formulate and implement specific strategies that will achieve a competitively superior fit between the organization and its environment so as to achieve organizational goals

Question 24

the role of leader as strategist-in-chief

Answer 24

leaders have to translate vision, values, and purpose into action