Chapter 40: Stratergic Implementation

Question 1

Define strategic implementation

Answer 1

Strategic implementation: the process of planning, allocating and controlling resources to support the chosen strategies.

Question 2

Define business plan

Answer 2

Business plan: a written document that describes a business, its objectives and its strategies, the market it is in and its financial forecasts.

Question 3

Define corporate plan

Answer 3

Corporate plan: this is a methodical plan containing details of the organisation’s central objectives and the strategies to be followed to achieve them.

Question 4

Define corporate culture

Answer 4

Corporate culture: the values,attitudes and beliefs of the people working in an organisation that control the way they interact with each other and with external stakeholder groups.

Question 5

Define task culture

Answer 5

Task culture: based on cooperation and teamwork.

Question 6

Define person culture

Answer 6

Person culture: when individuals are given the freedom to express themselves fully and make decisions for themselves.

Question 7

Define entrepreneurial culture

Answer 7

Entrepreneurial culture: this encourages management and workers to take risks, to come up with new ideas and test out new business ventures.

Question 8

Define power culture

Answer 8

Power culture: concentrating power among just a few people.

Question 9

Define role culture

Answer 9

Role culture: each member of staff has a clearly defined job title and role.

Question 10

Define change management

Answer 10

Change management: planning,implementing, controlling and reviewing the movement of an organisation from its current state to a new one.

Question 11

Define business process re-engineering

Answer 11

Business process re-engineering: fundamentally rethinking and redesigning the processes of a business to achieve a dramatic improvement in performance.

Question 12

Define project champion

Answer 12

Project champion: a person assigned to support and drive a project forward, who explains the benefits of change and assists and supports the team putting change into practice.

Question 13

Define project groups

Answer 13

Project groups: these are created by an organisation to address a problem that requires input from different specialists.

Question 14

Define contingency plan

Answer 14

Contingency plan: preparing an organisation’s resources for unlikely events.