Executing and Monitoring Strategy Flashcards

1
Q

What does executing strategy require

A

Alignment of an organizations structure, policies, processes, and management of physical and human assets

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2
Q

What is horizontal structure

A

How the organization structures it’s internal value chain

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3
Q

What is vertical structure

A

How will the organization structure its decision making and control

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4
Q

Strategies and tactics must be monitored to ensure that

A

They are producing the intended results
-Conditions still support the chosen strategy or tactic
-Unexpected negative results have not been introduced

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5
Q

How often are operating strategic objectives monitored

A

Quarterly

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6
Q

What is a dual operating system

A

One that retains the current organizational structure but deliberately adds a second organizational structure that operates in concert with the existing one

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