Effective strategic management involves all levels of management. True of false
Sounds like a leading question. If there are levels of management that are not effective, then they should be eliminated.
http://legal-dictionary.thefreedictionary.com/Leading+question
If you are considering opening a new pizza restaurant in your community, what would be the threat of new entrants? How would you evaluate Porter’s other forces for this industry?Explain.
True.
Effective strategic management involves all levels of management, from top-level executives to frontline supervisors. Strategic management is the process of formulating and implementing strategies to achieve organizational goals and objectives. This process requires input and participation from all levels of management to ensure alignment and coherence across the organization.
At the top level, executives are responsible for setting the overall direction, defining the organization's mission and vision, and formulating the long-term strategies that will guide the organization. They provide the strategic guidance and make critical decisions regarding resource allocation and prioritization.
Middle-level managers play a crucial role in strategic implementation. They translate the strategic plans into actionable goals, objectives, and initiatives at the departmental or divisional level. They also coordinate and monitor the activities of their teams to ensure that they are aligned with the organization's strategic goals.
Frontline supervisors are responsible for executing the strategies at the operational level. They ensure that the day-to-day tasks and activities are aligned with the strategic direction. They provide guidance and support to their teams, monitor progress, and make necessary adjustments to ensure alignment with the overall strategy.
In summary, effective strategic management involves the active engagement and participation of all levels of management. This ensures that the strategic direction of the organization is effectively communicated, implemented, and monitored at all levels, resulting in better organizational performance and success.