Crafting a Strategy as Strategy Executin and Making Process

Question

Illustrates the Crafting a Strategy as the Strategy-Executing and Strategy-Making Process?

Answer 1

a. In the most companies, the leaders of business divisions and major product lines, the vice presidents and chief financial officer for marketing, production, human resources and other functional departments have powerful strategy-making roles.

b. It is an error to analysis strategy making as exclusively a top management function, the region of owner-entrepreneurs, chief executive officer and other senior administrative. The additional wide-ranging a company’s operations are, the more that strategy making is a joint team effort including managers and sometimes main employees down through the entire organizational hierarchy.