How might you use strategy to be effective


Problem

1. Do you think that Classical Strategy Theory must be adapted to be relevant in modern business? As a future leader, how might you use strategy to be effective in today's turbulent business environment?

2. Why do you think that Jim Hemerling's 5 ways to lead in an era of constant change involve employee management techniques, and does this strategy fall in line with the information provided by your text up to this point in class?

3. Martin Reeves claims that the average life expectancy of businesses is falling and is expected to continue to decline. As a future leader, how might you implement the Prudence / Diversity / Adaption concepts in a business (choose one in which you are familiar) to help it last the next 100 years?

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Business Management: How might you use strategy to be effective
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