Strategy & Execution Excellence

Which of the following is NOT true about strategy execution?

• Strategy execution refers to the process of how planned strategies are realized using the firm's resources and capabilities.

• A well planned strategy without execution is sufficient for achieving and sustaining competitive advantage.

• Resources and capabilities serve as the tools and devices that firms use to implement the planned strategies

• Capabilities significantly affects how much the underlying resource is worth to the firm.

In most cases, a firm's capabilities are:

• more tradeable than its resources

• stable and unchanging over time

• based on the coordinated efforts of its employees

• easily copied by other firms

What do you understand by a strategy?

• A plan of action designed to achieve a long-term or overall aim

• Strategy is an action that managers take to attain

  the organization's goals

• Strategy is the behaviour of a junior when asked for an explanation of actions

• None of the above

What do you understand by Execution EXCELLENCE?

• Is an action that managers take to attain

  the organization's goals

• Is the process that turns your strategy into action

• Is the ability to carry out a plan in an outstanding manner

• Outstanding performance of an individual

Execution excellence does not require one of the following...

• •Execution and Implementation of strategy

• •Frequent Communication

• Regular sales analysis during the quarterly meetings

• •Strategy

What is more important Execution or Implementation or both?

• Execution

• Implementation

• Both execution and Implementation

• None of the above

Dabbawalas are...

• They are Highly Punctual

• Doing things in a simpler way is their main way to work.

• Self Disciplined

• all of the above

Dabbawalas - they believe in self-discipline, self-motivation, and work harmony.

• TRUE

• FALSE

Your contribution as a leader to the ------------- will contribute to the --------------- strategy and that contribute to the larger corporate strategy. (Fill in the blank)

• Business unit strategy and corporate strategy

• Team strategy and Business Unit strategy

• Both a and b

• None of the above