Building An Organization Capable Of Good Strategy Execution Entails

(Correct Answer Below)

Building An Organization Capable Of Good Strategy Execution Entails

three types of organization-building actions:
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(1) staffing the organization Ñassembling a talented management team, and recruiting and retaining employees with the needed experience, technical skills, and intellectual capital; (2) building and strengthening core competencies and competitive capabilities Ñdeveloping proficiencies in performing strategy-critical value chain activities and updating them to match changing market conditions and customer expectations; and (3) structuring the organization and work effort Ñinstituting organizational arrangements that facilitate good strategy execution, deciding how much decision-making authority to delegate, and managing external relationships.

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