Question

It is a well-known fact that for a Strategy to be effective, it is 20% strategy...

It is a well-known fact that for a Strategy to be effective, it is 20% strategy and 80% implementation. What must Leaders do to ensure high ownership and excellent executions?

Homework Answers

Answer #1

Leaders must note the followin points to ensure high ownership and excellent executions:

  • Inform everyone, then empower champions - Before execution, a leader must take in depth awareness session for all employees about the strategy so that everyone comes om the same page about execution.
  • Keep relationships tight and rules loose - This means staying in close communication with their on-the-ground players, the way football coaches talks with quarterbacks on headsets throughout the game.
  • Modify and adapt quickly - if the strategy has certain shortcomings, leaders must ensure to adapt through the challenges and modify the strategy as soon as possible.

Please do rate me and mention doubts in the comments section.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
it is well-known fact that 15 percent of Great Pyrenees dogs drool excessively. what is the...
it is well-known fact that 15 percent of Great Pyrenees dogs drool excessively. what is the probability that if you pet all the different Great Pyrenees at a Great Pyrenees fan club event, the eight dog you pet will be the first that drools excessively?
Using the internet, discuss at least two major ERP systems implementation failures involving some well known...
Using the internet, discuss at least two major ERP systems implementation failures involving some well known United States businesses and establishments. State the organizations involved, the vendor(s), the reason why the implementation failed, the economic costs of the implementation failure and what should have been done to avoid the failure.
Provide at least one effective strategy that you either already follow or are planning to follow....
Provide at least one effective strategy that you either already follow or are planning to follow. Explain the strategy as well as your plan to follow it. Answer this question: How I and others can tell that I am communicating as a leader? You may consider answering the following supplementary questions if you find it useful: What kind of a leader am I? What are my leadership objectives? How do I take advantage of my strong points and minimize my...
Each of the following is a well-known stock price anomaly except that … A. investors sell...
Each of the following is a well-known stock price anomaly except that … A. investors sell winners too early and hold on to losers too long. B. stocks that have exceptionally high Book-to-Market ratio earn higher returns. C. stock-price momentum helps forecast future returns. D. stocks with the largest market cap earn lower returns than stocks with smaller market cap. The joint hypothesis problem refers to the fact that tests of market efficiency must test two theories simultaneously. A commonly-seen...
 select a figure of status, someone who was well known to the public (current or historical,...
 select a figure of status, someone who was well known to the public (current or historical, fact or fiction). Your assignment will be to place this individual into a corporate setting as a boss. This means that they cannot have already run a company or have already been in such a position in a business setting. You will be required to speculate how they would be as a boss/leader, especially in the areas of hiring/recruitment, firing, motivating/performance, and lastly dealing...
It is a well-known phenomenon observed in drug addiction, that larger and larger doses of drugs...
It is a well-known phenomenon observed in drug addiction, that larger and larger doses of drugs are required over time to get the same effect (or high). Explain why this occurs based on the regulation of receptors the drug binds to and what feedback mechanism is involved.
It is a well-known phenomenon observed in drug addiction, that larger and larger doses of drugs...
It is a well-known phenomenon observed in drug addiction, that larger and larger doses of drugs are required over time to get the same effect (or high). Explain why this occurs based on the regulation of receptors the drug binds to and what feedback mechanism is involved.
The chapter describes the role of culture in the successful implementation of strategy. Consider an employment...
The chapter describes the role of culture in the successful implementation of strategy. Consider an employment experience of your own or of someone you have observed closely (e.g., a family member). Describe to the best if your ability the values, norms, and artifacts of the organization. What was the socialization process of embedding the culture? Do you consider this to be an example of an effective culture for contributing to the organization’s competitive advantage? Why or why not?
1) Studying the characteristics of followers as well as the characteristics of leaders has shown: followers...
1) Studying the characteristics of followers as well as the characteristics of leaders has shown: followers and leaders influence each other conscientiousness is the key trait for both leaders and followers leaders influence followers, but followers do not influence leaders there are very few characteristics of the led that impact the leader’s effectiveness 2) Researchers attempting to discover if substitutes for leadership can replace a leader have found that: only a vested formal position can ultimately create consistent results from...
Assume you are a vice-president in charge of a new business-to-business e-commerce division of a well-known...
Assume you are a vice-president in charge of a new business-to-business e-commerce division of a well-known major international auto parts manufacturer. A) A cyber squatter has registered the company name as a domain Web name. What are your options to secure the domain name for your company? B) Discuss the steps you should take to ensure worldwide protection of your domain name.