MNG3702 - Top past Exam Questions with Correct Answers
SIX STRATEGIC LEADER *PRINCIPLES* Correct Answer Strategic leaders are... 1. *future orientated and anticipate change* - opportunities 2. *get things done * - best initiative - make difference. 3. *open new horizons* interpret different events, efficencie. 4. *reach out to stakeholders* value input, build trust 5. *fit to lead* - resilient, resourceful 6. *do the 'next' right thing and learn from experiences* ethical leadership, consider both short and long term goals EXCEPTIONAL STRATEGIC LEADER'S *CHARACTERISTICS: * Correct Answer 1. Vision, consistency 2. Articulation business models 3. Commitment 4. informed 5. Delegate and empower 6. Smart use of power 7. Emotional intelligence ENABLERS OF STRATEGY DEPLOYMENT Correct Answer 1. *Aligning organisational units* with the strategic direction 2. *Aligning individual behaviour* with strategic direction 3. Strategic *initiatives* 3 components of strategy deployment Correct Answer 1 *Communicating the strategy* 2 *Organisational learning and adaption* 3 *Resource allocation* REASONS FOR IMPLEMENTATION FAILURE Correct Answer 1. New strategy was formulated but was *not implemented*, 2. Implemented in such a way that the implementation was *incomplete * 3. Strategic objectives were *not attained* 4. Or the implementation was
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