MNG3702 - Top past exam questions and
answers
SIX STRATEGIC LEADER *PRINCIPLES* - 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: * - 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 - Answer-1. *Aligning organizational units* with the
strategic direction
2. *Aligning individual behaviour* with strategic direction
3. Strategic *initiatives*
3 components of strategy deployment - Answer-1 *Communicating the strategy*
2 *Organizational learning and adaption*
3 *Resource allocation*
REASONS FOR IMPLEMENTATION FAILURE - 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 *unacceptable *to key *stakeholders*.
5. Strategic *objectives* are *too complex* or *poorly understood*, lack consistency and
do not provide clear future direction to members of the organization that have to*
implement them,*
6. *Poor change management *and the resulting misalignment of the various elements
of the organization.
The* Icarus Paradox*: organizations *dwell on past *successes, losing sight of and not
adapting to changing market realities and changed requirements for competitive
advantage to cope with new realities, which leads to failure
answers
SIX STRATEGIC LEADER *PRINCIPLES* - 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: * - 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 - Answer-1. *Aligning organizational units* with the
strategic direction
2. *Aligning individual behaviour* with strategic direction
3. Strategic *initiatives*
3 components of strategy deployment - Answer-1 *Communicating the strategy*
2 *Organizational learning and adaption*
3 *Resource allocation*
REASONS FOR IMPLEMENTATION FAILURE - 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 *unacceptable *to key *stakeholders*.
5. Strategic *objectives* are *too complex* or *poorly understood*, lack consistency and
do not provide clear future direction to members of the organization that have to*
implement them,*
6. *Poor change management *and the resulting misalignment of the various elements
of the organization.
The* Icarus Paradox*: organizations *dwell on past *successes, losing sight of and not
adapting to changing market realities and changed requirements for competitive
advantage to cope with new realities, which leads to failure
