CA Intermediate · Financial Management and Strategic Management · Strategy Implementation and Evaluation
Tanvi Retail Ltd. plans to open stores in ten new cities. The CEO personally ensures that the store layout, staff training and supply chain support are designed to suit the plan, and that the company's culture encourages the required customer service behaviour. Which is the most appropriate description of this role in strategy implementation?
The CEO is providing strategic leadership by aligning structure, systems, resources and culture with the expansion strategy. This is a central implementation task. Benchmarking, divestment and post-action evaluation are different activities and do not describe preparing the organisation for the planned store rollout.
- AStrategic leadership aligning structure, systems and culture with strategyCorrect
- BBenchmarking against competitors
- CDivestment of unrelated business
- DPost-action evaluation of results
Explanation
Implementation needs leadership that aligns structure, systems, resources and culture with the strategy. Benchmarking compares with others, divestment is a retrenchment choice, and post-action evaluation occurs after results arise. None of these describe aligning the internal elements beforehand.
Did you get it right without looking?
One question tells you little. A timed set on Strategy Implementation and Evaluation shows your real accuracy, how long you take and where you lose marks.
More Strategy Implementation and Evaluation questions
- Dhruv Retail Ltd. wants a way to evaluate performance beyond financial results. It tracks customer satisfaction, internal process efficiency…
- Kaveri Foods is shifting from a single-product firm to a multi-product firm with several regional divisions. Each division head will run his…
- Meridian Pharma uses the McKinsey 7-S framework to check readiness for a new strategy. It has changed its strategy and structure and install…
- Rohan Pharma's board reviews performance using four lenses: financial results, customer satisfaction, internal business processes, and learn…
- Bharat Dairy Ltd. is a strong cash-generating firm that has recently diversified into packaged juices. The CEO asks each unit head to build …
- Sundaram Auto Components has grown from one plant to five plants in different states producing varied products. The promoters find that deci…