Questions from Strategic Management

Q: How often do you feel a firm’s vision and mission statement should

How often do you feel a firm’s vision and mission statement should be changed?

Q: What aspect of strategy formulation do you think requires the most time

What aspect of strategy formulation do you think requires the most time? Why?

Q: Why is it so important to integrate intuition and analysis in strategic

Why is it so important to integrate intuition and analysis in strategic management?

Q: Why do you think some chief executive officers fail to use a

Why do you think some chief executive officers fail to use a strategic-management approach to decision making?

Q: Discuss the importance of feedback in the strategic-management model.

Discuss the importance of feedback in the strategic-management model.

Q: Explain why a mission statement should not include strategies and objectives.

Explain why a mission statement should not include strategies and objectives.

Q: How can strategist’s best ensure that strategies will be effectively implemented?

How can strategist’s best ensure that strategies will be effectively implemented?

Q: Compare a company’s strategic plan with a football team’s game plan.

Compare a company’s strategic plan with a football team’s game plan.

Q: Give an example of a recent political development that changed the overall

Give an example of a recent political development that changed the overall strategy of an organization.

Q: Who are the major competitors of your college or university? What

Who are the major competitors of your college or university? What are their strengths and weaknesses? What are their strategies? How successful are these institutions compared to your college?