When attachments to a culture are severed in an organization’s attempt to change
direction, employees and managers often experience deep feelings of grief.
The Grand Strategy Matrix is based on two evaluative dimensions, market share and
market growth.
A functional structure can be effective at eliminating short-term and narrow thinking.
Economic factors do not have much impact on the attractiveness of strategies.
Exchanging members of conflicting parties so each can gain an appreciation of the
other’s point of view exemplifies a confrontation approach.
Increased costs are a disadvantage of a good information system.
Periodic ethics workshops can help sensitize people to workplace circumstances in
which ethics issues may arise.
An effective mission statement generates the impression a firm is successful, has
direction, and is worthy of time, support and investment.