unit 2 exam revised

Question 1

Define strategic leadership.

Answer 1

A person’s ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate change that will create a viable future for the organisation.

Question 2

What characterises the great leader’s view of strategic leadership?

Answer 2

CEOS believed they alone were responsible for strategic leadership, functioning in isolation and using a top-down approach.

Question 3

What characterises the great groups’ view of strategic leadership?

Answer 3

The organisation is seen as a community with strategic leadership distributed among diverse individuals.

Question 4

List some components of strategic leadership.

Answer 4

Exploiting and maintaining core capabilities
Developing human capital
Sustaining an effective organisational culture
Emphasising ethical practices
Determining the company’s vision

Question 5

List some matters that should be taken into consideration when formulating a
vision statement.

Answer 5

Achievable in the long term
All managers should contribute when formulating the vision statement
It must have many purposes

Question 6

What is strategic intent?

Answer 6

Envisions a desired leadership position and establishes the criteria the organisation will use to chart its progress.

Question 7

List three attributes of strategic intent.

Answer 7

• Sense of direction
• Sense of discovery
• Sense of destiny

Question 8

List 4 focus areas of a mission statement.

Answer 8

• Reason for the organisation’s existence
• Strategy in terms of the nature of the business
• Behaviour standards and culture
• Values, beliefs, and moral principles

Question 9

What are the components of a mission statement?

Answer 9

• Product/Service, market and technology
• Survival, growth and profitability
• Philosophy of the organisation
• Public image
• Customers and quality