Across
- 2. Level-5 Leadership _____ - A conceptual framework of leadership progression with five distinct, sequential levels.
- 6. _____ Planning - Strategy planning activity in which top management envisions different what-if scenarios to anticipate plausible futures in order to derive strategic responses.
- 7. _____ theory - A conceptual framework that views organizational outcomes - strategic choices and performance levels - as reflections of the values of the members of the top management team. (2 Words)
- 10. _____ Strategic Plan - The strategic option that top managers decide most closely matches the current reality and which is then executed.
- 11. Strategy _____ - The part of the strategic management process that concerns the organization, coordination, and integration of how work gets done, or strategy execution.
- 13. Any random events, pleasant surprises, and accidental happenstances that can have a profound impact on a firm's strategic initiatives.
- 15. _____ of Control - A tendency by people to overestimate their ability to control events.
- 18. _____ Actions - Strategic initiatives undertaken by lower-level employees on their own volition and often in response to unexpected situations.
- 20. _____ Strategy - Combination of intended and emergent strategy.
- 21. Planned _____ - Strategy process in which organizational structure and systems allow bottom-up strategic initiatives to emerge and be evaluated and coordinated by top management.
- 22. Organizations, groups, and individuals that can affect or are affected by a firm's actions.
Down
- 1. Strategic _____ - Executives' use of power and influence to direct the activities of others when pursuing an organization's goals.
- 3. _____ Strategy - The outcome of a rational and structured top-down strategic plan.
- 4. Strategic _____ - Any activity a firm pursues to explore and develop new products and processes, new markets, or new ventures.
- 5. _____ strategic planning - A rational, data-driven strategy process through which top management attempts to program future success. (2 Words)
- 6. Black _____ Events - Incidents that describe highly improbable but high-impact events.
- 8. The way a firm allocates its resources based on predetermined policies, which can be critical in shaping its realized strategy.
- 9. _____ Strategy - Any unplanned strategic initiative bubbling up from the bottom of the organization.
- 12. Strategy _____ - The part of the strategic management process that concerns the choice of strategy in terms of where and how to compete.
- 13. _____ Strategy - An integrative approach to managing a diverse set of stakeholders effectively in order to gain and sustain competitive advantage.
- 14. Stakeholder _____ analysis - A decision tool with which managers can recognize, prioritize, and address the needs of different stakeholders, enabling the firm to achieve competitive advantage while acting as a good corporate citizen.
- 16. Standalone divisions of a larger conglomerate, each with their own profit-and-loss responsibility.
- 17. Strategic _____ Process - Method put in place by strategic leaders to formulate and implement a strategy, which can lay the foundation for a sustainable competitive advantage.
- 19. Corporate _____ Responsibility - A framework that helps firms recognize and address the economic, legal, social, and philanthropic expectations that a society has of the business enterprise at a given point in time.