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What are the effects of those actions on the firm’s performance?

What are the effects of those actions on the firm’s performance?

What are the effects of those actions on the firm’s performance?

1. Top executives and members of a corporation’s board of directors have different roles and responsibilities. Traditionally, executives have been responsible for determining the firm’s strategic direction and implementing strategies to achieve it, whereas the board of directors has been responsible for monitoring and controlling managerial decisions and actions. Some argue that boards should become more involved with the formulation of a firm’s strategies. How would the board’s increased involvement in the selection of strategies affect a firm’s strategic competitiveness?

a. What evidence would you offer to support their position?




2. Explain why firms experience evolutionary cycles in which there is a fight between strategy and structure, punctuated with periods in which strategy and structure are reshaped. Provide examples of global firms that have experienced this pattern.

a. Choose a CEO of a prominent firm that you believe exemplifies the positive aspects of strategic leadership.

b. What actions does this CEO take that demonstrate effective strategic leadership?

c. What are the effects of those actions on the firm’s performance?



3. Discuss whether the term “corporate entrepreneurship” is an oxymoron. Can corporations—especially large ones—be innovative? Support your answer with examples.Use the Internet to find an example of two corporate innovations—one brought about through autonomous strategic behavior and one developed through induced strategic behavior. Which innovation seems to hold the most promise for commercial success, and why?




4. From this week’s discussion preparation, assess the potential pitfalls of passing the Small Business Lending Enactment Act as discussed in the article. Suggest how these pitfalls can be minimized.


5. From the discussion preparation, determine the key financial considerations for developing a customized security structure for the technology business that you researched. Include a brief description of the business.


6. Imagine you want to exit your business venture from the first assignment, Building Your Business Venture. Decide the strategy you would use to do so and provide a rationale for your response.

Outline an ideal timeline of the tasks needed to carry out the strategy. Provide a rationale for your response.. Your business : Betty’s, a mom and pop grocery store.

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