Question

Well-conceived policies and operating procedures facilitate good strategy execution by A. leaving it up to employees regarding how things are to be done. B. removing roadblocks to creativity and innovation. C. fostering a work climate that preserves the status quo whenever possible. D. enforcing consistency in how strategy-critical activities are performed. E. channeling individual and group efforts along a strategy-supportive path.

Answer 1

The Well-conceived policies and operating procedures facilitate good strategy execution by:

• They provide top-down guidance regarding how things need to be done.
• They help ensure consistency in how execution-critical activities are performed
• They promote the creation of a work climate that facilitates good strategy execution.

What is the use of  Well-conceived policies?

This refers to those policies that are well thought to achieve the aim and objectives of a long term goal of a firm

Hence, in a typical firm, these policies and procedures provide top-down guidance regarding how things need to be done, ensure consistency in how execution-critical activities are performed and promote the creation of a work climate that facilitates good strategy execution.

Read more about firm policies

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