Question

What is a strategy​ map? A. A clear statement of the​ company's advantage in the competitive marketplace. B. Financial metrics for measuring and managing company performance. C. A comprehensive visual representation of the linkages among essential elements for the​ organization's strategy. D. A method of measuring​ employees' capabilities to predict improvements in process quality and cycle times.

Answer 1

A Strategy Map is (C)A comprehensive visual representation of the linkages among essential elements for the​ organization's strategy.

Explanation:

A strategy map is a diagram that displays the organizations strategy on a single page

A  well-designed strategy map, helps an employee to understand the overall strategy of a company and they can also visualize their role fit in the company. it allows helps the employee to understand that  how their jobs affect the company's overall strategic objectives.

Strategy maps describe how organisations create a niche for themselves  by building on strategic themes such as 'growth' or 'productivity'. They provide a means for companies to 'communicate the story' of their strategy to employees and other corporate stakeholders, thereby increasing the engagement  of both the employees and the stake holders in the strategic decision making process.