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Question no 1:

Given that translating strategic intent into Organizational Outcomes is the main challenge of business executives. - Why is it that people tend to be the main issue in making this happens when people are demonstrably the key source of sustainable competitive advantage?

Answer

Strategic intent is a long term plan of the organization as people are the most important factor in making this possible. The objectives of the company lie on the strategic intent of the company. People are the employees of the organization without which the strategic intents and the objectives of the company cannot be achieved.

In the long run conflict can arise due to difference to opinion between the employees or the management. The company may face serious issues regarding the working of the company. The department of a company may malfunction due to any mishap. Therefore,in the long run anything can go wrong which can affect the strategic intent of the company.

Question no 2:

Think of some of the key people challenges you have encountered or may be encountering. Describe a major one

Answer

When a company faces challenges in long run, then one of those challenges is the conflict between the two key employees of an organization. The conflict was because of the difference in the view point which later on changed into rivalry.

Question no 3:

What are some of the things you have learnt about yourself?

Answer

In a professional life of a person, every day is a new day and every day a person learns something. The thing someone learns about oneself is about his behavior with his subordinates and their response. How good or bad his behavior depends upon the working capabilities of that person.

Question no 4:

What are the things you are telling yourself about your own role in the issue?

Answer

The role of a negotiator is the most difficult role to play. The person with this responsibility has to be very careful as one wrong step can create the situation to be worse off. The negotiation should be well planned. The role of a person in the issue was to negotiate the problem and find a solution to the issue.

Question no 5:

What do you intend to do to be more effective in addressing the key issue?

Answer

To be effective the person can do to study the issue well and to negotiate the problem in a planned manner. The planning of negotiation is a must, which provides the loopholes of the negotiation and the negotiator has something in his hands in the time of deadlocks.

 Strategic management

Question no 1:

Answer

A strategy is a method when there is more than one possibility in a situation. Strategy means the creation of a unique idea and a valuable position which involves a different set of activities. This should be different from the rivals, as if it is the same as the rivals then it will not remain a unique idea. This is why it is said that if there is only one way of approaching to a position then it is not a strategy.

Question no 2:

Answer

It is important for managers to do operations effectively but it is not sufficient enough. There is a rapid imitation of best practices that drives competitive convergence, raises the bar for every one and competitors starts looking the same. Strategy planning makes an organization unique in its ideas.

Strategy is about being different.It is basically thinking in a new style in the new direction and finding new possible ways of doing things. It is a deliberate act of doing things differently to deliver a unique mix of ideas. Therefore,both operations’ effectiveness and strategy is different from each other; however both are important for an organization.

Question no 3:

Answer

Competitive strategy is all about being different and thinking different. The ideas should be unique and new that is new to the strategy. The deliberate use of ideas which are different and the organization uses it with different set of activities. It is an act of choosing the activities differently than the rivals in the similar industry.

Sustainable competitive advantage is an advantage, which a company has in it such as resources or machinery which outperforms the competitors of the organization. This advantage can be anything, it can be employees of the company, it can be the resources a company has, it can be the machinery a company have, or it can be the location the company etc.....................

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