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How do executives make strategic decisions in industries where the rate of technological and competitive change is so extreme that market information is often unavailable or obsolete, where strategic windows are opening and shutting quickly, and where the cost of error is involuntary exit?

2006-08-27 15:49:51 · 2 answers · asked by Mara Rae F 1 in Computers & Internet Other - Computers

2 answers

I smell a homework question. :)

The *really* good ones are able to pay attention to the corporate and inter-personal culture of *their* organization - what works at one company may not fly at another. And there's always the vice presidents who should be given extra responsibility in making decisions, and vice presidents who shouldn't be allowed to make decisions, but are good at carrying them out.

2006-08-27 16:33:33 · answer #1 · answered by Valdis K 6 · 0 0

Keep organization structures flat and delegate strategic decision making to the lowest level possible.

2006-08-27 22:58:09 · answer #2 · answered by I didn't do it! 6 · 0 0

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