Reengineering how a firm performs a business process
A. is a tool for pulling the pieces of strategy-critical processes out of different departments and unifying their performance in a single department or cross-functional work group that has charge over the whole process and can be held accountable for performing the activity in a cheaper, better, and/or more strategy-supportive fashion.
B. is the most frequently used tool of total quality management (TQM).
C. requires that a company have many strategic partnerships and alliances with outsiders.
D. is typically cheaper and easier-to-do than using Six Sigma techniques to achieve the same cost savings.
E. is usually a company's most important "best practice" for achieving operating excellence.
Answer: A
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MAN Chapter 11
- Which of the following is not characteristic of a compensation and reward system designed to help drive successful strategy execution?
- Which of the following is not a sound guideline for designing a reward and incentive system that helps promote good strategy execution?
- The guidelines for designing an incentive compensation system that will help drive successful strategy execution include
- An important consideration in designing a strategy-supportive reward system is to
- A well-designed reward system
- The most dependable way to keep people focused on strategy execution and the achievement of performance targets is to
- Motivational and incentive compensation practices that aim at winning the commitment of company personnel to good strategy execution typically
- A reward system that accentuates positive rewards for good performance
- From the standpoint of promoting successful strategy execution, it is important that the firm's motivation and reward system
- A motivation and incentive system that is aimed at spurring stronger employee commitment to good strategy execution
- Which one of the following is not likely to be effective in trying to gain employees' wholehearted commitment to good strategy execution and operating excellence?
- In trying to gain employees' wholehearted commitment to good strategy execution and operating excellence, managers are well advised to use such incentives as
- Enlisting employees' sustained and energetic commitment to good strategy execution and achievement of the targeted strategic and financial objectives is best done by
- The strategic role of a company's reward system is to
- Management's most powerful tool for winning employee commitment to good strategy execution and operating excellence is
- Management's most powerful tool for mobilizing employee commitment to competent strategy execution and operating excellence is
- Information systems provide managers with a means for monitoring
- The areas that information systems need to cover include all but which one of the following?
- The areas that information systems need to cover include
- Well conceived, state-of-the-art information and operating systems
- Installing well-conceived state-of-the-art support systems are an important managerial component of implementing and executing strategy because
- To build a total quality culture and achieve full value from the use of TQM or Six Sigma initiatives, managers can take such action steps as
- To obtain maximum benefits from benchmarking, best practices, reengineering, TQM, and Six Sigma programs aimed at facilitating better strategy execution, managers need to
- The big difference between business process reengineering and continuous improvement programs like TQM or Six Sigma is that
- Which one of the following statements about Six Sigma quality programs is true?