Porter (1996) argued, “Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value. But the essence of strategy is in the activities – choosing to perform activities differently or to perform different activities than rivals. Otherwise, a strategy is nothing more than a marketing slogan that will not withstand competition.†Does this 20+ year-old concept offer an effective understanding of the relationship between strategy and decision making in today’s organizations? Why or why not?
Consider Powell’s (2017) diligence-based strategy, Kim and Mauborgne’s (2005) blue ocean strategy, and Porter’s (1996, 2008) strategy theory. Which do you believe is the more effective to achieve competitive advantage in organizations today? Why?
Leading in complex organizational environments is a challenging endeavor that can sometimes cause a freezing of action and decision making. In systems thinking, leader decisions can have ramifications well beyond what is evident or obvious. So, while getting to a decision as quickly as practicable is very important for leaders, these decisions must also be of high quality and consider downstream effects. How do leaders balance timeliness and quality of decisions? What are the most significant considerations for leaders when trying to synthesize the available information sufficiently to make a timely, effective decision? Why?
Trust and leadership styles may affect productivity by encouraging or discouraging positive relationships. Do you believe trust or leadership style has the greater influence on relationships? Support your position.
What is the most significant way vision guides the strategy of the organization to achieve and retain competitive advantage?
The mission, vision, and values of an organization are often considered its “core.†Which of these is the most important to an organization’s success? Why?
Transparency is a key component of ethical decision-making. How transparent should leaders be in the decision-making process? Support your position.
Can spirituality have a negative effect on the decision-making process? Defend your position.
To what extent, if at all, should leaders delegate decision-making authority? Support your position with both research and specific examples.
Economy (2014) described five levels of delegation; each of which can be an important part of a leader’s delegation strategy. Which of these do you believe would be most effective in helping you as a leader achieve strategic objectives in your organization? Support your position with both research and real-world examples.
Organizational culture has a significant influence on how leaders make decisions. This influence manifests as a variety of voices stemming from a variety of factors including whether the organization is multinational or local, the type of product or service offered by the company, and so forth. How does a leader distinguish between the varied voices of the organizational culture to make and implement decisions in the overall best interest of the organization? Explain.
Many organizations believe to retain competitive advantage they must engage in corporate social responsibility (CSR) by taking a stance on societal issues that emerge as a result of changing social norms rather than remaining neutral regarding these norms and issues. At times; however, some social norms conflict with the core values of an organization. In these instances, should decision makers align decisions to current social norms and societal issues or with the core values and strategic approach of the organization? Support position.
Some assert it is imperative for leaders to be bold when making strategic decisions. How does a leader determine how much risk is acceptable when making a decision? Explain.
Risk taking must be tempered with judgement in decision making. However, Kelman, Sanders, and Pandit discussed how risk-averse behaviors slow and hinder organizational progress and describe why so-called “paralysis by analysis†may be a more significant concern than groupthink. At what point should a leader cease gathering data, take the risk, and simply make the decision? Support your position.
What do you see as the two most important current trends/issues being discussed in the current scholarly literature regarding strategic decision making? Why are these important to organizational leaders? How should organizational leaders respond to these trends/issues? Support your view.
As you reflect on this course, how will your interactions with the course material, assignments, and discussions influence your decision making practice as an organizational leader? Explain. How will these interactions influence your dissertation research? Explain.
Leaders hold an important role in ensuring organizations move forward to attain strategic objectives. There are many theoretical approaches and strategies leaders can employ to improve the effectiveness of decisions, build relationships with team members, and foster myriad other positive impacts on themselves, their followers, and the organization itself. This assignment will allow you to address the analysis of organizational climate, the selection of a theoretical approach to decision making, the amount and timeliness of data required to implement the approach, and the role the leader plays in implementing that approach from a strategic perspective.
General Requirements:
Use the following information to ensure successful completion of the assignment:
Directions:
Write a paper (1,250-1,500 words) discussing the selection of a theoretical approach to decision making, the amount and timeliness of data required to implement the approach, and the role the leader plays in implementing that approach from a strategic perspective. Include the following:
The purpose of this assignment is to keep the doctoral learner focused on dissertation success. The Advancing Scientific Knowledge and Significance of the Study section of the dissertation identifies the “gap†or “need†in the literature that was used to define the problem statement and develop the research questions. Further, it describes how the study will address the “gap†or “identified need.†The section describes how the research fits with and will contribute to or advance the current literature or body of research. Although this advancement may be a small step forward in a line of current research, it must add to the current body of knowledge and align to the learner’s program of study.
General Requirements: Use the following information to ensure successful completion of the assignment:
Write a report (500-750 words) in which you:
Leaders often operate in risk-averse environments, modeling tepid behavior to followers who, in turn, avoid putting any pressure on the system. This mentality destroys creativity and innovation, often resulting in catastrophic failure. However, when well-reasoned, deliberate risk is embraced, organizations can move forward with extraordinary effectiveness. It is a leader’s responsibility to mitigate possible adverse consequences of the risks. In a complex dynamic system, downstream effects can be difficult to determine, but measures must be taken to assess the impacts of decisions.
When a concern is identified, corrective action can be taken. Cultural differences can also play a significant role when leaders engage in risk-taking when making strategic decisions. Leaders must be cognizant of how their behavior can impact collocated teams as well as cross-cultural virtual organizations. In this assignment, you will revise your prior work on the theoretical approach to leadership and explore the leader’s role in taking risks when making strategic decisions, evaluating risk mitigation strategies, evaluating organizational structures, and managing risk in collocated and virtual global environments.
Present a revised version (1,500-1,800 words total) of the paper “Benchmark – Leading Strategic Decision Making†that makes improvements in the caliber of the writing and incorporates instructor feedback regarding content and writing. Include the following in your submission: ORG 827
Write an additional 1,250-1,500 words discussing the leader’s role in taking risks when making strategic decisions, evaluating risk mitigation strategies, evaluating organizational structures, and managing risk in both collocated and virtual global environments. This section should flow naturally from the revised paper. So, you may also need to revise your introduction and thesis statement to allow the papers to connect. Include the following: ORG 827
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