Asked by Teguh Daeli on Jul 24, 2024
Verified
A guideline for creating a vision is to not involve too many stakeholders but to involve just the key stakeholders who comprise the board of directors, top executive team, and the outside investors.
Key Stakeholders
Individuals or groups that have a significant interest in or are greatly affected by the outcome of an organization's actions, decisions, or policies.
Board of Directors
A group of individuals elected to represent shareholders and oversee the management and strategic direction of a company.
Top Executive Team
A group of the highest-ranking officers and decision-makers in an organization, responsible for strategic direction and overall management.
- Identify the importance of involving stakeholders in the creation of visions for organizational change.
Verified Answer
CC
Courtney ClementsJul 29, 2024
Final Answer :
False
Explanation :
Involving a broad range of stakeholders, including employees at various levels, customers, and sometimes even suppliers, can provide diverse perspectives and insights, making the vision more comprehensive and widely accepted.
Learning Objectives
- Identify the importance of involving stakeholders in the creation of visions for organizational change.