Asked by Victoria Salazar on Sep 26, 2024

In the two modern modes of strategy making, top managers act as commander and coach rather than sponsor or facilitator.

Strategy Making

The process of developing and implementing plans or strategies to achieve organizational goals and objectives.

Top Managers

Individuals who hold the highest-level executive positions within a company, responsible for overseeing its overall operations.

Commander

A leader or officer who is in charge of an organization or group, particularly in military contexts.

  • Understand the function of management across various hierarchies in both strategic planning and entrepreneurial endeavors.
  • Identify different modes of strategy making and their characteristics.