answersLogoWhite

0

The ultimate responsibility for strategy within an organization typically rests with its top leadership, including the board of directors and executive management. These leaders are tasked with setting the organization's vision, making strategic decisions, and ensuring alignment with its goals and values. They are accountable for the long-term direction and overall performance, guiding the organization through market changes and ensuring sustainable growth. Ultimately, their decisions shape the strategic framework that drives the entire organization.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Continue Learning about Management

What do CEOs get?

CEOs are the top people in a company who have ultimate responsibility for its operation.


What is the difference between a vision and a mission statement?

A vision statement is (or should be) a very simple, and very brief, statement of the goals an organization's founders have in mind for it, i.e., the place they envision the organization occupying in the future. A mission statement is about the founders' general goals regarding the organization as a whole. Once the founder's general vision for the firm has been put into words, a mission statement, more specific than the vision statement, and geared to the organization's customers and other stakeholders, serves as a compass and an official statement of the general business strategy by which the firm will move toward the achievement the founders' vision. Although there is a lot more involved in business strategy down through all levels of an organization, the mission statement serves as a roadmap to achievement of the vision, which is the ultimate destination.


Who has the ultimate responsibility of overall management in a corporation?

Board of directors From Miller &Jentz "B usiness Law Today" standard edition (9th)


Why is the ultimate responsibility for the content and presentation of document lies within the Business writer?

The ultimate responsibility for the content and presentation of a document lies with the business writer because they are accountable for ensuring that the information is accurate, clear, and aligned with the intended message and audience. They must synthesize information effectively, adhere to company guidelines, and maintain a consistent tone and format. Additionally, the writer's expertise in communication shapes how the content is perceived and impacts the overall effectiveness of the document in achieving its goals. Ultimately, the writer serves as the bridge between the information and the audience, making their responsibility critical.


What is the difference between responsibility and accountability with regards to delegation?

Responsibility refers to the obligation to complete a task or duty, while accountability involves being answerable for the outcomes of that task. In delegation, a manager assigns responsibility to a team member to execute a specific task, but remains accountable for the overall results. This distinction underscores that while the delegated individual is responsible for carrying out the task, the manager retains ultimate accountability for its success or failure.

Related Questions

Explain terminal responsibility?

Final responsibility for a team or organization. Example CEO has terminal responsibility for the company. Also used is Ultimate or Final responsibility.


Who has the ultimate responsibility for the aircraft?

"The Pilot In Command",is the ultimate responsibility for the aircraft.


Who has the ultimate responsibility for determining the reliability of a PRP member?

The ultimate responsibility for determining the reliability of a PRP member lies with the organization or entity that the PRP member belongs to. This can include background checks, references, experience verification, and ongoing monitoring to ensure the member's reliability and integrity.


The ultimate responsibility for making and carrying out government policy rests with?

The ultimate responsibility for making and carrying out government policy rests with the people.


What are the release dates for The Ultimate Fighter - 2005 Strategy 2-4?

The Ultimate Fighter - 2005 Strategy 2-4 was released on: USA: 5 September 2005


Who has the ultimate responsibility to ensure the AF form 560 is accurate?

The Health Services Management Airman or NCO has the ultimate responsibility to ensure the AF Form 560 is accurate.


The ultimate responsibility for making and carrying out governmental policy rests with?

Answer is:[the people] (Go Apex Kids;) The ultimate responsibility for making and carrying out governmental policy rests with the people.


What is the approach in the evolutionary acquisition strategy?

In an evolutionary acquisition strategy approach, when is ultimate capability delivered to the user?


Riordan manufacturing Who has ultimate responsibility for quality assurance?

This is so obvious. Riordan has the ultimate responsibility. They are the company that is represented by the products they produce or resell. If they don't do quality checks it is their reputation that is on the line.


Code for pumpking in the ultimate yu-gi-oh vault?

strategy


What are the ratings and certificates for Ultimate Spider-Man - 2012 Great Responsibility 1-2?

Ultimate Spider-Man - 2012 Great Responsibility 1-2 is rated/received certificates of: USA:TV-Y7


What are the release dates for Ultimate Spider-Man - 2012 Great Responsibility 1-2?

Ultimate Spider-Man - 2012 Great Responsibility 1-2 was released on: USA: 1 April 2012

Trending Questions
What are the advantage and disadvantages of a hands off decentralized management approach? The Is the final document of the planning process? How can brainstorming be effectively utilized in project management to generate innovative ideas and solutions? What is the span of control of the production manager? What is bereaucracy? Is a regional manager and a managing director the same? What is the Duties of management trainee officer in bank? What are the key differences between project management and process management, and how do these differences impact the overall success of a project? Why a business needs to be organised? How can organizations improve their operations by balancing efficiency and effectiveness, providing specific examples of how they can achieve optimal performance? How do you conclude sales management? What are examples of continuous process? Why is documentation is important and why does it need to comply with organisational policy and procedure? How should managers choose an approiate lot sizing rule? Typically the responsibility for applying composite risk management when making off duty risk decisions is that of? What are the strategic management process? Why is hiring the right people for the job a critical factor for resource management? What are the most effective elicitation methods for gathering requirements in software development projects? Is there a retail management school that offers graduate level degrees in Denver, CO? Why is there a need to develop employees in a company?