Replacing key executives who aren\'t embracing cultural change A. is rarely need
ID: 433923 • Letter: R
Question
Replacing key executives who aren't embracing cultural change
A. is rarely needed in implementing a new strategy unless the new strategy entails a radically different set of value-chain activities.
B. signals a determined commitment to strategic change and can help catalyze and give credibility to the implementation process.
C. can be dysfunctional in trying to implement a new strategy because of the insecurity that big changes cause among company personnel.
D. runs the risk of inadvertently creating barriers to building the needed competencies and capabilities.
Explanation / Answer
B
It is very important to bring desired changes with market dynamics. If the key executives are not embracing changes, then replacing them shows commitment to strategic change and help to catalyze the implementation process