Problem
• Discuss what leadership or staffing skills a Board of Directors should be looking for when hiring a senior management person to implement a major strategic plan.
• Describe the benefits MBO and TQM can bring to a new strategic plan.
• Evaluate the part corporate culture can play when contemplating implementing a new strategy in a firm. Describe briefly the corporate culture in your Strategic Audit firm.
• Discuss the three types of controls that firms can use to evaluate a strategy. Explain examples of each of these controls.
• Describe various measurements of corporate performance.
• Describe a specific strategic incentive management method you would use for your Strategic Audit firm.