Question 1: What are some of the approaches a company can take to identify and prepare its people for important positions?
Question 2: How can a corporation's life cycle be extended?
Question 3: What is reengineering? What are the seven principles for reengineering proposed by Michael Hammer? Explain which principle is most important in your opinion.
Question 4: The textbook points out the importance of assessing the strategy-culture compatibility when implementing a new strategy. Do you feel that culture follows strategy, or does strategy follow culture? Justify your answer.