Textbook Notes (369,015)
United States (206,160)
MGT 247 (5)
Reed (4)
Chapter 2

CHAPTER 2.docx

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Department
Management
Course
MGT 247
Professor
Reed
Semester
Fall

Description
CHAPTER 2: Leading Strategically • Strategic leadership o Establishing vision and mission o Developing the management team and succession  Top management team=group of managers charged with the responsibility of developing and implementing the firms strategies  Develop people who can succeed them o Managing the resource portfolio  Human capitol= knowledge and skills of those working in the firm  Social capitol= all internal and external relationships that help the firm provide value to customers and ultimately to its other stakeholders o Building entrepreneurial culture  Encourages employees to identify and exploit new opport
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