which of the following is one of the eight principal managerial components associated with the process of implementing and executing strategy? adopting best practices and business processes to drive continuous improvement in activities that encompass strategy execution
staffing solely with personnel below the age of 35 who have college degrees and a grade point average of 3.0 or better
implementing a management development plan to groom future executives
allocating ample resources to strategy-critical activities
shifting from decentralized to centralized decision making so as to give senior executives more authority and control in driving cultural change

Allocating ample resources to strategy-critical activities is one of the eight principal managerial components associated with the process of implementing and executing strategy.

What are strategy activities?

Strategic acts, initiatives, and other endeavors are those that aim to meet predetermined goals and consequences.

Every target and goal has to have a plan (consisting of actions) outlining how it will be accomplished. The level of freedom your managers and team members have while implementing the strategy will depend on how detailed it is.

Our approach for developing strategies highlights actions necessary for achieving the organization's intended ambitions. Importantly, it also uses cause and effect linkages to connect individual and group actions to the intended results and objectives, as indicated in the picture below. In doing so, the organization successfully draws a road map of the steps it must take to accomplish its objectives and aims on the way to realizing its vision.

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