Question

Top leadership and organizational culture impact the strategy formulation and implementation

Answer 1

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❏Organizational culture includes the shared beliefs, norms and values within an organization. It sets the foundation for strategy.

❏For a strategy within an organization to develop and be implemented successfully, it must fully align with the organizational culture.

Answer 2

Explanation:

The findings indicate that corporate strategy impacts positively on culture and organisational performance. ... The study also shows that leadership is a key factor in the implementation of strategic plans and a key link between the subsidiary and the holding company.