Think of the primary tools that managers use to implement strategy effectively and choose the word or phrase that best completes the sentence.

Delegating authority and responsibility and defining measures and metrics are part of ____________ that managers use to implement strategy effectively.

human resources

clear roles and accountability

visible leadership

Management in Life

You have just been elected president of your co-ed business fraternity at your university. You joined the fraternity during your freshman year with the promise of working on projects that would offer real-world business experience. Unfortunately, the opportunities to work on projects have been few and far between. Your fraternity has a lot of social events--which you love--but you wish your chapter spent more time completing service activities and projects for local companies. As the new president, you plan to propose a strategy that focuses on completing service and for-profit projects that will give your members real-world business experience.

Which of the following would be effective methods of implementing the new strategy for your business fraternity? Check all that apply.

Announce a new project at the chapter meeting and act as project manager for the activity.

Invite leadership from local companies to attend your weekly meetings to speak about and provide training on various business topics.

Announce the new strategy to the chapter at your weekly meeting. If members are receptive, step back and allow members to seek out projects to work on.

Ask chapter members to volunteer as project managers and task them with soliciting project opportunities from local businesses.

Create a strategic plan that outlines the steps necessary to achieve the goals. Present the plan at the next chapter meeting.