What is Strategy and Why is it important? The five (5) tasks of strategic management are clear: - Develop a strategic vision and business mission;- Setting objectives;- Crafting a strategy to achieve the objectives;- Implementing and executing the strategy; and- Evaluating performance, monitoring new developments, and initiating corrective action. But, who does strategy -- the CEO? Only the CEO? The upper echelon? Line Department Managers? Staff Department Managers? Operational Unit Managers? Or, does everyone do it??? And what do they do??? Mention long-term and short-term in your response. In this regard, what is the role of the role of the Board of Directors -- should they be very involved (overly involved)? Or, should they rubber-stamp everything that management puts forth? What does Sarbanes-Oxley say about Board involvement? Note, our PowerPoints include some special issues about strategy, including: Strategy is about asking the right questions: What must managers do, and do well, to make a firm a winner in the marketplace? Strategy requires getting the right answers: Good strategic thinking and good management of the strategy-making, strategy-executing process. First-rate capabilities and skills in crafting and executing strategy are essential to managing successfully. Is that all that strategy is about??? Take a piece of this intro and "run" with it! Use some real-life examples -- use Google, if necessary -- discuss your job; discuss your former job; what about the job(s) of your parent(s); or any organizations that you've read about; etc., etc., etc.