Why are top-level managers considered to be important resources for an organization?

1. How do strategic leaders effectively manage their firm’s resource portfolio to exploit its core competencies and leverage the human capital and social capital to achieve a competitive advantage?

2. What must strategic leaders do to develop and sustain an effective organizational culture?

1. What is the managerial succession process? How important are the internal and external managerial labor markets to this process?

2. What is the effect of strategic leadership on determining the firm’s strategic direction?

1. What is strategic leadership? Why are top-level managers considered to be important resources for an organization?

2. What is a top management team, and how does it affect a firm’s performance and its abilities to innovate and design and bring about effective strategic change?

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