What is difference between strategic and tactical executive

Assignment Help Accounting Basics
Reference no: EM132665512

Respond to the following prompt:

In The Ultimate Sales Machine, Holmes (2019) wrote: "In experience, there are three types of executives. A full 90 percent are what call ‘tactical executives,' while 9 percent are what would call ‘strategic executives.' And only 1 percent - the most effective executives - possess the rare combination of both tactical and strategic abilities".

Problem 1: What is the difference between a strategic and tactical executive?

Problem 2: Why is it important to become a better strategist in today's competitive environment?

Problem 3: What specific knowledge and skills must a strategic executive develop?

Reference no: EM132665512

Questions Cloud

Why do think government imposed such policies : Why do think government imposed such policies (based on political/economic arguments introduced) and whether these intervention is effective.
Identify the relevant tax research issues facing Sanjay : Critical Thinking Sanjay receives a 90-day letter after his discussion with an appeals officer. Identify the relevant tax research issues facing Sanjay
What is cloud computing : Include a description of the 3 service models defined by NIST. What is Cloud computing?
Disaster including the current pandemic : Select an organization that was located in the Hurricane Katrina disaster area, or any disaster including the current pandemic.
What is difference between strategic and tactical executive : Why is it important to become a better strategist in today's competitive environment? What is the difference between a strategic and tactical executive?
Bus cont plan and disaster recovery plan : Provide a reflection of how the knowledge, skills, or theories of this course have been applied, or could be applied, in a practical manner to your current work
How does the marketing function create value for customers : At the end of your assignment, reflect on the marketing concept in comparison to more traditional approaches to conducting business.
Draw the equivalent circuits for periods : Draw the equivalent circuits for periods - write an equation for total power dissipation of the converter when the output current is 2 Amps
Find how much is charlotte moving expense adjustment : How much is Charlotte's moving expense adjustment? How much of the student loan interest can Darren deduct as an adjustment to income on his 2019 tax return?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd