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3 November, 04:00

The old adage "nothing is constant but change" implies that organizations are always in a state of flux and business leaders cannot necessarily keep pace with the rate of change. Thus, which of the following statements do you consider the most accurate. Multiple Choice

This observation indicates that business leaders' ability to make effective decisions is limited by an uncertain future

O The use of evidence-based analytical tools is necessary to assess current situations and improve the quality of strategie decision making

O Considering the accelerated rate of change in today's business climate, a permanent title of change manager should be adopted in organizations to scan the environment

O None of the above

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  1. 3 November, 04:05
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    The correct answer is considering the accelerated rate of change in today's business climate, a permanent title of change manager should be adopted in organizations to scan the environment.

    Explanation:

    The ability of business leaders to make effective decisions is not limited by an uncertain future, they only need to equip themselves adequately with the right information in order to weather the storm of uncertainty.

    Use of analytics is a good way to enhance decision making, but if current situation is tackled, what about the future thereafter? Hence, the appropriate approach should be an ongoing one not only the one that resolve current issues alone.

    No doubt creating a permanent role for a change champion is a step in the right direction to tackle current menace as well future challenges.
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