Question

Managers must design their organization to implement today's strategy and also to foster the flow of new ideas that will _____.

a.stimulate the formation of tomorrow's strategies.
b.lead to higher profit margins in the short term.
c.build employee morale at all levels of the organization.
d.raise the company's stock price

Answer 1

Managers need to design their organization to implement current strategies and encourage innovation for future strategies, by fostering a more educated workforce, investing in new technologies, and creating a favorable economic climate.

Step-by-step explanation:

Managers must design their organization not only to implement today's strategy but also to foster the flow of new ideas that will stimulate the formation of tomorrow's strategies. This concept emphasizes the importance of a forward-thinking approach in which current success does not overshadow the need for continuous innovation and strategic planning.

By promoting a culture that encourages new ideas, an organization sets the stage for future growth and adapts to changes in the market environment. To achieve this, managers can foster a more educated workforce, invest in new technologies, and create an economic climate conducive to investment and innovation.