YEAR 11 BUSINESS STRATEGY GAME: CHAPTER 11 Chapter 11 Exercise: 50 words or less per question okay 1. Do you and your comanagers deliberately shift resources from one area to another to better support strategy execution efforts? If so, cite at least three such instances. 2. Do you and y0ur comanagers regularly study the benchmarking data in the Footwear Industry Report to see how well your footwear company is doing? Do you consider the benchmarking information provided to be valuable? Why or why not? Cite three recent instances in which your examination of the benchmarking statistics has caused you and your co-managers to take corrective actions to boost company performance. 3. What actions, if any, is your athletic footwear company taking to pursue continuous improvement in how your company performs certain value chain activities? 4. What is your company's approach to incentive compensation? Is there any hard evidence you can cite that indicates your company's use of incentive compensation techniques has worked? For example, have your company's compensation incentives actually boosted the productivity of the workers in your footwear plants? Can you cite evidence indicating that the productivity gains have resulted in lower labor costs per pair produced? If the productivity gains have not translated into lower labor costs per pair produced, is it fair to say that your company's use of incentive compensation is a failure? 5. Are you and your co-managers consciously trying to achieve "operating excellence?" Identify at least three indicators of operating excellence at your footwear company? Based on these indicators, how well does your company measure up? 6. What hard data can you cite that indicates your company's management team is doing a better or worse job of achieving operating excellence than are the management teams at rival footwear companies? STRATEV he