solved Exam1. You recently have been hired as the Chief Executive
Exam1. You recently have been hired as the Chief Executive Officer (CEO) of a large long-term care facility. Although part of a chain of such facilities (part of a horizontal integrationstrategy), you have been granted complete autonomy to “run your facility as you see fit†by the corporate owners. Six months have passed and you have spent most of your time trying to thoroughly understand the operations and long-term care issues. Sitting in your office, you gaze out the window not really seeing the tree-line side-walks of the facility’s campus. You think to yourself, “We are doing well enough for now but, what about the future?†“So many things are changing – new regulations, increasing competition, managed care, alliances being formed, and now COVID.†“Can we continue to operate as we do now?†“What we really need is some serious strategic thinking.†“We need to begin making some changes today in order to be ready for tomorrow.†“We should start a strategic planning process; but the staff really doesn’t understand strategic planning – they will see this as just one more thing to do in an already too busy day – or worse just another one of the boss’s silly projects.†“How can I explain the process and its importance to the staff so that they will really understand it and fully buy-in?†“I had better get ready for that talk, since the staff meeting is in less than an hour.†“I had better make some notes. I don’t want to mess this up.†You begin to write…….2. We have used the metaphor of “the map and compass†to describe strategic thinking, planning, and management. What does this metaphor have to do with developing strategy?Can the map and compass metaphor provide a foundation for a (your) management/leadership philosophy?