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Static Thinking Dilemmas Quiz

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Questions and Answers

What is a dilemma that can be resolved by static thinking?

Encouraging individual achievement

Promoting competitive labor costs

Balancing central versus local control (correct)

Fostering happy committed employees

In which situation can static thinking effectively address the issue?

Encouraging competitive labor costs

Balancing between individual achievement and fostering a sense of value for everyone (correct)

Resolving the conflict between happy committed employees and competitive labor costs

None of the above situations are suited for static thinking

Which dilemma mentioned in the text cannot be resolved through static thinking?

Encouraging competitive labor costs

Rewarding individual achievement

Balancing central versus local control

Fostering happy committed employees (correct)

What type of thinking is ineffective in situations where individual achievement and everyone feeling valued are in conflict?

Static thinking Signup and view all the answers

Which of the following scenarios is least likely to benefit from static thinking?

Encouraging competition among employees for better results Signup and view all the answers

What are the three areas an organization should consider to develop a Hedgehog Concept?

Best in the world at, passionate about, economic engine Signup and view all the answers

What does the intersection of the three circles in the Hedgehog Concept model represent?

Organization's Hedgehog Concept Signup and view all the answers

Why is focusing on an organization's Hedgehog Concept important?

To avoid the curse of competence Signup and view all the answers

What distinguishes a Hedgehog Concept from a Fox Concept?

Depth of knowledge in one area Signup and view all the answers

How does Jim Collins describe startups in relation to the Hedgehog Concept?

As unicorns with unique strategies Signup and view all the answers

What does the economic engine refer to in the context of developing a Hedgehog Concept?

Financial and economic drivers of success Signup and view all the answers