Question
"12 per cent of effective management strategy is knowledge and 88 per cent is dealing appropriately with people".
Answer :
Word Count : 243
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This statement highlights a critical perspective in strategic management, emphasizing the human element over technical or knowledge-based competencies. While knowledge of tools, frameworks, and analytical methods forms the foundation of strategic decision-making, the effectiveness of any strategy largely depends on how managers interact with people. Employees, stakeholders, and teams drive execution, and their motivation, alignment, and cooperation often determine the success or failure of strategic initiatives. Dealing appropriately with people involves understanding their needs, managing conflicts, fostering collaboration, and inspiring commitment. It requires emotional intelligence, communication skills, negotiation capabilities, and
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