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IASPStrategy Planning Professional Exam Sample Questions:

1. The alignment of the organization's redesign with strategy can be hindered by:

A) Adequate understanding of strategic direction by all stakeholders
B) Developing and implementing an effective communication plan
C) Having the required tools and technology
D) Mismatches between required positions and employees' skillset

2. Benchmarking is most useful when comparing

A) current processes to past processes.
B) different departments within the organization.
C) the organization's process to a similar process in other organizations.
D) best practices to worst practices.

3. Which of the following is MOST critical for successful execution of a strategic plan?

A) Organization-wide communication of the vision
B) Alignment of the organization structure specifically around the mission statement
C) A well-defined budget
D) Translation of the strategy into short-term operating objectives

4. An organization's choice to lower quality standards via budget cuts, rather than investing so as to achieve higher quality standards, is an example of

A) eroding goals.
B) motivation.
C) shifting the burden.
D) escalation.

5. Which of the following are the key considerations when determining which performance measure to apply to a strategic objective?

A) Is easy to track, reports on outcomes soon after the fact, and is accepted by industry leaders
B) Is valid and verifiable and helps to balance a mix of both leading and lagging performance indicators
C) Compares performance against competitors, communicates a positive message to shareholders, is tracked without creating new processes, and is predictive
D) Is linked to financial performance, is requested by the board of directors, gives insight as to what customers are thinking, and is predictive

Solutions: