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IASPStrategy Planning Professional Exam Sample Questions:

1. Innovation and creativity come from

A) asking a single research consultant how people use our products or services.
B) encouraging our own cross-functional teams to develop original ideas and strategies.
C) absorbing the strategic best practices of other organizations to identify a metric for judging strategic needs.
D) eliminating all but one of your company's traditional products/services.

2. Which of the following features would you likely find in an effective communication plan for a new strategic direction?

A) Clear links between the overall strategic direction and individual compensation
B) An explanation of the tactics to be used to achieve the vision
C) Evidence the communication plan was developed by consultants specializing in communication management
D) Clear communication of what the organization wants to achieve

3. How does qualitative information gathered by observation, interviews, or external focus groups inform strategic development?

A) Confirms competitive positioning
B) Defines future directions
C) Provides market share information
D) Provides insights on motivation of customers and competitors

4. How are key stakeholders identified?

A) Consider the list of the board of directors
B) Consider those who are most affected by and able to affect the outcomes
C) Identify organization's highest lifetime value customers
D) Identify the major corporate shareholders

5. Which of the following is an appropriate technique to ensure staff members have a greater chance of achieving their goals?

A) Hire a consultant to assist in restructuring to achieve a flatter organization
B) Break the challenge into manageable parts and address the hurdles to strategy execution
C) Build a top management team with strong functional skills that strives to create mutually beneficial outcomes
D) Assemble a coalition with a clear and simple message to encourage the masses

Solutions: