Strategic Planning Quiz

What are the four components of the strategic planning process?

• Who are we, What do we do, How do we do it, Why do we do it

• Where are we now, Where are we going, What is winning, What do we need to do

• Where are we now, Where are we going, What is going to get in our way, What do we need to do to get there

• When do we start, Where do we end, How do we get there, Why do we want to go there

What is the purpose of a vision in strategic planning?

• To increase costs, To decrease productivity, To create uncertainty, To discourage innovation

• To confuse employees, To create a long document, To motivate and inspire, To limit growth potential

• To motivate and inspire, To create a long document, To confuse employees, To limit growth potential

• To create chaos, To slow down progress, To limit creativity, To reduce employee satisfaction

What is the importance of values within an organization?

• They have no impact on performance, They are irrelevant to the culture, They drive performance, They limit growth potential

• They drive performance, They are important to the culture, They limit growth potential, They discourage innovation

• They create confusion, They discourage teamwork, They slow down progress, They are not important

• They drive performance, They limit creativity, They reduce employee satisfaction, They have no impact on performance

What is a common hindrance to successful implementation in strategic planning?

• Employee motivation, Lack of resources, Clear communication, Strong leadership

• Clear communication, Employee motivation, Strong leadership, Lack of resources

• Strong leadership, Lack of resources, Employee motivation, Clear communication

• Lack of resources, Clear communication, Strong leadership, Employee motivation

What is the purpose of a balanced scorecard in strategic planning?

• To confuse employees, To limit growth potential, To drive performance, To discourage innovation

• To drive performance, To have a clear direction, To keep the plan top of mind, To save time and resources

• To increase costs, To decrease productivity, To create chaos, To slow down progress

• To drive performance, To limit creativity, To reduce employee satisfaction, To have no impact on performance

What is the key to getting alignment in strategic planning?

• Lack of communication, Confusion, Lack of buy-in, Clear communication

• Confusion, Lack of communication, Lack of buy-in, Clear communication

• Lack of buy-in, Clear communication, Confusion, Lack of communication

• Clear communication, Lack of buy-in, Lack of communication, Confusion

What is the purpose of cascading goals in strategic planning?

• To increase costs, To decrease productivity, To create chaos, To slow down progress

• To drive performance, To have a clear direction, To keep the plan top of mind, To save time and resources

• To create confusion, To limit growth potential, To drive performance, To discourage innovation

• To drive performance, To limit creativity, To reduce employee satisfaction, To have no impact on performance

What is the role of communication in strategic planning?

• To confuse employees, To limit growth potential, To drive performance, To discourage innovation

• To increase costs, To decrease productivity, To create chaos, To slow down progress

• To drive performance, To limit creativity, To reduce employee satisfaction, To have no impact on performance

• To drive performance, To have a clear direction, To keep the plan top of mind, To save time and resources

What is the purpose of a mission in strategic planning?

• To create chaos, To slow down progress, To limit creativity, To reduce employee satisfaction

• To increase costs, To decrease productivity, To create uncertainty, To discourage innovation

• To motivate and inspire, To create a long document, To confuse employees, To limit growth potential

• To confuse employees, To create a long document, To motivate and inspire, To limit growth potential

What are the risks that can hinder a successful strategic planning process?

• Clear communication, Employee buy-in, Sufficient resources, Strong leadership

• Employee buy-in, Strong leadership, Clear communication, Sufficient resources

• Sufficient resources, Strong leadership, Employee buy-in, Clear communication

• Strong leadership, Clear communication, Sufficient resources, Employee buy-in