Performance Management C3 and C4

Strategic Planning is defined as

• describing organization's destination, assessing barriers, and deciding how to move forward

• describing the organizational expectations, mission, and vision

• describing the key roles and objectives of each employees

• Aligning individual goals with organizational goals

How does performance management support strategic planning?

• By focusing solely on employee satisfaction

• By ensuring all employees work towards individual goals

• By aligning employee performance with the organization’s strategic goals

• By reducing the need for performance appraisals

Which of the following is a key benefit of strategic planning?

• Reduced need for performance reviews

• Shortened decision-making process

• Improved focus on long-term objectives

• Focus on operational details

In strategic planning, what does SWOT stand for?

• Strategy, Work, Opportunities, Team

• Strengths, Weaknesses, Opportunities, Threats

• Systems, Workers, Objectives, Tools

• Standards, Work, Organization, Targets

Strategic planning aligns with performance management by ensuring:

• Short-term fixes for operational issues

• Employee satisfaction is prioritized over business goals

• Organizational goals are communicated and integrated into employee objectives

• Focus on financial performance only

Followings are factors to consider in external trend analysis, EXCEPT:

• Economic

• Technological

• Competitors

• Size

Followings are factors to consider in internal trend analysis, EXCEPT:

• Organizational objective

• Organizational Structure

• Size

• Organizational Culture

What is the purpose of a mission statement in strategic planning?

• To define long-term goals and actions

• To motivate employees

• To describe the organization's purpose and primary objectives

• To detail the company's organizational structure

In strategic planning, which factor is considered an external threat?

• High employee turnover

• Increasing competition in the market

• Weak organizational culture

• Poor product quality

Which type of performance management approach focuses on measuring employee outcomes rather than behaviors?

• Behavioral approach

• Trait-based approach

• Developmental approach

• Result-based approach