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IASPStrategy Planning Professional Exam Sample Questions:
1. How can a strategic planner ensure the planning process is improved over time?
A) Require periodic reports from the organization to track progress
B) Review records to see where the organization has been compared to the current situation
C) Use guided imagery to envision the ideal planning process
D) Set up mechanisms to manage continuous improvement
2. What process is adopted by an organization to minimize disruption when implementing a new strategic plan?
A) Environmental scanning
B) Strategic management
C) Project management
D) Change management
3. The main value of the balanced scorecard model lies in its emphasis on forging a balanced approach to measuring and managing strategic control factors. To this end, an attribute of a complete Balanced Scorecard is that it includes a mixture of
A) Financial accountability-focused, customer-focused, internal process-focused and learning and growth- focused strategic objectives
B) Historical, financial, operating, and strategic measures
C) Profit and non-profit objectives
D) Operating and financial objectives
4. Which of the following best describes a Balanced Scorecard strategy map?
A) Two-dimensional matrix describing the mission and vision of an organization
B) Organization's value creation map
C) Generic architecture for describing an organization's strategy
D) Inventory of the strategic goals and objectives of an organization
5. Which of the following is the BEST approach to getting buy-in and continuous engagement from stakeholders?
A) Ask stakeholders who are against the change what is needed to get their support
B) Invite key stakeholders to attend an initial planning session to discuss the change
C) Find ways to bypass the support of stakeholders
D) Tell stakeholders who are against the change that they do not have a choice
Solutions:
Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A |