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Last Updated: Aug 09, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Preparation for Strategy Transformation | 27-31% | - Design organizational structure and governance to support strategy - Establish performance measurement systems - Align resources, capabilities and processes - Plan change management and communication |
| Strategy Formulation | 24-28% | - Evaluate and select strategic alternatives - Develop strategic objectives and initiatives - Define organizational mission, vision, values and strategic direction - Assess internal and external environment |
| Strategy Execution, Governance and Evaluation | 26-30% | - Manage strategic risks and opportunities - Evaluate strategy effectiveness and outcomes - Implement strategic plans and monitor progress - Update and adapt strategy based on results and changing conditions |
| Engagement | 15-19% | - Manage knowledge and learning across the organization - Align leadership and stakeholders around shared vision and goals - Facilitate innovation and strategic option development - Build strategic management capabilities and culture |
1. When should the chief executive, senior management team, and the planning department begin addressing potential obstacles to implementation of the strategic plan?
A) During the operational/business unit planning steps
B) During the current state assessment step in strategic planning
C) At the formal kickoff of the strategic plan implementation
D) At the formal kickoff of the strategic planning process
2. Employee commitment should be secured at what point in the strategic management process?
A) Not until the vision has been approved
B) As early as possible
C) After senior managers have made asset allocation decisions
D) Once key analysis has been completed
3. Of the four elements presented, which would you expect to see more so on a business plan rather than on a strategic plan?
A) Detailed financial projections
B) Vision and mission statements
C) Detailed results of an environmental scan
D) Detailed performance metrics
4. What basic principle of human behavior enhances "buy-in" and therefore implements the strategic plan?
A) People are naturally optimistic
B) People help support what they help create
C) People are competitive in nature
D) People demand respect and participation
5. When multiple changes are already occurring in an organization, which of the following is the best way to initiate another change?
A) Implement the total project all at once
B) Phase in the project in small segments with a few employees
C) Provide stress management training first
D) Survey employees on impact of change at this point in time
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |
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