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| Section | Weight | Objectives |
|---|---|---|
| Preparation for Strategy Transformation | 27-31% | - Establish performance measurement systems - Align resources, capabilities and processes - Plan change management and communication - Design organizational structure and governance to support strategy |
| Engagement | 15-19% | - Align leadership and stakeholders around shared vision and goals - Facilitate innovation and strategic option development - Manage knowledge and learning across the organization - Build strategic management capabilities and culture |
| Strategy Execution, Governance and Evaluation | 26-30% | - Implement strategic plans and monitor progress - Update and adapt strategy based on results and changing conditions - Evaluate strategy effectiveness and outcomes - Manage strategic risks and opportunities |
| Strategy Formulation | 24-28% | - Evaluate and select strategic alternatives - Define organizational mission, vision, values and strategic direction - Develop strategic objectives and initiatives - Assess internal and external environment |
1. After the organization's annual operations plan is developed, the role of middle management is to:
A) Work with the team to identify priorities for the next quarter, critical initiatives, any actions to be completed, and critical measures of success.
B) Steer clear of playing any significant role in the implementation of the operations plan, in favour of focusing on resource management only.
C) Ask the team to create an implementation plan to address objectives on the organization's operations plan.
D) Review the operations plan with their teams but refrain from offering insights on the plan's impact for the team.
2. Which of the following is MOST responsible for changing organization culture to better align it with a new strategy?
A) Human resources department
B) Planning team
C) Chief executive officer and the senior management team
D) Consultant retained to lead the effort
3. Which of the following is NOT a benefit of portfolio planning?
A) Yields higher-quality strategies
B) Gives organization-wide visibility concerning strategic performance
C) Decentralizes control strategy
D) Provides framework that can be adapted to each organization's needs
4. How can a leader BEST demonstrate she or he really wants to hear another person's views?
A) The leader should say something flattering
B) Directly ask the other person for their views
C) The leader should first find something to agree on, with the other person
D) The leader should describe his or her own listening skills first and foremost
5. Which of the following communication methods is likely to be MOST effective in obtaining useful employee feedback about the strategic management approach?
A) A customized, well-scripted slide show presentation given by a senior leader
B) An article written by a senior leader published in the organization's newsletter
C) Dialogue between leaders and employees in small group discussions
D) An e-mail message from the senior leader to employees
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: C |
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