Podcast
Questions and Answers
The Organizational Profile provides a 'finer picture' of the various organizational parts and sets the context for good strategic decisions.
The Organizational Profile provides a 'finer picture' of the various organizational parts and sets the context for good strategic decisions.
False
The second group of questions in the Baldrige Organizational Profile is listed under the heading 'Organizational Environment'.
The second group of questions in the Baldrige Organizational Profile is listed under the heading 'Organizational Environment'.
False
The term 'management challenges' refers to pressures that exert a decisive influence on an organization's likelihood of future success.
The term 'management challenges' refers to pressures that exert a decisive influence on an organization's likelihood of future success.
False
Strategic challenges are frequently driven by an organization's future competitive position relative to other providers of similar products or services.
Strategic challenges are frequently driven by an organization's future competitive position relative to other providers of similar products or services.
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Strategic objectives are what an organization must change or improve to remain or become competitive.
Strategic objectives are what an organization must change or improve to remain or become competitive.
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Mission statements typically include a definition of products and services, technologies used, markets served, customer needs, and distinctive competencies of the organization.
Mission statements typically include a definition of products and services, technologies used, markets served, customer needs, and distinctive competencies of the organization.
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A strategy integrates an organization’s major goals, policies, and action sequences into a cohesive whole.
A strategy integrates an organization’s major goals, policies, and action sequences into a cohesive whole.
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Mission is the pattern of decisions that determines and reveals an organization’s goals, policies, and plans to meet the needs of its stakeholders.
Mission is the pattern of decisions that determines and reveals an organization’s goals, policies, and plans to meet the needs of its stakeholders.
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Strategic planning involves envisioning the organization’s future and developing goals, objectives, and action plans to achieve that future.
Strategic planning involves envisioning the organization’s future and developing goals, objectives, and action plans to achieve that future.
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A key role of strategic planning is to align work processes and learning initiatives with an organization’s strategic directions.
A key role of strategic planning is to align work processes and learning initiatives with an organization’s strategic directions.
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