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IASP SPP Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Strategy Formulation | 24-28% | - Define organizational mission, vision, values and strategic direction - Evaluate and select strategic alternatives - Assess internal and external environment - Develop strategic objectives and initiatives |
| Topic 2: Strategy Execution, Governance and Evaluation | 26-30% | - Evaluate strategy effectiveness and outcomes - Manage strategic risks and opportunities - Implement strategic plans and monitor progress - Update and adapt strategy based on results and changing conditions |
| Topic 3: Engagement | 15-19% | - Manage knowledge and learning across the organization - Build strategic management capabilities and culture - Facilitate innovation and strategic option development - Align leadership and stakeholders around shared vision and goals |
| Topic 4: Preparation for Strategy Transformation | 27-31% | - Align resources, capabilities and processes - Establish performance measurement systems - Plan change management and communication - Design organizational structure and governance to support strategy |
IASPStrategy Planning Professional Exam Sample Questions:
1. Which of the following is NOT a desired goal of effective pre-meetings?
A) Make policy decisions with senior leadership
B) Gather input from participants
C) Resolve political issues
D) Identify issues
2. Which of the following differentiates vision from strategy?
A) Vision is "why we are in business"; strategy is "who we are"
B) Vision is "our picture of the organization's future"; strategy is "how we plan to go about accomplishing our vision"
C) Vision is "who we are"; strategy is "what products and services we are selling"
D) Vision is "our purpose"; strategy is "our core values and principles"
3. In the Balanced Scorecard strategy map, which of the following themes is focused on the firm's products and services, more so than the other themes?
A) Build the Franchise
B) Increase Customer Value
C) Be a Good Corporate Citizen
D) Achieve Operational Excellence
4. A fundamental benefit of using the Balanced Scorecard is that it provides a means to link a long-term strategy with
A) the customer's as well as an internal perspective.
B) All of the above.
C) the learning and growth perspective.
D) financial results.
5. In understanding an organization's functioning from a strategic perspective, it is necessary to recognize that
A) the processes, systems, and people are interrelated and interdependent.
B) each department works independently of the others.
C) the product/service sector in which it is categorized is unique and independent.
D) the leader is well recognized in the business community.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A |
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