Caliper Assessment Decision-Making and Strategic Thinking 4

Question 1

Which of the following is the primary purpose of scenario planning in strategic decision-making?

Accepted Answer

To prepare the organization for multiple plausible futures rather than one forecast

Answer

Scenario planning builds organizational resilience by preparing leaders to respond effectively across multiple possible futures, not just the most expected one.

Question 2

A team is stuck in 'analysis paralysis.' The most effective intervention is to:

Accepted Answer

Set a decision deadline and identify the minimum information needed to proceed

Answer

Setting a deadline and defining the minimum viable information required forces progress and breaks the cycle of endless data-gathering.

Question 3

In the context of the Caliper Assessment, 'urgency' in decision-making is best paired with which complementary trait?

Accepted Answer

Thoroughness

Answer

On the Caliper profile, high urgency is most effective when balanced with thoroughness, ensuring fast decisions are also carefully considered.

Question 4

Which of the following is an example of 'sunk cost fallacy' affecting a strategic decision?

Accepted Answer

Continuing to fund a failing project because $2M has already been spent on it

Answer

The sunk cost fallacy causes decision-makers to continue investing in failing projects based on past spending rather than future returns.

Question 5

An organization wants to improve decision quality at scale. Which structural intervention has the strongest evidence for effectiveness?

Accepted Answer

Creating diverse decision-making teams with structured dissent roles

Answer

Diverse teams with structured dissent (e.g., devil's advocate roles) consistently outperform homogeneous or consensus-only groups in decision quality.

Caliper Assessment Practice Test

Caliper Assessment Practice Test

Caliper Assessment Decision-Making and Strategic Thinking 4