Strategic Planning & Vision Flashcards
7 cards from real CBC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Strategic Planning & Vision flashcards as text
A client asks how often a strategic plan should be formally reviewed. What is the best coaching guidance?
Answer: Review it on a regular cycle, such as quarterly, and adjust when conditions change
Effective strategic plans are living documents reviewed on a regular cadence and adjusted as internal or external conditions shift.
A coach notices a client's stated core values conflict with how leaders actually behave. Why does this matter for strategic planning?
Answer: Values that are not lived undermine credibility and weaken strategy execution
When leadership behavior contradicts stated values, employees lose trust and commitment, which erodes execution of the strategy.
In the balanced scorecard framework, which four perspectives are used to translate strategy into measurable objectives?
Answer: Financial, customer, internal processes, and learning and growth
Kaplan and Norton's balanced scorecard measures strategy across financial, customer, internal process, and learning and growth perspectives.
A small-business client wants to pursue five major strategic initiatives simultaneously with a team of eight people. What should the coach help the client do?
Answer: Prioritize initiatives based on impact and available resources
Effective strategy requires focusing limited resources on the highest-impact priorities rather than diluting effort across too many initiatives.
Which of the following best describes a strategic objective, as opposed to an operational task?
Answer: A medium-to-long-term outcome that advances the vision, such as entering a new market
Strategic objectives are significant outcomes tied to the long-term vision, whereas operational tasks are routine day-to-day activities.
A client resists setting a long-term vision, saying the market changes too fast. How should a coach best respond?
Answer: Explain that a vision provides stable direction while strategies and tactics can flex with the market
A vision anchors long-term direction, while the strategies and tactics used to pursue it can adapt as conditions change.
What is a key performance indicator (KPI) in the context of strategic planning?
Answer: A quantifiable measure used to track progress toward a strategic objective
KPIs are quantifiable metrics selected to show whether the organization is progressing toward its strategic objectives.