Strategic Thinking and Business Acumen Flashcards
7 cards from real CELC 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 Thinking and Business Acumen flashcards as text
What is the primary purpose of developing business acumen in executive coaching clients?
Answer: To enable executives to make informed decisions that align with organizational strategy and financial health
Business acumen enables executives to understand the financial and operational drivers of their organization, supporting better strategic decision-making.
Which strategic analysis tool examines Political, Economic, Social, Technological, Legal, and Environmental factors affecting an organization?
Answer: PESTLE Analysis
PESTLE Analysis is a macro-environmental scanning framework that assesses six external factors influencing organizational strategy.
In executive coaching, 'systems thinking' is best described as:
Answer: Understanding how individual parts of an organization interact and influence the whole
Systems thinking helps executives see the interconnections and interdependencies across organizational functions rather than viewing problems in isolation.
When coaching an executive on competitive positioning, which element of Porter's Five Forces addresses the bargaining power of customers?
Answer: Buyer power
Buyer power in Porter's Five Forces assesses the degree to which customers can pressure companies on price, quality, and service.
An executive coach notices a client consistently focuses on short-term financial results at the expense of long-term strategy. The BEST coaching approach is to:
Answer: Help the client explore the tension between short-term performance and long-term value creation
Effective coaching explores the client's awareness of trade-offs, building the capacity to balance immediate operational demands with sustainable strategic vision.
What is the primary function of a Balanced Scorecard in organizational strategy?
Answer: To measure performance across financial, customer, internal process, and learning perspectives
The Balanced Scorecard, developed by Kaplan and Norton, translates strategy into a comprehensive set of performance measures across four organizational perspectives.
Which financial concept should executive coaches help clients understand to evaluate the efficiency of capital deployment?
Answer: Return on Invested Capital (ROIC)
ROIC measures how effectively a company generates profit relative to the capital invested, making it a key indicator of strategic capital efficiency.
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