CTL Strategic Thinking & Vision 4

Question 1

A team leader is asked to identify a 'strategic gap.' What does this term mean?

Accepted Answer

The difference between the current state and the desired future state

Answer

A strategic gap is the measurable distance between where the organization is now and where its vision and goals require it to be.

Question 2

Which of the following is an example of a lagging indicator used in strategic planning?

Accepted Answer

Annual revenue growth

Answer

Lagging indicators measure outcomes after the fact (e.g., annual revenue), while leading indicators predict future performance.

Question 3

A team leader is reviewing the organization's value chain. The PRIMARY purpose of this analysis is to:

Accepted Answer

Understand which activities create competitive advantage and where inefficiencies exist

Answer

Value chain analysis (Porter) helps identify which organizational activities drive competitive advantage and where costs or delays can be reduced.

Question 4

A team is consistently meeting its goals, but the goals were set two years ago and the market has shifted significantly. A strategic team leader should:

Accepted Answer

Reassess whether the goals are still aligned with current strategic priorities

Answer

Strategic agility requires periodically validating that goals remain relevant as the external environment evolves.

Question 5

In strategic planning, 'Blue Ocean Strategy' encourages organizations to:

Accepted Answer

Create uncontested market space by making the competition irrelevant

Answer

Blue Ocean Strategy, developed by Kim and Mauborgne, focuses on innovation that creates new demand rather than competing in crowded existing markets.

(CTL) Certified Team Leader Practice Test

(CTL) Certified Team Leader Practice Test

CTL Strategic Thinking & Vision 4