What Constitutes Strategic Thinking – I Copy
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Question 1 of 5
1. Question
10 point(s)The admin function in the organisation seeks to understand in exact detail the specifications of a product that a particular business unit is seeking for themselves. The admin function then uses a well thought through process to help identify the best possible vendor to supply that product.
Is this strategic thinking?
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Question 2 of 5
2. Question
10 point(s)The legal team proactively studies the laws of the land and identifies ways to secure a competitive advantage for the organisation’s products. It then advises management on how they can utilise that law to raise the entry barrier and make it harder for competition to enter the same market.
Is this strategic thinking?
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Question 3 of 5
3. Question
10 point(s)The senior management decided to change security policies for a particular business unit within the organisation. The Risk Team highlighted how changing the policy in one business unit will upset the delicate balance that exists between business units and the potential fall out this transpiring.
Is this strategic thinking?
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Question 4 of 5
4. Question
10 point(s)The compensation and benefits team, which had been tasked with the job of devising a suitable incentive structure for the business team, conducts an industry benchmarking study and comes with the best incentive plan in the industry.
Is this strategic thinking?
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Question 5 of 5
5. Question
10 point(s)The IT team had been approached by one of the business heads to develop a system that would automate some of the work that they performed manually. The IT team seeks to understand the plan that the business has for itself for the next three years, to identify how the system design can be more comprehensive and future proof.
Is this strategic thinking?
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