Weeks 5 to 10

We divided the strategic planning process into four stages, each identified by a question. Which of the following relates to the first stage?

• Where are we now?

• Where do we want to be?

• How might we get there?

• How do we ensure safe arrival?

The SDG Compass is a guide for business actions in the context of Sustainable Development.

• True

• False

The first stage of the strategic planning process proposed by the SDG Compass is understanding SDGs.

• True

• False

According to the SDG Compass, the materiality matrix is a tool used to define priorities and set goals.

• True

• False

In order to understand where the company initially is we use ____ to examine impacts:

• The materiality matrix

• A SWOT analysis

• Sustainability Development Goals and Planetary Boundaries as a yardstick

• Porter’s value chain

“_______ are those issues that reflect the company’s significant economic, environmental and social impacts [...], whether positive or negative”. Which is the term defined?

• Strategy issues

• Planetary boundaries

• Embedded issues

• Material issues

A goal should NOT be…

• Generic

• Relevant

• Quantifiable

• Timely

Which of the following is not an example of an internal strategy?

• Hiring employees with sustainability expertise and background

• Establish a philanthropic partnership

• Developing a mission statement

• Tying sustainability to the company’s core strategy

External strategies are not likely to involve

• Advocacy and lobbying

• The company’s suppliers

• The development of standards and frameworks

• Communications and trainings for employees

Which of the following is not a factor that can help determining the success of a partnership?

• Drivers: what brings the partner together

• The size of the partnership: the bigger, the better

• Motivations: why are the businesses joining the partnership

• Process issue: being able to get to a shared vision and do enough trust