Strategic Thinking for Professional

Strategic thinking is a cognitive process that involves…

• Analyzing critical factors

• Managing expectations

• Calculating risk

• Creating value

These are elements that are included in strategic thinking, except…

• Decision making

• Problem solving

• Developing action plans

• Managing budget

Business or management can prepare for the future by creating range of possible future and evaluating the impact, this method is usually called as…

• Forecasting

• Scenario planning

• Risk management

• Critical path

In crafting successful strategy, business needs to identify its resource. The first thing business needs to do in identifying resources is…

• Listing the resource

• Look at the tangible and intangible resource

• Identify company’s unique aspect

• Evaluating company’s resource

What considered as intangible resource of the company?

• Financial

• Human Resource

• Intellectual Property

• Copyrights

VRIO framework is abbreviation for…

• Value, Resource, Intangible, Organization

• Value, Rarity, Imitability, Organization

• Value, Risky, Imitability, Order

• Value, Resource, Intangible, Order

In identifying strength and weakness of business or organization, we use…

• SWOT Analysis

• VRIO Framework

• PESTLE

• 7S

The first step in doing McKinsey’s 7S is…

• Gather information

• Identify the objective

• Conduct research

• Identify inconsistencies

If we coordinating effort to plan the work for a project or maintenance service before it begins, it means we use … planning approach.

• Reactive

• Proactive

• Adjusting

• Accomodating

What are the less important priority?

• Critical

• Important

• Delegated

• Desirable