Strategic Planning in HR Quiz

What is the primary benefit of strategic planning in HR?

• Reduces costs immediately

• Ensures qualified people are in the right positions

• Limits employee turnover

• Guarantees financial stability

Which of the following is NOT a limitation of strategic planning?

• Poor accountability

• Excessive costs if managed poorly

• Stimulates visionary thinking

• Lack of follow-up

What is the first step in the strategic planning process?

• Conducting a SWOT analysis

• Writing a vision statement

• Assembling the team

• Writing the strategic plan

Which of the following is a key component of a vision statement in strategic planning?

• Detailed financial estimates

• A broad goal for the future

• Specific performance metrics

• A focus on the organization's day-to-day operations

What is the purpose of a SWOT analysis in strategic planning?

• To write the final strategic plan

• To identify strengths, weaknesses, opportunities, and threats

• To determine key performance indicators

• To assemble the planning team

Why is assigning champions to strategic goals important?

• They provide financial resources

• They act as crusaders and ensure follow-through

• They write the strategic plan

• They finalize the vision statement

How does human resource planning relate to student enrollment forecasting?

• It doesn't directly relate

• It ensures there are no staffing shortages or overstaffing issues

• It prioritizes short-term goals

• It focuses on reducing employee turnover

What is the main objective of succession planning in HR?

• To reduce costs

• To identify internal and external replacements for key positions

• To improve employee satisfaction

• To increase enrollment numbers

Which is a critical factor in ensuring a successful succession plan?

• Increasing financial budgets

• Keeping the process static

• Providing ongoing updates and assessments

• Only considering external candidates

Which federal act prohibits discrimination against employees over 40 years old?

• Americans with Disabilities Act

• Civil Rights Act

• Age Discrimination in Employment Act

• Equal Pay Act