Strategic Planning Concepts Assessment

The video tutorial outlines a seven-step process for effective strategic planning. It begins with creating a vision for the future, followed by analyzing the current reality using SWOT analysis. The next steps involve determining organizational needs, developing a detailed action plan, and implementing it by assigning responsibilities. The process includes evaluating progress and making necessary adjustments to ensure the strategic goals are met. The tutorial emphasizes the importance of accountability and continuous improvement throughout the planning process.

Why is strategic planning important according to the video?

• It helps in daily operations.

• It ensures financial stability.

• It improves employee satisfaction.

• It provides a clear path to the destination.

What is the first step in strategic planning?

• Analyzing the current reality

• Creating a vision

• Implementing the plan

• Developing an action plan

How far into the future should you visualize your organization?

• 1 year

• 10 years

• 3-5 years

• 2 years

What does SWOT stand for?

• Strengths, Weaknesses, Options, Tactics

• Strengths, Weaknesses, Opportunities, Threats

• Strategies, Weaknesses, Opportunities, Tactics

• Strategies, Weaknesses, Options, Threats

Which of the following is NOT part of the SWOT analysis?

• Strengths

• Weaknesses

• Opportunities

• Tactics

What should you determine in the third step of strategic planning?

• The vision of the organization

• The current reality

• The needs to achieve objectives

• The action plan

Which question is NOT relevant when determining organizational needs?

• What is our vision?

• Who are our future customers?

• What are the risks?

• What resources are needed?

What is the purpose of developing an action plan?

• To create a vision

• To evaluate progress

• To analyze the current reality

• To establish short and long-term goals

What should be done if something in the plan is not working?

• Wait for it to improve

• Make necessary adjustments

• Ignore it

• Blame the team

What is the final step in the strategic planning process?

• Creating a vision

• Analyzing the current reality

• Making necessary changes

• Evaluating progress