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IASP SPP Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Preparation for Strategy Transformation | 27-31% | - Design organizational structure and governance to support strategy - Align resources, capabilities and processes - Plan change management and communication - Establish performance measurement systems |
| Strategy Formulation | 24-28% | - Evaluate and select strategic alternatives - Define organizational mission, vision, values and strategic direction - Assess internal and external environment - Develop strategic objectives and initiatives |
| Strategy Execution, Governance and Evaluation | 26-30% | - Update and adapt strategy based on results and changing conditions - Implement strategic plans and monitor progress - Evaluate strategy effectiveness and outcomes - Manage strategic risks and opportunities |
| Engagement | 15-19% | - Build strategic management capabilities and culture - Manage knowledge and learning across the organization - Facilitate innovation and strategic option development - Align leadership and stakeholders around shared vision and goals |
IASPStrategy Planning Professional Exam Sample Questions:
1. How are key stakeholders identified?
A) Identify organization's highest lifetime value customers
B) Identify the major corporate shareholders
C) Consider the list of the board of directors
D) Consider those who are most affected by and able to affect the outcomes
2. An effective organizational vision describes
A) the organization's desired future state.
B) how the organization will create value for its customers.
C) the organization's purpose.
D) what the organization does.
3. Which of the following are the key considerations when determining which performance measure to apply to a strategic objective?
A) Is linked to financial performance, is requested by the board of directors, gives insight as to what customers are thinking, and is predictive
B) Is valid and verifiable and helps to balance a mix of both leading and lagging performance indicators
C) Compares performance against competitors, communicates a positive message to shareholders, is tracked without creating new processes, and is predictive
D) Is easy to track, reports on outcomes soon after the fact, and is accepted by industry leaders
4. Translating the organization-wide strategic plan down to business units, support units or departments, and then to teams or individuals is known as which of the following?
A) Process mapping
B) Gap analysis
C) Cascading
D) Flow charting
5. Performance management includes comparing an organization's
A) Profit and loss statement against its balance sheet
B) Key performance indicators against its strategic environment
C) Employee satisfaction levels against employee performance reviews
D) Actual results against desired results
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |

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