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IASP SPP Practice Q&A's

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IASP SPP Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Strategy Formulation24-28%- Define organizational mission, vision, values and strategic direction
- Evaluate and select strategic alternatives
- Develop strategic objectives and initiatives
- Assess internal and external environment
Topic 2: Preparation for Strategy Transformation27-31%- Establish performance measurement systems
- Design organizational structure and governance to support strategy
- Align resources, capabilities and processes
- Plan change management and communication
Topic 3: Engagement15-19%- Manage knowledge and learning across the organization
- Facilitate innovation and strategic option development
- Align leadership and stakeholders around shared vision and goals
- Build strategic management capabilities and culture
Topic 4: Strategy Execution, Governance and Evaluation26-30%- Implement strategic plans and monitor progress
- Manage strategic risks and opportunities
- Evaluate strategy effectiveness and outcomes
- Update and adapt strategy based on results and changing conditions

IASPStrategy Planning Professional Exam Sample Questions:

Question #1

Once integrity is lost, how can it BEST be regained?

  • A. Through repentance and acknowledgement of errors
  • B. By apologizing
  • C. It can never be regained
  • D. Through consistent, honest actions over time
Answer: D

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Question #2

True or False: Middle managers are exclusively responsible for the development of scenarios to influence the organization's strategic direction.

  • A. True
  • B. False
Answer: B

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Question #3

Factors to consider in defining an organization's strategy and business model include all of the following EXCEPT:

  • A. Market assumptions
  • B. Customer segments and relationships
  • C. The company's value proposition
  • D. The public image of the company in the media
Answer: D

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Question #4

One of the MOST important methods to ensure that a strategic plan is executed is to

  • A. track and report progress rigorously.
  • B. communicate the updated strategic plan with all employees.
  • C. monitor through a support team.
  • D. conduct a regular environmental scan.
Answer: A

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Question #5

Which of the following are the key considerations when determining which performance measure to apply to a strategic objective?

  • A. Is valid and verifiable and helps to balance a mix of both leading and lagging performance indicators
  • B. Is linked to financial performance, is requested by the board of directors, gives insight as to what customers are thinking, and is predictive
  • 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
Answer: A

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