Practice Quiz

SPHR Human Resources

Category - Strategy

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Strategic planning is a step-by-step process through which an organization does all of the following except
  1. Ensures its individual and organizational readiness for the future
  2. Generates a statement that articulates what the organization wants to become in the future
  3. Identifies where it wants to be and what it wants to accomplish in the long-term (often 3-5 years)
  4. Begins to map out how its vision and mission for the long-term will be attained
Explanation
Answer - B - The statement that articulates what the organization wants to become is the vision statement. The vision statement should be one important tool used to guide strategic planning, rather than be a product of strategic planning.

Key Takeaway: Options A, C, and D are not the best since each one makes a true statement about strategic planning.
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