Deck 6: Strategic Thinking Leaders

Question 1

Strategic thinking is:

A) A mental process of synthesizing and analyzing information.
B) A way to envision strategies and tactics to achieve a goal.
B) A prerequisite to strategic planning.
D) All of the above

Answer 1

D

Question 2

Strategic planning is used to define the tasks and operational activities that must be accomplished to reach an identified goal.

Answer 2

True

Question 3

The following are all elements of strategic thinking except:

A) A systems perspective.
B) A sense of urgency.
C) A sense of opportunity.
D) A sense of time (past, present, and future).

Answer 3

B

Question 4

Thinking and acting strategically in healthcare is important because:

A) It creates strategic literacy.
B) It provides education regarding health reform.
C) The environment around the organization is ever-changing.
D) It eliminates the risk in decision making.

Question 5

Currently, our healthcare system is largely reactive, treating conditions and diseases after they appear.

Question 6

Organizational success is guaranteed with strategic management.

Question 7

Strategic success is likely if:

A) The organization understands the business it's in.
B) Who its customers are.
C) Focuses on best practices
D) All of the above

Question 8

Putting strategic decisions into effect is known as:

A) Strategic planning
B) Strategic formulation
C) Strategic management
D) Strategic implementation

Question 9

The Positioning school of thought is characterized by which process?

A) Conception
B) Formal
C) Analytical
D) Visionary

Question 10

Divestiture of assets in an effort to survive is a strategy known as:

A) Growth
B) Contraction
C) Maintenance
D) None of the above

Question 11

Characteristics of a strategic thinking leader include some of the following except:

A) Understanding your clients/customers
B) Questioning assumptions
C) Internal orientation
D) Penchant for analyzing data

Question 12

Tools that can be used in strategic thinking are:

A) Scenario writing
B) Situation analysis
C) Competitor analysis
D) All of the above

Question 13

Understanding of strategic options more clearly through the use of commercially available tools is known as:

A) Scenario writing
B) Situation analysis
C) Competitor analysis
D) Evaluation of strategic alternatives

Question 14

A TOWS matrix is simply a different way to present the SWOT analysis.

Question 15

Creative thinking requires all of the following except:

A) Drawing on self-inspiration rather than from others.
B) Encouraging collaboration.
C) Promoting an open exchange of ideas.
D) Analyzing data and information that are meaningful