RapidCheck Your Strategy Skills

To check your understanding of strategy skills complete this short quiz!

To check your understanding of strategy skills complete this short quiz!

#1. What is Strategic Thinking? ? Strategic Thinking enables you to view workplace challenges from a broader perspective and anticipate your decisions' on other stakeholders

Strategic Thinking enables you to view workplace challenges from a broader perspective and anticipate your decisions’ on other stakeholders
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#2. Which personal trait is characteristic of strategic thinkers? ? Focus on the future, challenges as opportunities, action learning, rapid strategy into results, strong achievers

Focus on the future, challenges as opportunities, action learning, rapid strategy into results, strong achievers

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#3. What are the two phases of the strategic thinking process? ? Phase One - Setting the Stage: understand business drivers and set measurable business objectives; Phase Two - Apply Strategic Skills: designing business models to create, deliver and capture stakeholder value

Phase One – Setting the Stage: understand business drivers and set measurable business objectives; Phase Two – Apply Strategic Skills: designing business models to create, deliver and capture stakeholder value

#4. How to strategic thinkers continuosly improve their view of the larger ” business ecosystem ” in which they operate? ? Make SWOT analysis and propose strategic actions to meet challenges and capitalize on opportunities rapidly

Make SWOT analysis and propose strategic actions to meet challenges and capitalize on opportunities rapidly

#5. You get the objective: ” Enhance quality to improve company performance!”. How do you respond? ? Ask for clarification: What's the vision, what's the short-term measurable objective, what's the long-term goal

Ask for clarification: What’s the vision, what’s the short-term measurable objective, what’s the long-term goal

#6. Identifying relationships, patterns, and trends is an important strategic thinking skill. Which of the following is an example of this skill in action? ? In the information age, strategic thinkers aim at applying best practices from services industries as e.g. consulting, learning by doing

In the information age, strategic thinkers aim at applying best practices from services industries as e.g. consulting, learning by doing

#7. Creative thinking constitutes an important strategic thinking skill. Which of the following is a valuable outcome of creative thinking? ? Creative thinking is critical for successful strategic thinkers: Creating fresh alternatives, visualizing new possibilities, formulating new processes to create, deliver and capture stakeholder value

Creative thinking is critical for successful strategic thinkers: Creating fresh alternatives, visualizing new possibilities, formulating new processes to create, deliver and capture stakeholder value

#8. Analyzing information is another key strategic thinking skill. Which of the following is an example of how you might apply this skill? ? Building on best practice strategies in your sector and related industries , branded solutions, innovative new strategies as stakeholder value creation, digitalized asset creation and others

Building on best practice strategies in your sector and related industries , branded solutions, innovative new strategies as stakeholder value creation, digitalized asset creation and others

#9. How might a strategic thinker best approach accomplishing a long list of “to do’s” facing him or her at the start of a workday? ? By solving critical issues first, you keep your eye on the big picture. Best strategic thinkers know how to identify and prioritize strategic tasks that will generate the most valuable results for your group

By solving critical issues first, you keep your eye on the big picture. Best strategic thinkers know how to identify and prioritize strategic tasks that will generate the most valuable results for your group

#10. Knowing how make smart trade-offs is a vital strategic thinking skill. Which of the following approaches can help you apply this skill? ? Balance short term strategic actions as e.g. create strategic partnerships with our 10 key customers in 6 months with your long term goal of becoming the global stakeholder leader in your industry within three years

Balance short term strategic actions as e.g. create strategic partnerships with our 10 key customers in 6 months with your long term goal of becoming the global stakeholder leader in your industry within three years

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