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IASP SPP Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Engagement | 15-19% | - Manage knowledge and learning across the organization - Build strategic management capabilities and culture - Facilitate innovation and strategic option development - Align leadership and stakeholders around shared vision and goals |
| Topic 2: Strategy Execution, Governance and Evaluation | 26-30% | - Implement strategic plans and monitor progress - Evaluate strategy effectiveness and outcomes - Manage strategic risks and opportunities - Update and adapt strategy based on results and changing conditions |
| Topic 3: Preparation for Strategy Transformation | 27-31% | - Establish performance measurement systems - Design organizational structure and governance to support strategy - Plan change management and communication - Align resources, capabilities and processes |
| Topic 4: Strategy Formulation | 24-28% | - Evaluate and select strategic alternatives - Define organizational mission, vision, values and strategic direction - Develop strategic objectives and initiatives - Assess internal and external environment |
IASPStrategy Planning Professional Exam Sample Questions:
Which of the following is a characteristic of core competencies?
- A. Cannot be developed or changed
- B. Require significant investment
- C. Form the basis for activities that create and build value
- D. Are common across an industrial segment
Correct Answer: C 🗳️
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Which of the following are the key considerations when determining which performance measure to apply to a strategic objective?
- A. Is easy to track, reports on outcomes soon after the fact, and is accepted by industry leaders
- 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. Is valid and verifiable and helps to balance a mix of both leading and lagging performance indicators
- D. Compares performance against competitors, communicates a positive message to shareholders, is tracked without creating new processes, and is predictive
Correct Answer: C 🗳️
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Which of the following should be done FIRST in developing a strategic plan?
- A. Develop performance measures
- B. Conduct a broad environmental scan
- C. Complete an enterprise-wide strategy map
- D. Identify action plans
Correct Answer: B 🗳️
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Which of the following is NOT a benefit of portfolio planning?
- A. Decentralizes control strategy
- B. Provides framework that can be adapted to each organization's needs
- C. Gives organization-wide visibility concerning strategic performance
- D. Yields higher-quality strategies
Correct Answer: A 🗳️
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Which of the following is the MOST critical responsibility of the board of directors before approving a strategic plan?
- A. Participate in effective debate on the operating plan
- B. Provide solid strategic alternatives
- C. Ensure alignment of talent with the plan
- D. Ask perceptive and insightful questions
Correct Answer: D 🗳️
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