vmartinez

SMART goals are:

SMART goals are:

What happens during strategic planning?

(A) Strategic planning helps you organize your data points used to gauge your company’s performance relative to a goal.
(B) Strategic planning breaks down the long-term goals of the strategic plan into short-term goals and activities.
(C) Strategic planning is a goal-setting system that helps to ensure that efforts are focused on the same important issues throughout the organization.
(D) Strategic planning focuses on long-term goals, which align with your purpose, mission, and vision, and outline the direction of the business in the next three to five years.

What happens during operational planning?

(A) Operational planning breaks down the long-term goals of the strategic plan into short-term goals and activities.
(B) Operational planning focuses on long-term goals, which align with your purpose, mission, and vision, and outline the direction of the business in the next three to five years.
(C) Operational planning is a goal-setting system that helps to ensure that efforts are focused on the same important issues throughout the organization.
(D) Operational planning is the result of a company’s efforts to gather and analyze information about its industry, business environment, competitors, and competitive products and services.

Fill in the blank: Competitive intelligence is ________.

(A) used to identify an organization’s strengths and weaknesses, as well as its opportunities and threats.
(B) the name of the strategy you use to actively slow down and sabotage your competitor’s flywheels.
(C) the result of a company’s efforts to gather and analyze information about its industry, business environment, competitors, and competitive products and services.
(D) a technique used entirely for visualization purposes, to envision the impact of forces and friction on a flywheel.

Fill in the blank: SWOT analysis is ________

(A) a program and strategy you implement to speed up your flywheel.
(B) the result of a company’s efforts to gather and analyze information about its industry, business environment, competitors, and competitive products and services.
(C) a technique used entirely for visualization purposes, to envision the impact of forces and friction on a flywheel.
(D) used to identify an organization’s strengths and weaknesses, opportunities and threats.

Why is having a strong sense of purpose important for a business? Select all that apply.

(A) It will help you and your team navigate uncertainty.
(B) It will help you discover potential risks, redundancies, and/or experience gaps in your strategies.
(C) It will ensure you’re meeting your customers’ needs and help you build off each offer to create a single brand message.
(D) It will help you step into your customer’s shoes and see them as people, not just metrics, so that you can improve the lives of those you serve.