IASP Strategy Planning Professional (SPP) Certification Level I SPP New Questions

Key stakeholders are identified by consideringthose individuals or groups who are most affected by and have the ability to influence the outcomes of a project or strategic initiative. This broad perspective ensures inclusion of all critical parties, internal or external, that can impact success or failure. The IASP SPP curriculum emphasizes the importance of comprehensive stakeholder analysis for effective engagement, risk mitigation, and support. Limiting focus to boards, customers, or shareholders alone misses other important influencers such as employees, partners, or regulators.【IASP SPP Study Guide - Stakeholder Analysis】【Freeman, Strategic Management】

Thefirst and most critical stepwhen initiating organizational change is tocommunicate clearly why the change is necessary. This step establishes urgency, aligns understanding, and prepares the organization emotionally and cognitively for transition. The IASP SPP curriculum, aligning with Kotter’s change model, emphasizes that clear communication of the rationale reduces resistance and mobilizes stakeholders toward shared objectives. Other activities like interviews or analyses come after establishing a compelling case for change.【IASP SPP Study Guide - Change Management】【Kotter, Leading Change】

Strategy is multifaceted andcan have different interpretations and applications at various organizational levels, from corporate to business unit to operational. The IASP SPP curriculum highlights that strategic goals and approaches may differ by level while aligning with overall mission and vision. Strategy is not a simple restatement of mission nor uniformly defined, but contextual and adaptive across the organization.【IASP SPP Study Guide - Strategy】【Mintzberg, The Rise and Fall of Strategic Planning】

Core competencies areunique capabilities that form the foundation for value-creating activitiesand competitive advantage. They differentiate the organization and enable strategic positioning. The IASP SPP curriculum emphasizes that core competencies are dynamic and can be developed or enhanced, unlike generic industry capabilities. Recognizing and leveraging core competencies is essential for sustainable strategy formulation.【IASP SPP Study Guide - Core Competencies】【Prahalad & Hamel, The Core Competence of the Corporation】