ASSESSING YOUR STRATEGIC THINKING

Evaluate your ability to think strategically by responding to the following statements, marking the option closest to your experience. Be as honest as you can: if your an swer is never, circle option1, if it is always, circle option 4

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31.

I know what my plan is for the next two year I have the necessary background information to make decision I talk to people involved in my strategy about their roles and responsibilities. I discuss my strategy with tall the people involved I hold team planning meetings regularly. I am confident that I am ahead of the competition. I am able to accurately predict my customers requirements. I know how to get the best from new technology. I can state my customers up-to date buying criteria. I know the contents of my competitors web sites. I regularly discuss internal business processes with my term. I use SWOT analysis on an everyday basis. I understand my up-to date competitive advantage. I consult with other team leaders on strategy. I discuss changes to my strategy with my customer and suppliers. I use a business case template to check that new ideas fit with my strategy. I ensure that my team members know the criteria for adopting new ideas. I ensure that my teams always operate within the strategy. I have drawn up appropriate priorities for product markets. I put resources into new markets with potential but little short-term profit I know what my costs are against budget. I know what my actual sales are against target. I know exactly where my team needs to improve on its skills. I ensure that team members take change projects seriously. I have a documented and up-to-date strategic plan I know what the threats are to achieving my objectives. I see that everyone who needs to know about mu strategy is kept informed. I know that my team members see their targets as treasonable but stretching. I review and update mu plan on a regular basis. I adopt companywide standards when producing my reports. I require only those who need to be present to remain in review meetings. 32. I ensure that my own strategy fits in with the strategies of my collection.