Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 3 out of 19 pages
Exam (elaborations)

Leadership and Strategy exam with correct answers

Document preview thumbnail
Preview 3 out of 19 pages

Leadership and Strategy exam with correct answers

Content preview

Leadership and Strategy exam with
correct answers
What is the first step in the strategic planning process? - .......🔷ANSWERS🔶......✔✔ The demand
organization develops a strategic plan.



What is an example of an important but NOT urgent activity? - .......🔷ANSWERS🔶......✔✔ Asking
customers about their business problems.



What additional information would be useful in aligning the FM organization's strategy with the demand
organization's objectives based on this balanced scorecard? - .......🔷ANSWERS🔶......✔✔ Additional
information that might be useful includes the organization's mission, vision, values and culture; the
organization's strategic business plan and the facilities register and/or audits.



Evaluate the four perspectives in the example balanced scorecard. What objectives could be created by
FM to support each category? - .......🔷ANSWERS🔶......✔✔ Objectives could be something like this:

Customer perspective: a) Create customer profiles; Provide service excellence; Be a trusted partner

b) Operational perspective: Establish performance metrics; Reduce overall cycle times; Provide rapid
response time

c) People perspective: Hire key technical talent; Increase employee productivity

d) Financial perspective: Broaden revenue mix; Improve operational efficiency



How can success measures be aligned in this example? - .......🔷ANSWERS🔶......✔✔ By creating
measurements that feed into the four perspectives and ensuring the success criteria is specific,
measurable and agreed upon by the stakeholders.



Once FM has determined goals that support the demand organization strategy, how does FM ensure
alignment with the demand organization? - .......🔷ANSWERS🔶......✔✔ FM ensures alignment with the
demand organization by showing the facility strategic plan supports the demand organization's goals and
that the objectives are appropriate.

,What are the consequences of misalignment with the demand organization strategy?
- .......🔷ANSWERS🔶......✔✔ Consequences might be the lack of senior management support, and
unmet needs in customer segments.



What are the benefits of aligning with the demand organization strategy? - .......🔷ANSWERS🔶......✔✔
The benefits are the unity of purpose and a sense of teamwork and enhanced organizational
performance.



What is the first step in the process of aligning the FM strategy to the demand organization's strategy
after assembling various inputs and producing FM mission and vision statements?
- .......🔷ANSWERS🔶......✔✔ Define what constitutes success in the FM strategic planning process.



What is true of a demand organization's mission, vision, values and/or culture?
- .......🔷ANSWERS🔶......✔✔ Understanding and accepting the demand organization's mission helps
guide individual behavior.



Which type of plan creates a gap analysis for an entire portfolio of facilities?
- .......🔷ANSWERS🔶......✔✔ Facility strategic plan



What can be used to rank competing strategic options because each can be rated on how well it reduces
the variance between the actual situation and the desired situation? - .......🔷ANSWERS🔶......✔✔ Gap
Analysis



What are some examples of some external factors that could affect your FM strategy in your
organization? - .......🔷ANSWERS🔶......✔✔ Industry, market, and competitive environment

Cultural and demographic environment

Social, legal, and political environment

Changes in regulations

Economic environment

Technological environment



Which tools help monitor potential threats from outside the FM organization?
- .......🔷ANSWERS🔶......✔✔ SWOT and Risk Analysis

, What is true of proposed changes to FM organizational strategy? - .......🔷ANSWERS🔶......✔✔



Which programming tasks most directly help facility managers factor in budget and human resource
constraints? - .......🔷ANSWERS🔶......✔✔ Prioritizing or ranking requirements



Which principle is supported by research done by Myers-Briggs? - .......🔷ANSWERS🔶......✔✔ Use a
variety of rewards for work efforts.



Which is an example of using leadership influence to enforce compliance with an organizational code of
conduct? - .......🔷ANSWERS🔶......✔✔ Living by a strong personal commitment to ethics.



In general, what is required for intrinsic rewards to be the best rewards for efficiency and effectiveness? -
.......🔷ANSWERS🔶......✔✔ there is a good job-person fit.



Which statement is true about the results of strengths, weaknesses, opportunities, threats (SWOT)
analysis? - .......🔷ANSWERS🔶......✔✔ Opportunities can become threats if poorly managed.



Setting goals and performance objectives are part of which component of the overall management
process? - .......🔷ANSWERS🔶......✔✔ Planning



When facility managers are collecting quantitative data to audit the current FM organizational structure,
what data should facility managers collect? - .......🔷ANSWERS🔶......✔✔ at least two year's worth of
data on quality and timeliness of customer service and project outcomes.



Facility master plans (real estate master plans) fall within which layer of strategic planning?
- .......🔷ANSWERS🔶......✔✔ An element of the facility management organization's strategic plans



What are considered key tools for finding root causes of conflicts? - .......🔷ANSWERS🔶......✔✔
listening and genuinely caring about other people's positions.

Document information

Uploaded on
August 28, 2024
Number of pages
19
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$17.49

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Schoolplug
4.1
(7)
Sold
35
Followers
1
Items
997
Last sold
3 months ago


Reviews from verified buyers

1 year ago

Complete waste of money! The notes are disorganized, full of errors, and seem like the seller made up their own answers. Nothing makes sense or matches the subject properly. Don’t waste your time—these are useless for studying!



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions