Exam 10: Communicating the Strategy and Developing Action Plans

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The primary value of the Balanced Scorecard approach is:

(Multiple Choice)
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Discuss what is required for successful implementation of a strategic plan.

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Discuss the need for and the methods used to manage action plans.

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The primary value of the Balanced Scorecard approach is to focus the health care organization on those aspects of its operations that most directly impact the accomplishment of its strategies.

(True/False)
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Which of the following terms does NOT refer to implementation strategies?

(Multiple Choice)
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It is important to have specific milestones in the strategic planning process to provide for all employees, telling them that the process is ongoing and explaining expected timelines for the strategy to be handed over to those who will be responsible for carrying it out.

(True/False)
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Contingency plans are:

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One of the organizational imperatives of strategic planning is that everyone in an organization can be involved in the planning process.

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The difference between the term "business plan" and "action plan" as descriptors of implementation strategies is that business plan is strategic and action plan is tactical.

(True/False)
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Specific milestones in the strategic planning process should be communicated to which of the following groups?

(Multiple Choice)
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Discuss the "broad strokes" of strategy and action plans.

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Objectives should be formulated with the assistance of the individuals who will be responsible for accomplishing the work.

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Because of their involvement in the development of the strategic plan, every employee within the organization knows the underlying issues and assumptions that were used to develop the strategy and the associated goals for the strategic plan.

(True/False)
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Successive layers of management must communicate the overall strategy by doing which of the following?

(Multiple Choice)
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For health care organizations, revenue expectations from plan implementation are more important than cost estimates since the revenues will offset the costs.

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Within an organization, what is the best choice for developing action plans?

(Multiple Choice)
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A critically important responsibility of the health care organization's leadership is to carefully articulate its strategy to the unit managers.

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An effective action plan consists of which of the following elements?

(Multiple Choice)
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Objectives should easily be accomplished.

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