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CIPS L6M9 Exam - Topic 3 Question 29 Discussion

Rayan is the new CFO of an international banking organisation operating in London. He has been invited to a meeting of the top executives regarding corporate strategies and strategic resource planning. He believes that the organisation must be led by the strategy first, with resources then created to meet the requirement. Is this always the case?
D) No - strategies can be created to fit an organisation's resource capabilities
A) Yes - corporate strategy dictates operational strategy and thus resource allocation
B) Yes - resources can only be assembled once objectives have been set
C) No - corporate strategies will not assist in resource planning

CIPS L6M9 Exam - Topic 3 Question 29 Discussion

Actual exam question for CIPS's L6M9 exam
Question #: 29
Topic #: 3
[All L6M9 Questions]

Rayan is the new CFO of an international banking organisation operating in London. He has been invited to a meeting of the top executives regarding corporate strategies and strategic resource planning. He believes that the organisation must be led by the strategy first, with resources then created to meet the requirement. Is this always the case?

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Suggested Answer: D

The question asks if strategy must always come first. The correct answer is no because strategies can also be developed based on available resources. Corporate strategy often influences resource planning, but sometimes an organisation will assess its resources and build a strategy accordingly. (See p. 150)


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