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CEPA Term Session 3-Questions and Answers 100% Correct
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CEPA Term Session 3-Questions and Answers 100% Correct
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CEPA Term Session 3-Questions and Answers 100%Correct
When it comes to developing personal goals, what does the acronym S.T.E.P. stand for?
Correct Ans-Spiritual, Things, Experiences, People
Personal success areas Correct Ans-Family and friends
Self Worth
Philanthropy
Health
Fun
S.T.E.P (Spiritual, Things, Experiences, People)
Financial success areas Correct Ans-Need vs. want
Risk
Income
Personal Wealth
Retirement security
Business success areas Correct Ans-Clarity of direction
Value factors
Salability
Viability
, CEPA Term Session 3-Questions and Answers 100%
Correct
Predictability
What are the benefits of a start-stop workshop? Correct Ans-- Let's us get a deeper look
into the company culture (or the culture of the family behind the business).
- A start-stop workshop is useful to determine inside versus outside reality
- A start-stop workshop can help you understand informal politics and leadership in the
company
- A start-stop workshop determines what things you do well from a customer standpoint
What are the 7 Action Plan workshops? Correct Ans-1. Envisioning - Owner (upper
management/key family)
2. Team Education
3. Strategic Framework I (3 - 10 years) (management/family/champions)
4. Strategic Framework II (1-Year, 90-Day Big Rocks)
5.Team Alignment (details/milestones/resources)
6.Key Performance Metrics (dashboard design)
7.Rhythm (communication protocols)
What are some basic features of a bonus "Start-Stop" workshop Correct Ans-- Done with
middle management, these are the folks who will impacted greatly by the changes made
going forward as determined in the Prepare stage. Allows them input into the process.
- 2-3 hours like normal
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