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ISM LEAD Exam Syllabus Topics:

Topic	Details
Topic 1	Strategy Development: This section covers creating and carrying out long-term supply management plans to meet organisational objectives.
Topic 2	Stakeholder Engagement: The section covers cooperating and communicating effectively with internal and external stakeholders impacted by supply chain choices.
Topic 3	Systems Capability and Technology: This domain covers developing talent and expanding skill sets among the supply management group members.
Topic 4	Risk and Compliance: This domain covers identifying, assessing, and mitigating potential threats while ensuring adherence to regulations in supply management.

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ISM Leadership and Transformation in Supply Management Sample Questions (Q152-Q157):

NEW QUESTION # 152
A new buyer is hired, and over time the department supervisor notices the buyer's writing style is consistently unprofessional. To improve the buyer's written communications, the supervisor edits several of the buyer's memos, and returns them with a note as an example of how company communications should be written. However, this does not result in any changes in the buyer's writing style.
How should the supervisor rate the "written communication" portion of the buyer's performance review?

A. Satisfactory; deficiency addressed and no additional or further review necessary
B. Acceptable; deficiencies addressed, but continual monitoring until annual review
C. Unsatisfactory; performance improvement plan necessary
D. Needs improvement; course on business writing required

Answer: C

Explanation:
* Assessment of current performance: The supervisor's feedback has not resulted in improvement in the buyer's writing style.
* Performance evaluation criteria: Unprofessional writing is a significant issue, especially if the provided feedback has not led to any changes.
* Performance improvement plan: According to performance management principles, an unsatisfactory rating with a performance improvement plan is appropriate when initial corrective actions fail.
* Reference: "Performance Management: Key Strategies and Practical Guidelines" by Michael Armstrong discusses the necessity of performance improvement plans for consistent performance issues.

NEW QUESTION # 153
XYZ is a US firm engaging in work on a project within a country identified as a war zone. The organization must purchase basic necessities such as bottled water for consumption in the office and out in the field. The local supplier of these commodities requires a surcharge for protection of the bottled water when it is delivered to the buying organization's site. Given this situation, which of the following is the BEST course of action for XYZ to take?

A. Refuse to do business with any supplier that does not follow the established standards expected of a buyer-supplier relationship in the United States
B. Acquiesce to the supplier's demand for the surcharge, irrespective of the organization's basic principles embodied in its policies and procedures
C. Report the supplier to the local authorities so the appropriate action can be taken, and notify the United States Embassy of the supplier
D. Adapt as necessary to the environment while maintaining the organization's basic principles embodied in its policies and procedures

Answer: D

Explanation:
In a situation where XYZ is working in a war zone and faces a surcharge from a local supplier for the protection of bottled water, the best course of action is to adapt as necessary to the environment while maintaining the organization's basic principles embodied in its policies and procedures.
Adaptation to Local Conditions: Operating in a war zone requires flexibility and adaptation to local conditions, which might include paying surcharges for safety and security.
Maintaining Principles: While adapting, it is crucial to copyright the organization's core values and principles, ensuring that any actions taken do not compromise ethical standards and policies.
Balancing Risks: This approach balances the practical need to operate effectively in a challenging environment with the importance of maintaining organizational integrity and compliance.
Reference:
Kotter, J.P. (1996). Leading Change. Harvard Business Review Press.
Northouse, P.G. (2019). Leadership: Theory and Practice. Sage Publications.

NEW QUESTION # 154
The staff profile at IHG, Inc., a U.S. company, reveals the following:
Age Range 20-29 30-39 40-49 50-59 60 - over
Male 15 15 15 2 0
Female 1 1 1 0 0
Age Range 20-29 30-39 40-49 50-59 60 - over
Caucasian 10 14 14 2 0
Hispanic 4 1 1 0 0
African American 2 1 1 0 0
Due to expanding operations, IHG has decided to conduct a search for a new junior level purchasing professional. In the past, the company advertised positions on its web site, and while this was successful, it did not yield a very diverse applicant pool.
Which of the following should the company do when seeking applications for this new position?

A. Advertise the position in channels that will encourage female, Hispanic, African American and aged applicants, and ensure the ad states that a minority candidate will be selected for the position
B. Advertise the position in channels that will encourage female, Hispanic, African American and aged applicants, and ensure the criteria are tailored to select the best person for the job
C. Advertise the position in the professional purchasing channels, and ensure that the ad states a minority candidate will be selected for the position
D. Advertise the position through the company website, as this has proven successful in the past, and ensure the criteria are tailored to select the best person for the job

Answer: B

Explanation:
To increase diversity in the applicant pool for a new junior level purchasing professional position, IHG, Inc. should advertise in channels that reach a diverse audience, including females, Hispanics, African Americans, and aged applicants. This approach ensures that the company attracts a broad range of candidates, thereby enhancing diversity. However, it is also crucial to tailor the criteria to select the best person for the job, ensuring that the hiring process remains merit-based and focused on selecting the most qualified candidate. Leadership and transformation management documents underscore the importance of diversity and inclusion in recruitment strategies, while also emphasizing the need for maintaining high standards and fairness in the selection process. Reference from these documents provide best practices for achieving diversity without compromising on the quality of hires.

NEW QUESTION # 155
Members of a cross-functional team have each had a chance to present their ideas. Afterwards, the members discuss these ideas in detail, on occasion arguing and testing one another. After this process is complete, the team can move on to which phase of team formation?

A. Norming
B. Forming
C. Storming
D. Performing

Answer: A

Explanation:
* Team development stages: According to Bruce Tuckman's stages of group development, the stages are forming, storming, norming, and performing.
* Current stage identification: The team has moved past the forming and storming stages, characterized by presenting and debating ideas.
* Next stage - Norming: In the norming stage, team members begin to resolve differences, establish norms, and develop stronger cohesion.
* Reference: Tuckman's theory, detailed in his work "Developmental Sequence in Small Groups," outlines these stages and the progression from storming to norming.

NEW QUESTION # 156
A firm is considering an expansion into a very profitable market. Supporting the production requirements of this potential supply chain will critically hamper current information technology (IT) business resources and capabilities. The company does not wish to miss profit opportunities but is uncertain about the sustainability of the new supply chain, given the market's instability. Which of the following is the BEST approach the company can take in this situation?

A. Consider outsourcing the new supply chain
B. Purchase cloud computing services that bridge the IT capabilities gap
C. Delay the start of operations in the new market until the current IT infrastructure is updated
D. Conduct an assessment and upgrade of the current IT infrastructure

Answer: A

Explanation:
Given the uncertainty about the sustainability of the new supply chain and the potential strain on current IT resources, the best approach is to consider outsourcing the new supply chain. Outsourcing can provide the necessary expertise and infrastructure without overburdening the company's existing IT resources. Leadership and transformation management documents highlight the strategic use of outsourcing to manage risks and leverage external capabilities. This approach allows the firm to capitalize on the profitable market opportunity while mitigating the risks associated with market instability and IT resource constraints. Reference also point to the importance of flexibility and adaptability in supply chain management, which can be achieved through strategic partnerships with third-party providers.

NEW QUESTION # 157
......

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REASONABLE LEAD EXAM PRICE | LEAD TEST SIMULATOR

Reasonable LEAD Exam Price | LEAD Test Simulator