Module 2 Flashcards

(51 cards)

1
Q

What is strategic planning?

A

The process of defining a vision and a direction.

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2
Q

What does strategizing require?

A

Making purposeful and sometimes tough choices.

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3
Q

Why is strategizing important in UX management?

A

It focuses efforts and resources toward identified priorities.

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4
Q

What is a characteristic of strategizing?

A

It is an information-intensive and cognitively demanding activity.

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5
Q

What does ‘evidenced-based thinking’ mean in strategizing?

A

It emphasizes relying on data and rigorous analysis rather than intuition.

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6
Q

What does strategizing require in terms of knowledge?

A

A detailed knowledge of the environment and a holistic view.

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7
Q

What does UX strategy focus on according to Jamie Levy?

A

The intersection of UX design and business strategy.

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8
Q

What does UX strategy demand from UX designers?

A

A more strategic leadership role in solving business problems.

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9
Q

List three lessons from the UX strategy framework.

A
  • Know your context well
  • Contribute to value proposition discussions
  • Encourage user-centered approaches
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10
Q

What are the 3 strategic planning tools?

A
  • SWOT
  • PEST (PESTLE)
  • Business model canvas
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11
Q

What does SWOT stand for in SWOT analysis?

A

Strengths, Weaknesses, Opportunities, and Threats.

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12
Q

What are Strengths in a SWOT analysis?

A

Internal factors that give an organization an advantage over its competitors.

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13
Q

Give examples of Strengths in a business.

A

Financial resources, intellectual property, skilled workforce, strong brand image, proprietary technology.

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14
Q

What are Weaknesses in a SWOT analysis?

A

Internal factors that place an organization at a disadvantage compared to its competitors.

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15
Q

Give examples of Weaknesses in a business.

A

Outdated technology, lack of skilled personnel, poor reputation, limited financial resources.

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16
Q

What are Opportunities in a SWOT analysis?

A

External factors that could help an organization grow or improve its performance.

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17
Q

Give examples of Opportunities in a business environment.

A

New markets, emerging technologies, changing consumer preferences, regulatory changes.

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18
Q

What are Threats in a SWOT analysis?

A

External factors that could harm an organization’s performance.

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19
Q

Give examples of Threats in a business environment.

A

Economic downturns, increased competition, changing regulations, shifts in consumer preferences.

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20
Q

Why is SWOT analysis useful for businesses?

A

It helps organizations identify internal strengths and weaknesses, and external opportunities and threats, to develop effective strategies.

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21
Q

What does PEST stand for in PEST analysis?

A

Political, Economic, Social, and Technological.

22
Q

What does PEST analysis help assess?

A

It provides a structured and formal way to assess external opportunities and threats.

23
Q

How can departments contribute to a PEST analysis in large projects?

A

Different departments can analyze specific PEST areas and gather data for the final SWOT diagram.

24
Q

What are common Political factors in a PEST analysis?

A

Government stability, corruption levels, trade controls, import and export restrictions.

25
What are common Economic factors in a PEST analysis?
Exchange rates, interest rates, income levels of population, wealth distribution.
26
What are common Social factors in a PEST analysis?
Education levels, religious harmony, attitude towards health, social welfare programs.
27
What are common Technological factors in a PEST analysis?
Internet penetration, access to basic infrastructure, software piracy, technology competency of workforce.
28
What are common Legal factors in a PEST analysis?
Tax laws and regulations, labor laws and firing policies, copyright and anti-piracy laws.
29
What are common Environmental factors in a PEST analysis?
Weather patterns, attitude towards recycling, attitude towards organic and green products.
30
Do all PEST factors apply to every organization?
No, relevance depends on the industry. For example, weather is critical for raincoat businesses but not for computer sellers.
31
What is the purpose of the Business Model Canvas?
To provide a visual framework for describing, analyzing, and designing a business model.
32
What are the 9 building blocks of the Business Model Canvas?
Customer Segments, Value Propositions, Channels, Customer Relationships, Revenue Streams, Key Resources, Key Activities, Key Partnerships, and Cost Structure.
33
What does the 'Customer Segments' block define?
The different groups of people or organizations a business aims to serve.
34
What does the 'Value Propositions' block describe?
The bundle of products and services that create value for a specific Customer Segment.
35
What is covered under the 'Channels' block?
How a company delivers its Value Proposition to its Customer Segments.
36
What does the 'Customer Relationships' block detail?
The types of relationships a company establishes with specific Customer Segments.
37
What are 'Revenue Streams' in the Business Model Canvas?
The cash a company generates from each Customer Segment.
38
What are 'Key Resources'?
The most important assets required to make the business model work.
39
What does the 'Key Activities' block define?
The most important things a company must do to make its business model work.
40
What are 'Key Partnerships' in the Business Model Canvas?
The network of suppliers and partners that help the business succeed.
41
What is the 'Cost Structure' in the Business Model Canvas?
All the costs involved in operating the business model.
42
What is the main goal of UX strategy?
To connect UX design more tightly with the business, its business model, and value proposition.
43
At what level does UX strategy primarily recommend strategizing?
At the customer journey level.
44
What is a common artifact produced when strategizing at the product level?
A business case presenting the product’s value proposition in the context of the organization’s business
45
Who is usually responsible for product vision?
Product managers or product owners, though UX managers may also contribute.
46
What model describes the stages of team development?
Bruce Tuckman's model: Forming, Storming, Norming, Performing.
47
What does the 'Forming' stage in Tuckman's model involve?
The team is newly created and members are getting to know one another.
48
What happens during the 'Storming' stage?
Team members may experience conflicts as roles and responsibilities are negotiated.
49
What defines the 'Norming' stage?
Stability begins, and consistent collaborative work starts to emerge.
50
What characterizes the 'Performing' stage?
The team functions effectively and efficiently, almost on autopilot.
51
What are two major components of team-level strategizing?
Assessing the team’s development stage and evaluating skillsets to grow or rebalance them.