New ISM LEAD Braindumps Pdf & Exam Topics LEAD Pdf

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Exam Topics LEAD Pdf & LEAD Reliable Test Notes

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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	People Development and Coaching: In this section, focus is on nurturing talent and fostering skills growth within the supply management team.
Topic 4	Corporate Social Responsibility and Ethics: This domain covers incorporating ethical and sustainable practices into decision-making and supply chain processes.
Topic 5	Systems Capability and Technology: This domain covers developing talent and expanding skill sets among the supply management group members.

ISM Leadership and Transformation in Supply Management Sample Questions (Q127-Q132):

NEW QUESTION # 127
Over the past year, RST, Inc. has doubled its number of employees and global locations. RST places a strong focus on employee development and continued successful operation of the business. In light of this, the firm wants to review all positions to ensure that talented staff are matched to key roles. Given this situation, which of the following courses of action should the firm pursue FIRST?

A. Validate human resources policies and procedures
B. Conduct an organizational needs and gap analysis
C. Establish mentoring and reverse mentoring programs
D. Extend management development training

Answer: B

Explanation:
* Rapid Growth Context: RST, Inc. has doubled its number of employees and global locations, necessitating a review of positions to ensure the right talent is matched to key roles.
* Organizational Needs and Gap Analysis: This analysis identifies the current capabilities, skills, and competencies within the organization, compares them to the desired future state, and highlights gaps that need to be addressed.
* First Step in Talent Management: Conducting this analysis is a critical first step to understand where the organization stands and what is needed to support its growth and strategic goals effectively.
* Informing HR Policies and Training: The results of the gap analysis will inform the development of HR policies, management training, and other talent development initiatives.
* Reference: Organizational needs and gap analysis is a foundational tool in human resource management and strategic planning, as discussed in resources like "Human Resource Management" by Gary Dessler and guidelines from the Society for Human Resource Management (SHRM).

NEW QUESTION # 128
JKL, Inc. is considering a plan to divest one of its business units. As part of the due diligence process, JKL's supply manager is asked to determine what will have the most immediate impact on supply management when the business unit is divested. Given this situation, which of the following should the supply manager review FIRST?

A. Strategic contracts with assignability provisions
B. Contracts containing tiered discount schedules
C. Blanket purchase orders
D. Take-or-pay agreements

Answer: D

Explanation:
* Immediate Impact: Take-or-pay agreements obligate the company to take delivery of goods/services or pay a penalty. These agreements can have significant financial implications upon divestiture.
* Financial Commitments: Reviewing these agreements first helps understand immediate financial obligations and liabilities that will impact the supply management function.
* Divestiture Process: Identifying and managing these commitments is crucial during the due diligence process to ensure a smooth transition and avoid unexpected costs.
* Reference: Due diligence best practices in supply chain management (e.g., Deloitte and EY reports) emphasize the importance of reviewing binding financial agreements like take-or-pay contracts during divestitures.

NEW QUESTION # 129
A subsidiary of a medical equipment company buys raw materials from suppliers contracted through the central commodity management group, which is located at corporate headquarters. The president of the local woman-owned merchants association contacts the firm's supply manager and asks why the firm does not support the local economy, as some of the raw materials are available from nearby woman-owned suppliers. Which of the following is the BEST way for the supply manager to address this concern?

A. Discuss purchasing social responsibility with supply management staff at headquarters
B. Request authority to contract locally for a portion of the requirements
C. Refer the question to senior management and ask them to contact the association
D. Explain that sourcing policies are set by corporate headquarters

Answer: A

Explanation:
Addressing concerns about local economic support and diversity requires discussing purchasing social responsibility with the supply management staff at headquarters. This approach aligns the company's sourcing practices with broader corporate social responsibility (CSR) goals. By engaging in this discussion, the supply manager can advocate for the inclusion of local, woman-owned suppliers, thereby supporting the local economy and diversity initiatives. This step is proactive and demonstrates the firm's commitment to social responsibility, which can enhance its reputation and community relationships.
Reference:
Carter, C. R., & Jennings, M. M. (2004). The Role of Purchasing in Corporate Social Responsibility: A Structural Equation Analysis. Journal of Business Logistics.
Porter, M. E., & Kramer, M. R. (2006). Strategy and Society: The Link Between Competitive Advantage and Corporate Social Responsibility. Harvard Business Review.

NEW QUESTION # 130
As part of a firm's global cost reduction strategy, a supply manager has been asked to lead a team of purchasing professionals from several different countries. Because of the wide variety of cultures represented on the team, it will be MOST important for the supply manager to

A. implement a cloud-based collaboration tool
B. determine and focus on the need for the team
C. schedule calls at times convenient for all members
D. focus on selecting team members of similar ages

Answer: B

Explanation:
* Cultural Diversity Management: Leading a team with diverse cultural backgrounds requires a focus on common goals and the purpose of the team. This helps unify the team and provides a clear sense of direction.
* Team Purpose and Need: Clearly articulating the need for the team and its objectives ensures that all members, regardless of cultural differences, understand their roles and the importance of their contributions.
* Effective Team Leadership: Focusing on the need for the team helps in overcoming cultural barriers and fosters collaboration, commitment, and a shared sense of purpose.
* Reference: This approach is supported by leadership and team management principles, such as those outlined in "Leading Global Teams" by Harvard Business Review and "Cultural Intelligence: CQ" by David Livermore, which emphasize the importance of a shared mission in managing culturally diverse teams.

NEW QUESTION # 131
An organization wishes to implement principles of world-class logistics management. Which of the following is the MOST appropriate type of goal for integrating such activities?

A. Management
B. Strategic
C. Divisional
D. Functional

Answer: B

Explanation:
Goal Setting in World-Class Logistics Management:
Integrating world-class logistics involves aligning logistics activities with the overall strategic objectives of the organization.
Strategic goals ensure that logistics functions contribute to the broader long-term objectives and competitive positioning of the company.
Types of Goals:
Divisional Goals: Focus on specific divisions, might lack integration with overall company strategy.
Functional Goals: Concern specific functions within logistics, but may not align with broader company strategy.
Management Goals: Directed towards managerial performance and oversight.
Strategic Goals: Encompass company-wide objectives, ensuring all logistics activities support the long-term vision and competitive advantage.
Conclusion: Setting strategic goals ensures that logistics management aligns with the company's overall strategy, driving long-term success and competitiveness.
Reference:
"Strategic Logistics Management" by Donald Bowersox, David Closs, and M. Bixby Cooper Best practices in logistics management from the Council of Supply Chain Management Professionals (CSCMP)

NEW QUESTION # 132
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P.S. Free 2025 ISM LEAD dumps are available on Google Drive shared by Fast2test: https://drive.google.com/open?id=1q5mq4LBdipkqOtpjmGu5Cvq7Kl2lCdNn

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NEW ISM LEAD BRAINDUMPS PDF & EXAM TOPICS LEAD PDF

New ISM LEAD Braindumps Pdf & Exam Topics LEAD Pdf