Professional Documents
Culture Documents
Strategic planning
Recapitulation : Business strategic planning is the process of deciding on the programs that the organization will undertake and the resources that will be allocated to each program over the next few years.
Input control
Output/performan ce control
Primarly through strategic planning system & capital expenditure approval system
Strategy evaluation control does not necessarily require that all actions are as per the previously determined plan; It, however requires inducing people to act in pursuit of own goals in ways that organizations goals are also met Goal congruence.
Management control hinges on the ability to influence human behaviour towards achievement of a firms strategic objectives, i.e.
Goal congruence
Formal processes
Informal processes
Comprehensive Analysis
Balance score card Key factor rating
Comparative Analysis
Historical analysis Industry analysis Benchmarking
Others
The Parta system PERT CPM MBO MOU