Tuesday, June 18, 2019
Controlling Strategic Plans Research Paper Example | Topics and Well Written Essays - 250 words
Controlling Strategic Plans - Research Paper ExampleThe research paper Controlling Strategic Plans discusses why it is necessary to monitor and control condition strategic stick outs and who should be responsible for this. When the ecesis deviates from the set goal, monitoring and controlling activities help it bring back on track. Moreover, any lacunae in the intend process can be identified only when proper monitoring process is in place. Needless to say that the controlling activities or corrective actions atomic number 18 possible only through proper monitoring of the implementation of the strategic plan and the results. While developing a strategic plan is important for an organization, it is every bit necessary to implement them effectively. Monitoring and controlling activities are essential parts of an implementation program of the strategic plan. Monitoring the plan periodically means ensuring that the plan is progressing ahead in the right direction to fulfill the goal s that the organization has earmarked. Monitoring and controlling exercise should be done by the top person of the organization such as Managing Director or Chief Executive Officer who is responsible for implementing the strategic plan because then it be surveils possible for him or her to identify the shortfalls in the strategic plan and take remedial measures. Failing to monitor and control strategic plans will result into non-achievement of the strategic objectives. Deviations in outcomes are bound to come but that is the monitoring and controlling activities that help update the strategic plan time to time.
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