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Strategic control & its types
Strategic control involves tracking a strategy during implementation, detecting issues or changes, and making adjustments. It can be seen as a form of "steering control" as investments are made and projects undertaken over time to implement the strategy. There are different types of strategic control, including premise control to continually test assumptions, implementation control to analyze tactics and monitor progress, and strategic surveillance to monitor the strategy and external factors. Special control is also used to respond to unexpected events.
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Introduction to strategic control and its application in tracking and adjusting strategies.
Strategic control is focused on monitoring strategy execution, identifying issues, and modifying the strategy as needed.
Describes strategic control as 'steering control', emphasizing the importance of ongoing investment and action in strategy realization.
Introduction to various types of strategic control including premise control, implementation control, strategic surveillance, and special control.
Premise control involves testing assumptions against environmental and industry factors such as inflation and competition.
Implementation control analyzes tactics, monitors activities, and reviews milestones to ensure strategic alignment.
Special alert control is for responding to unexpected events such as natural disasters impacting strategy.
Strategic surveillance involves ongoing monitoring of the environment and strategy effectiveness.
Concludes the presentation with acknowledgments to the presenters.
Strategic control & its types
- 1. Strategic control &application
- 2. Strategic control isconcerned with tracking a Strategy as it is being implemented, detecting problems or changes in its underlying premises, and making necessary adjustments.
- 3. • The controlof strategy can be characterized as a form of "steering control". • As time lapses between the initial implementation of a strategy and achievement of its intended result, investments are made and numerous projects and actions are undertaken to implement the strategy.
- 4.
- 5. Premise control Inflation Social changes Competitors Suppliers Premise control serves the purpose of continually testing the assumptions to find out whether they are still valid or not. It helps in the strategists to take corrective action at right time. Environmental factor Industry factor
- 6. Analysis oftactics Series of steps Activities, investment Implementation control Milestone reviewMonitoring strategy
- 7. Special alert control Examples-SuddenFall Of Events, Natural Calamities. Unexpected events
- 8.
- 9. Thank you!!! Presented by:- PoojaSingh Smitha Rao Arpit Kalathiya Satish Karpan Karron Manvani