Question

Briefly explain what is meant by strategic evaluation process and strategic control process

Answer 1

Strategic evaluation process and strategic control process

Explanation:

• The process of determining the success of a given strategy in accomplishing organisational objectives and taking corrective action
• When necessary is known as strategic assessment and control. Strategic control examines two issues:
• Whether the strategy is being executed as intended;  
• The strategy's outcomes are the ones that were intended.
• “Strategic control” is defined as “the critical assessment of plans, activities, and results in order to provide knowledge for future action.”
• Premise control, implementation control, strategic surveillance, and special alert control are the four types of strategic control.
• Operational control systems are designed to ensure that everyday actions are carried out in accordance with established plans and objectives.
• It focuses on incidents that occurred recently.
• The needs of the management control system are used to create operational control systems.Corrective action is conducted when performance falls short of expectations.
• This action could include things like training, motivation, leadership, discipline, or termination.