Explain the techniques of strategic evaluation and control
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Strategic management is the process of developing an organization's mission and goals, and then outlining the steps and processes necessary to reach the company goals. Techniques for evaluating the effectiveness of a company's strategy include evaluating internal and external forces that influence strategy execution, measuring company performance and determining appropriate corrective measures
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Techniques of strategic evaluation and control
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Strategic evaluation and control deals with finding how effectively the strategy of the company is implemented and it's impact on the company. there are various techniques of strategic evaluation and control such as-
- Strategic evaluation control can be done through gap analysis where gap between actual performance and desired performance is determined and controlled.
- Implementation control is another technique of strategic evaluation and control where key strategic areas are monitored and taken care of.
- we can also implement premises control technique where again deviation between our planning about our strategy and their actual implementation is checked.
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Techniques of strategic evaluation and control
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