Implementation and communication of a strategic plan
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Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?
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It is very important to continuously update the implementation and communication of a strategic plan in order to know the progress of the implementation. We say this process as strategic control. It is concerned with the monitoring progress in accomplishing the strategic goals of the organization. It is very critical to any organization, because without it the results could be chaotic. Organizations have to improve their operational performance by proper evaluation and control mechanisms.
http://www.2gc.co.uk/pdf/2GC-FAQP02.pdf
Hence, controlling helps in ensuring the actions are as per desired objectives. As per quickmba, Control consists of the following steps:
1. Define parameters to be measured
2. Define target values for those parameters
3. Perform measurements
4. Compare measured results to ...
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