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    Monitoring Strategic Plan

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    1. Why is it necessary to monitor and control strategic plans? Who should be responsible for monitoring and controlling strategic plans? Why? What are the pitfalls of failing to monitor and control strategic plans?

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    Solution Preview

    A strategic plan is a result of the analysis, decisions, and action that the company takes so as to create and sustain competitive advantage. It is used to determine mission, vision, goals, objectives, values, roles and responsibilities of the organization. A strategic plan gives the company a strategic advantage because it ...

    Solution Summary

    This solution details why monitoring strategic plan is important. It also highlights employees who should be in charge of monitoring the plan