Transcription of Strategy Review, Evaluation, and Control
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Strategy Review, Evaluation, and Control
Strategy Review, evaluation , and Control Chapter Nine Chapter Objectives a practical framework for evaluating strategies. why Strategy evaluation is complex, sensitive, and yet essential for organizational success. the importance of contingency planning in Strategy evaluation . the role of auditing in Strategy evaluation . the Balanced Scorecard. three twenty-first-century challenges in strategic management. 9-2 Copyright 2013 Pearson Education, Inc. publishing as Prentice Hall A Comprehensive Strategic-Management Model 9-3 Copyright 2013 Pearson Education, Inc. publishing as Prentice Hall The Nature of Strategy evaluation Strategy evaluation includes three basic activities: the underlying bases of a firm s Strategy expected results with actual results corrective actions to ensure that performance conforms to plans 9-4 Copyright 2013 Pearson Education, Inc.
Explain why strategy evaluation is complex, sensitive, and yet essential for organizational success. 3. Discuss the importance of contingency planning in strategy evaluation. 4. Discuss the role of auditing in strategy evaluation. 5. Discuss the Balanced Scorecard. 6. Discuss three twenty-first-century challenges in strategic management. 9-2
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