Submitted By:- Submitted By:- Ruchi Shah (50)Ruchi Shah (50)

Submitted To:-Submitted To:- Ms. Rutvi Ms. Rutvi SarangSarang

Business Policy And Strategic Business Policy And Strategic ManagementManagement

Strategic control is concerned with tracking a strategy as it is being implemented, detecting problems or changes in its underlying premises, and making necessary adjustments

Characterized as a form of “steering control”

STRATEGIC MANAGEMENT MODELSTRATEGIC MANAGEMENT MODEL

MISSIONMISSION

EXTERNAL ENVIRONMENTEXTERNAL ENVIRONMENT COMPANY RESOURCECOMPANY RESOURCE

STRATEGIC ANAYSIS AND CHOICESSTRATEGIC ANAYSIS AND CHOICES

LONG TERM OBJECTIVESLONG TERM OBJECTIVES STRATEGIESSTRATEGIES

S/T PLANSS/T PLANS F. TACTICSF. TACTICS POLICIES/SOPPOLICIES/SOP

CHANGE MANAGEMENTCHANGE MANAGEMENT

STRATEGIC CONTROLSTRATEGIC CONTROL

Premise control Strategic surveillance Special alert control Implementation control

Chapter 13 exhibit 1.CLP

Chapter 13 exhibit 2.CLP

Premise control is designed to check systematically and continuously whether the premises on which the strategy is based are still valid

Environmental factors

Industry factors

Strategic surveillance is designed to monitor a broad range of events inside and outside the firm that are likely to affect the course of its strategy

Strategic surveillance must be kept as unfocused as possible

Despite its looseness, strategic surveillance provides an ongoing, broad-based vigilance in all daily operations

A special alert control is the thorough, and often rapid, reconsideration of the firm’s strategy because of a sudden, unexpected event

A drastic event should trigger an immediate and intense reassessment of the firm’s strategy and its current strategic situation

Crisis teams Contingency plans

Strategy implementation takes place as series of steps, programs, investments, and moves that occur over an extended time

Implementation control is designed to assess whether the overall strategy should be changed in light of the results associated with the incremental actions that implement the overall strategy

Monitoring strategic thrusts Milestone reviews