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Submitted By:- Ruchi Shah (50) Submitted To:- Ms. Rutvi Sarang Business Policy And Strategic Management.

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Presentation on theme: "Submitted By:- Ruchi Shah (50) Submitted To:- Ms. Rutvi Sarang Business Policy And Strategic Management."— Presentation transcript:

1 Submitted By:- Ruchi Shah (50) Submitted To:- Ms. Rutvi Sarang Business Policy And Strategic Management

2  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”

3 STRATEGIC MANAGEMENT MODEL MISSION EXTERNAL ENVIRONMENT COMPANY RESOURCE STRATEGIC ANAYSIS AND CHOICES LONG TERM OBJECTIVES STRATEGIES S/T PLANS F. TACTICS POLICIES/SOP CHANGE MANAGEMENT STRATEGIC CONTROL

4  Premise control  Strategic surveillance  Special alert control  Implementation control

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7  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

8  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

9  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

10  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

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