Assignment:
As you've learned, the control process is essential to the achievement of goals. It allows a business to track their progress, make adjustments, and stay on schedule for what they're trying to achieve. Your chosen goal from the strategic management project needs these same types of controls. This course project assignment will task you with creating a detailed control process for that goal. Think through all of the departments that might be involved in the completion of the goals and how they'll need to be tracked. The course content from this week can be very useful in providing details on strategies and ideas for control processes. Some additional research will also prove useful.
This assignment should be two pages in length and complete the following:
1. Identify four separate strategies that you will use to control your strategic goal.
2. For each strategy:
- Identify which aspect or metric of the goal they're controlling.
- Explain the reasoning and value behind the control choice.
- Identify the control as feed forward, concurrent, or feedback.