Assignment
Learning Activity 1
After a Strategic Plan has been developed, approved and implemented, it needs to be monitored, reviewed and evaluated.
Describe, in detail, the process of developing a strategic review process and provide an example of "one hypothetical strategy" and how the strategic review process might be conducted to monitor an review that strategy.
Learning Activity 2
Strategy Monitoring is the final (and ongoing) aspect of strategic planning. For this learning activity please discuss in detail how managers can effectively:
1. Monitor the strategies that have been formulated, and
2. Respond to strategy performance in light of Corporate Objectives
Please focus your responses on the various tools and methods discussed from this course and from other courses in the Business program. Be sure to use specific examples in your discussion.