UofP - MBA590 - Summary - Week Four - 01-13-06

UofP - MBA590 - Summary - Week Four - 01-13-06 - MBA 590...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
MBA 590 Week 4 Summary This week renewed our level understanding of strategic and operational control coupled with several methodologies that embrace strategic and operating controls. Below, I shall provide an overview from our text and further research. Strategic Control Through our text, work experience, and research, I can fully describe strategic control as a control used to track and respond to progress towards strategic goals. In other words, strategic control is concerned with monitoring and controlling strategic activities implementation with a partial focus of related management (or operational) controls systems. The four types of strategic controls include: Premise Control – Designed to check systematically and continuously whether premises on which the strategy is based are still valid. Strategic Surveillance – Designed to monitor a broad range of events inside and outside the firm that are likely to affect the course of its strategy. Special Alert Control – Thorough, and often rapid, reconsideration of the firm’s strategy because of a sudden, unexpected event. Implementation Control – 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. Differences include: Premise Control – Uses both environmental and industry factors but does not use strategy-specific or company-specific factors.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Strategic Surveillance – Seldom uses environmental and industry factors but does use strategy-specific or company- specific factors. Special Alert Control – Uses both environmental and industry factors but seldom uses strategy-specific or company-specific factors. Implementation Control – Uses environmental, industry and strategy-specific factors but seldom uses company-specific factors. Operating Control
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/19/2011 for the course STATEGIC O 590 taught by Professor Smith during the Spring '11 term at University of Phoenix.

Page1 / 5

UofP - MBA590 - Summary - Week Four - 01-13-06 - MBA 590...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online