The control process and Executive Summary
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 at least two pages in length and complete the following:
- Identify four separate strategies that you will use to control your strategic goal.
- 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.
Executive Summary. This should be the first page in the final version of your plan. It’s meant to be something that an executive could quickly read in order to get a basic understanding of the overall strategic management plan. Due to its purpose, the executive summary should be a thorough and concise summary clearly depicting the content of the plan. Give an overview of the goal you’re trying to accomplish, any major findings in your research, the reasoning behind the goal, and any major obstacles you foresee. It should be treated as a document ready to be turned into an executive director, board of advisors, investor, etc. Therefore, format and style (presentation) is very important.
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