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Strategy Evaluation - Coggle Diagram
Strategy Evaluation
Re-planning
is required
Strategic plans must be made and reviewed at least twice a year. They must be feasible; This means that detailed objectives, strategies and plans must be realistic for the effective achievement of the proposed goals.
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Times and movements
is when
Managers should try to develop a planning system that is as effective as possible. Good strategic planning and good direction go hand in hand. Improper planning not only results in wrong decisions, but wastes time and effort on the part of managers and staff.
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Managers do not formulate specific goals, their subordinates can relax and set lower productivity levels.
reports
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this
As part of a budget as a key element of planning. The budget system should be part of a company-wide planning program.
Feedback
consists
To repair again all the points seen previously and make an analysis of what we had in the beginning and with what we are currently counting on.
and to feed back
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Goals should focus on important areas of organizational needs; They must be expressed in terms that are clear and operative. Individuals must believe that the goals are reasonable.