Saturday, February 8, 2014

Components of Organizational Control Systems

Objectives: Measurable reference points (targets) for corrective action 
Standards:Guideposts on the way achieve objectives. Benchmarking: Identifying, studying, and building upon the best practices of organizational role models.

Evaluation-Reward Systems

Goals of System
To measure and reward individual and team contributions to attaining organizational objectives
To shape effort-reward expectancies in order to motivate better performance

Strategic Control

Strategic planning and strategic control go hand in hand. Top-level strategy sets and/or determines objectives through the organization. Control measures of activities and results are translated up the organizational pyramid.
The Performance Pyramid for Strategic Control

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