Implementation of Strategic Plans
Developing a systematic filtering-down process that
facilitates the implementation process and builds middle-manager commitment
requires a company to consider:
— Organizational
structure
— People
— Culture
— Control
systems
Strategic Control
A formal control system should be developed that
helps keep strategic plans on track. Setting up and testing channels for
information on progress, problems, and the fit of strategic assumptions to the
environment. Ultimate goal: Detect and correct downstream problems in order to
keep strategies updated and on target
Corrective Action Based on Evaluation and Feedback
Negative feedback should prompt corrective action at
the step immediately before the problem occurs.
Possible corrective actions include:
— Updating
strategic assumptions
— Reformulating
strategic plans
— Rewriting
policies
— Making
personnel changes
— Modifying
budget allocations
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