Refers to the monitoring of a strategy during its execution to detect problems. validate assumptions, and make adjustments as needed.
Strategic Control
TYPES OF STRATEGIC CONTROL ACCORDING TO PURPOSE
This type of control examines the assumptions (presuppositions) on which the strategy is based. Since strategies rely on forecasts about markets, competitors, technology, and resources, presupposition control ensures these assumptions remain valid
Presupposition Control
TYPES OF STRATEGIC CONTROL ACCORDING TO PURPOSE
is applied to evaluate whether the intermediate strategies are consistent with the overall strategy. In many instances, a strategy consists of small activities that complement each other and lead to the ultimate attainment of the mother strategy. In cases when these transitional activities become misaligned for one reason or another, then there is a need to review the reasons for such occurrence
Implementation Control
TYPES OF STRATEGIC CONTROL ACCORDING TO PURPOSE
is a monitoring system with a broad range of occurrences inside and outside the organization that threatens the implementation of an organization’s strategy. Surveillance means shadowing, observing, and scrutinizing the milieu (carefully examining the environment or situation around the organization). It demands constant awareness, consciousness, and knowledge of how the implementation of the strategy/strategies is faring.
Strategic Surveillance
TYPES OF STRATEGIC CONTROL ACCORDING TO PURPOSE
s a special type of strategic control that is applied when immediate reconsideration of an organization’s strategy/strategies is pursued. This is called for when unusual events happen and there is no choice but for the organization to attend to it and do the corresponding changes.
Vigilance Control
TYPES OF STRATEGIC CONTROL ACCORDING TO APPROACH
A step-by-step process where strategy is carried out in a series of stages.
The organization does not move to the next step until the current step has been fully evaluated and corrected.
Sequential Strategic Control
TYPES OF STRATEGIC CONTROL ACCORDING TO APPROACH
A type of control where managers and employees continuously communicate, share information, and make real-time adjustments to a strategy while it is still being implemented.
Interactive Strategic Control
TYPES OF STRATEGIC CONTROL ACCORDING TO APPROACH
A type of control that evaluates results after strategy implementation. It focuses on comparing actual performance vs. expected performance.
Feedback Strategic Control
are analytical tools that compare two or more figures from a company’s financial statements to evaluate its performance, stability, and overall financial health. They help transform raw financial data into meaningful insights.
Financial Ratios
is a financial metric used to measure a company’s ability to pay it’s short-term debts using it’s current asset. It assesses how easily a company can convert it’s assets into cash to cover obligations due within one year.
Liquidity Ratio
is a financial metric used to measure a company’s ability to generate income relative to it’s revenue, assets, operating costs, and equity. These ratios show how efficiently a business converts its activities into profit and can be used to compare performance against competitors or previous periods. Common profitability ratios include the gross profit margin, net profit margin, return on assets, and return on equity.
Profitability Ratio
are financial metrics that measure how well a company uses its assets and manages its operations to generate revenue. They show how efficiently a business turns resources like inventory, receivables, and fixed assets into sales or cash.
Efficiency ratios
is a financial metric used to measure how much a company uses debt to finance its assets. It shows the relationship between a company’s liabilities and equity, helping assess financial risk and long-term stability.
Leverage Ratio
is a financial metric used to evaluate a company from an investor’s point of view. It measures the value created per share and helps determine if the business is profitable and attractive in the market.
Market Value Ratio
