Question: Learning Activity #1 After a Strategic Plan has been developed, approved and implemented, it's progress shouldbe monitored, reviewed and evaluated to determine if the specific

Learning Activity #1

After a Strategic Plan has been developed, approved and implemented, it's progress shouldbe monitored, reviewed and evaluated to determine if the specific strategic objectives are being met.

  1. Describe, in detail, the process of developing a Strategic Plan Review Process for an existing strategic plan a company may already have in place.In your discussion be sure to identify and discuss (with an example) some of the quantitative business metrics and qualitative standards or benchmarks that might be evaluated.
  2. Provide an example of "one hypothetical strategy" and describe how a strategic review process might be conducted to monitor and review that strategy.

Please focus your responses on thevarious tools and methods discussed inthis course as well as other courses you have taken in the Business program. Be sure to use specific examples in your discussion, and reference specific course work that you used.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!