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    CT - 1 SM Assignment Shilpi Jain

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    Sáas Jain
    Strategic evaluation is the final phase of the strategic management process where managers evaluate whether the strategic choices are properly implemented and meeting organizational objectives. Managers review performance related to strategy implementation, identify any deviations from the chosen strategy, and take corrective actions. Strategic evaluation determines the effectiveness of a strategy in achieving goals and involves examining strategy bases, comparing actual and expected results, and taking remedial actions. It helps ensure strategic and implementation validity, identifies impacts, and modifies strategies to keep the organization on track towards its objectives.

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    CT - 1 SM Assignment Shilpi Jain

    Uploaded by

    Sáas Jain
    41 views6 pages
    Strategic evaluation is the final phase of the strategic management process where managers evaluate whether the strategic choices are properly implemented and meeting organizational objectives. Managers review performance related to strategy implementation, identify any deviations from the chosen strategy, and take corrective actions. Strategic evaluation determines the effectiveness of a strategy in achieving goals and involves examining strategy bases, comparing actual and expected results, and taking remedial actions. It helps ensure strategic and implementation validity, identifies impacts, and modifies strategies to keep the organization on track towards its objectives.

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    Strategic evaluation is the final phase of the strategic management process where managers evaluate whether the strategic choices are properly implemented and meeting organizational objectives. Managers review performance related to strategy implementation, identify any deviations from the chosen strategy, and take corrective actions. Strategic evaluation determines the effectiveness of a strategy in achieving goals and involves examining strategy bases, comparing actual and expected results, and taking remedial actions. It helps ensure strategic and implementation validity, identifies impacts, and modifies strategies to keep the organization on track towards its objectives.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    41 views6 pages

    CT - 1 SM Assignment Shilpi Jain

    Uploaded by

    Sáas Jain
    Strategic evaluation is the final phase of the strategic management process where managers evaluate whether the strategic choices are properly implemented and meeting organizational objectives. Managers review performance related to strategy implementation, identify any deviations from the chosen strategy, and take corrective actions. Strategic evaluation determines the effectiveness of a strategy in achieving goals and involves examining strategy bases, comparing actual and expected results, and taking remedial actions. It helps ensure strategic and implementation validity, identifies impacts, and modifies strategies to keep the organization on track towards its objectives.

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    of 6

    IMPORTANCE AND NATURE OF

    STRATEGIC EVALUATION

    By :
    Shilpi jain
    TMG1802017
    STRATEGIC EVALUATION
    Strategy evaluation is the last phase of the strategic
    management process in which managers try to assure
    that the strategic choice is properly implemented and is
    meeting the objectives of the organization.

    In fact, in strategy evaluation, managers review or


    appraise the progress in the performance related to
    strategy implementation, try to find out any deviations of
    actual performance from the chosen strategy that has
    been put into action, and then take appropriate actions
    for making the strategy work.
    Strategic Evaluation is defined as the process of determining the
    effectiveness of a given strategy in achieving the organizational
    objectives and taking corrective action wherever required.

     Strategy evaluation is the final step of strategy management


    process.
    The key strategy evaluation activities are:
    1. Examining the underlying bases of a firm's taking strategies.
    2. Comparing actual results with expected results
    3. Taking remedial actions
    Evaluation makes sure that the organizational
    strategy as well as it's implementation meets the organizational
    objectives.
    IMPORTANCE OF STRATEGIC
    EVALUATION
     Strategy Evaluation helps to keep a check on the validity of
    a strategic choice.
     Determine worth or value of project of project

     Increase the effectiveness management and administration

     Identify impacts attributable to the project

     Measure cost effectiveness

     Redesign an ongoing or shape a new one

     Satisfy accountability requirements of stakeholders


    particularly sponsors
     To modify the present strategies .
    NATURE OF STRATEGY EVALUATION:

     Nature of the strategic evaluation and control process is to


    test the effectiveness of strategy.
     During the strategic management process, the strategists
    formulate the strategy to achieve a set of objectives and
    then implement the strategy.
     There has to be a way of finding out whether the strategy
    being its intended implemented will guide the organisation
    towards objectives.
     Strategic evaluation and control, therefore, performs the
    crucial task of keeping the organisation on the right track.
     It is process of information gathering and decision making
    THANK YOU

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