Managers desperately need to know when strategies are not working well. Yet no one likes to be evaluated too closely. Review underlying bases of strategy 2. Measure performance and make comparisons 3. Take corrective actions.
Strategy evaluation is essential for all organizations.
Strategy evaluation should be economical and meaningful, should provide a true picture, should provide timely information, should foster mutual trust, should be simple, and should consist of three activities. In the next worksheet, list ten actions that you feel will be needed to effectively monitor progress being made toward achieving the objectives and strategies you have recommended herein. And Monitor Strategies 1.