Strategic management Essay Example | Topics and Well Written Essays - 1500 words - 5

Strategic management - Essay ExampleRunning an advert for a new start is significant before embarking in the real project. Therefore, vital control measures play a major role. Again, if the implementation is not executed according to plan, the company bequeath not attain its desired goals.Strategic surveillance is essential for observing events in and out of a business that have a high electromotive force of affecting the system. This is done by carrying out market research, utilizing past information, attending business meetings and tracking social networking sites. When a small business is planning to uphold a new project, it is important for it to analyze literature in the relevant field to avoid making the wrong decision (Stephen, Lakhani, Brown & Malmi, 2008). On the another(prenominal) hand, special alert control refers to a thorough and speedy reassessment of a companys strategy following a sudden event. For example, when an investor acquires a companys competitor, it de mands for immediate reassessment of the strategy because the investor could be planning to position the competitor so that it can achieve a competitive advantage. oversight control only predicts on potential risks while special alert control works to correct the predicted occurrence. Implementation control ensures that any established strategy whether meets the expected threshold.Operational control and assessment atomic number 18 essential in every business organization. The operations determine the possible outcome in the end. This message that high operational cost will lead to lesser profits hence the need to incorporate time, budgets and success factors in operations control and evaluation. operations management ensures that proper designing, planning and control of production process is attained so that the business targets are met (Pearce & Robinson, 2011). Budgets are essential in establishing whether the operations are going beyond the manageable levels. Budgets