TECHNIQUES OF STRATEGIC EVALUATION AND CONTROL It includes two type of techniques:-
EVALUATION TECHNIQUES FOR STRATEGIC
CONTROL
EVALUATION TECHNIQUES FOR OPERATIONAL
CONTROL Evaluation Techniques for Strategic Control Strategic Momentum Control
These types of evaluation techniques are aimed at
assuring that the assumptions on the basis of which strategies were formulated are still valid and what needs to be done in order to allow the organisation to maintain its existing strategic momentum.
1.Responsibility control centres.
2. The underlying success factors. 3. Generic strategies. Strategic Leap Control
Organizations are required to make strategic leaps
in order to make significant changes when the environment is relatively unstable. It can assist such organizations by helping to define the new strategic requirements and to cope with emerging environmental realities.
1) Strategic issue management.
2) Strategic field analysis. 3) Systems modeling. 4) Scenarios Evaluation Techniques for Operational Control
Internal Analysis
The internal analysis, which consists of the value chain
analysis, quantitative analysis and qualitative analysis, deals with the identification of the strengths and weaknesses of a firm in absolute terms.
Which consist of of historical analysis, industry norms
and benchmarking, compares the performance of a firm with its own past performance or with other firms. 1. Historical analysis 2. Industry norm 3. Benchmarking Comprehensive Analysis
Which includes balanced scorecard and key factor
rating, adopts a total approach rather than focusing on one area of activity or a function of department.
1) The balanced scorecard
2) Key Factor Rating
Special Purpose Techniques
The special purpose techniques are used in
particular situations by some organisations, to assess performance and exercise operational control. These are the network techniques, management by objectives, the parta systems, memorandum of understanding and evaluation studies in NGOs.
1. The Parta System
2. Network Techniques 3. Management By Ojectives 4. Memorandum of understanding