The company that I choose is AT&T
As you’ve learned this week, the control process is essential to the
achievement of goals. It allows a business to track their progress, make
adjustments, and stay on schedule for what they’re trying to achieve.
Your chosen goal from the strategic management project needs these same
types of controls. This course project assignment will task you with
creating a detailed control process for that goal. Think through all of
the departments that might be involved in the completion of the goals
and how they’ll need to be tracked. The course content from this week
can be very useful in providing details on strategies and ideas for
control processes. Some additional research will also prove useful. This
assignment should be at least two pages in length and complete the following:
- Identify four separate strategies that you will use to control your strategic goal.
- For each strategy:
- Identify which aspect or metric of the goal they’re controlling.
- Explain the reasoning and value behind the control choice.
- Identify the control as feed forward, concurrent, or feedback.
As an example, if my goal is to “decrease the amount of defective
parts made on my assembly line by 5%”, I could control it through
regular maintenance checks (feed forward), thorough employee training on
the machines (feed forward), and a software system that monitors
production while it’s happening and can print off detailed reports after
work is completed (concurrent and feedback). You will need to go into
much more detail on the structure, process, and purpose of your control
methods, but this should give you a good idea of how to complete this
assignment. Really think through how you’ll keep up to speed with
company progress on your strategic management goal.
Before you submit the final version of your Strategic Management Plan,
the last piece you need to create is an Executive Summary. This should
be the first page in the final version of your plan. It’s meant to be
something that an executive could quickly read in order to get a basic
understanding of the overall strategic management plan. Due to its
purpose, the executive summary should be a thorough and concise summary
clearly depicting the content of the plan. Give an overview of the goal
you’re trying to accomplish, any major findings in your research, the
reasoning behind the goal, and any major obstacles you foresee. It
should be treated as a document ready to be turned into an executive
director, board of advisors, investor, etc. Therefore, format and style
(presentation) is very important.
APA format
File is attached to help.
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