MUST BE ORIGINAL. Respond the weekly discussion question
MUST BE ORIGINAL. Respond the weekly discussion question. Thank you. BIg
Learning Activity 1:
View Strategy and Evaluation and Control video. Identify and evaluate at least three (3) strategic risks (emphasis added) germane to the industry your previous or current organization operates that may manifest and effect its strategy.
Please review the vide before you start the Learning Activity 1.
https://www.youtube.com/watch?v=NfKLoGZiR4s
Learning Activity 2:
The Aforementioned video outlines six (6) guidelines for proper strategy control; to wit:
1. Controls should only include the minimum amount of information,
2. Controls should only monitor meaningful activities and results,
3. Controls should be timely,
4. Mix of short-term and long-term results,
5. Controls to pin-point exceptions, and
6. Emphasize rewards for meeting or exceeding standards.
Discuss how each guideline is operationalized in your previous or current organization.