A common complaint about strategic plans is that, once developed, they tend to be largely forgotten until the next planning cycle. At that time a review is made of the progress to strategic goals. What is needed, however, is a reporting tool that actively tracks progress towards the strategic goals and encourages management and employees to achieve strategic success. Outlines a successful methodology which has been applied in around 20 organizations in Australia and South-east Asia. This methodology encompasses the design of strategic measures, through their timely reporting, utilizing the latest theories to maximize the quality of the information. All of this is achieved using readily available software tools and skills, thus minimizing implementation risk. Gives an example of implementation which clearly illustrates the benefits that can accrue from this methodology.
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1 April 1996
Technical Paper|
April 01 1996
Reporting for strategic control Available to Purchase
Andrew Flitman
Andrew Flitman
Deputy Head, Department of Business Systems, Monash University, Clayton, Victoria, Australia
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Publisher: Emerald Publishing
Online ISSN: 1758-6070
Print ISSN: 0025-1747
© MCB UP Limited
1996
Management Decision (1996) 34 (3): 62–71.
Citation
Flitman A (1996), "Reporting for strategic control ". Management Decision, Vol. 34 No. 3 pp. 62–71, doi: https://doi.org/10.1108/00251749610113695
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