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Strategic Management: Module 7: Monitoring and Control

Alan Miller, Michael Boehlje and, Craig Dobbins (2005)

Summary

A strategic plan is useless if there is no way to see if it is taking the business where the farm business manager wants it to go. Evaluating performance is a necessary step to keeping on track. This presentation identifies factors critical to success, defines and compares standards of expected performance, and assesses the need and type of adjustment.