Strategic Goal Controlling
Monsanto Company
As youve 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 theyre 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 theyll 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 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 theyre 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 its 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 youll keep up to speed with company progress on your strategic
management goal.