Making the Right Strategic Decision

Evaluation

Strategy evaluation is the assessment process that provides executives and managers performance information showing the effectiveness of a given strategy in achieving organizational objectives. Based on the results, appropriate actions should be taken. Strategy evaluation helps answer critical questions about whether the strategy is guiding the organization toward its intended objectives, whether managers are doing what ought to be done, whether strategy needs to change, how the organization is performing, whether schedules are adhered to, whether resources are utilized properly, and what needs to be done to ensure objectives are met. Strategy Gate helps identify the root causes of performance results to decide whether to change the strategy, reformulate the current strategy, change the strategy plan, or continue executing the plan.

• Is the strategy guiding the organization towards its intended objectives?
• Are managers doing things which ought to be done?
• Is there a need to change and reformulate the strategy?
• How is the organization performing?
• Are time schedules being adhered to?
• Are resources being utilized properly?
• What needs to be done to ensure that resources are utilized properly and objectives met?

Decision Taking

Corrective actions are not necessary if there are no significant differences between the planned result and the actual results. In such situations, managers continue the current course of action and take corrective actions only when significant deviations exist. Strategy Gate helps your organization take decisions for action based on the nature of the deviation and the causes of such deviation. It may be necessary to make changes in objectives, the strategy itself, organization structure, human resources deployed on strategy implementation, policies, resource allocation, reward systems, and more.