Title: Management Planning and Control Systems AKADMS 4570 3'0 A
1Management Planning and Control SystemsADMS 4570
Control for Strategy Implementation
- Select control tools for each case
- Design and implement controls
- Achieve profit goals and strategies
2Basic Manager Knowledge required
- Know how to diagnose if there is any problem.
- Know the range of tools available for any
problems.
- Know how to apply the control tools to ensure
the achievement of strategic goals.
3How to diagnose a problem Strategy
- Intended strategy budgets and plans
- diagnostic controls
- Emergent strategy spontaneous reactions
- interactive controls
- Realized strategy outcome of both
- boundary controls
4Tools Available
Risks to be avoided (boundaries) Limits to the
strategic domain
Core Values (beliefs) Mission Philosophy
Business Strategy
Critical Performance Variables (diagnostic)
Targets and outputs
Screening of strategic uncertainties
(interactive) Dialogue on performance measures
5Model Levers of Control
- Used together (complementary nature)
- Balance opportunistic innovation and predictable
goal achievement.
- Stimulate and control profitable growth
6How to apply the control tools
Lever Strategy Communicate Assets
Function of control Belief Perspective
Vision Core values Grand
purpose Boundary Position Strategic
Risks to avoid Limit freedom
domain Diagnostic Plan Plan
and Critical perfor- Implement
goals
mance variables strategy Interactiv
e Pattern Strategic
Strategic Emergent of
action uncertainties uncertainties
strategy
7When to use each control tool
- Start-up Internal controls and diagnostic
- controls.
- Rapid Growth boundaries for personal behavior
- strategic boundaries and belief controls
- Maturity Interactive controls
8Purpose Manage Tension (trade offs)
- Profit, growth and control
- Intended and emergent strategies
- Unlimited opportunities and limited attention
- Self-interest and the desire to contribute
9Management Planning and Control SystemsADMS 4570
Take a 10 minutes break. Get ready to discuss
the case of ATH Technologies Inc. Making the
Numbers