Strategic control is a management practice aimed at overseeing and adjusting the implementation of an organization's strategic plan. It involves two key components: premise control, which assesses and adapts the foundational assumptions of the strategic plan based on changes in the business environment, and implementation control, which monitors the execution of the plan by comparing actual performance against predetermined objectives. By regularly evaluating the alignment between strategic goals and actual outcomes, strategic control enables organizations to make informed adjustments, ensuring that resources are effectively utilized, and the organization remains responsive to evolving internal and external factors, ultimately enhancing the likelihood of achieving long-term objectives.
