Feed-forward control - prevention rather than cure, Strategic Management

Assignment Help:

Q. Feed-forward control - prevention rather than cure?

Feed-forward control would be a system that in a pre-emptive way, reacts to changes in its environment, normally to maintain some kind of desired state.   Feed-forward control systems react to future performance expected e.g. make control adjustments, before adverse conditions expected do occur. 

  • Forecasting ahead and doing something now before the event occurs
  • Examples include cash budgeting or strategic planning
  • Control action would be 'closing the stable door before the horse bolts'

 


Related Discussions:- Feed-forward control - prevention rather than cure

Stock control and depreciation, Write policy guidelines for Heads of Depart...

Write policy guidelines for Heads of Departments on: Cash Flow and Capital Investment Stock Control and Depreciation.

Mclaren Group, How has McLaren overcome the market entry barriers that are ...

How has McLaren overcome the market entry barriers that are present in the mass car market?

Coherent strategy should have four important elements, QUESTION (a) Any ...

QUESTION (a) Any coherent strategy should have four important elements (Saloner al). Write short notes on each of the four elements (b) Modes of Strategic Management are the

Limitations of time study, 1. Unions quite frequently oppose the time ...

1. Unions quite frequently oppose the time study because the accuracy of time study is overly dependent upon the skill and judgment of the time study man. The time

Industrial accident, An industrial accident may be defined as "an occurrenc...

An industrial accident may be defined as "an occurrence. Which interrupts or interferes with the orderly progress or work in an industrial establishment." According to the Facto

Comparison of conventional and jit wisdom, Comparison of Conventional and J...

Comparison of Conventional and JIT Wisdom  JIT philosophy Ideal lot size is 1 Balanced production is best Inventory is wasteful Eliminate waste Handle only so

Technology can drive substitution of products or services by, A) Producing ...

A) Producing new and better products or services B) Substitution of require by a related product or service C) Displacing consumer spending into latest unrelated products and

Functions of a performance measurement system, The functions of a performan...

The functions of a performance measurement system; - Publicise direction for 'everyone to follow' e.g. partners, managers, directors, team members and other stakeholders. -

Importance of external factors affecting the organization, Choose a real li...

Choose a real life company.  This could be an organization from any industry.  No two students should select the similar company.  It could be the organization you are working in o

Technological effects of globalization in an organization, Methodology T...

Methodology The purpose of this research is to gather statistical information and data on how technological affects globalization, and how the trend of globalization is affectin

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd