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

Groups and teams, groups and or teams will solve all the effectiveness and ...

groups and or teams will solve all the effectiveness and efficiency challenges facing the 21st century organisation

astro line, (A) What is the optimal solution, i.e., how many units of e...

(A) What is the optimal solution, i.e., how many units of every watch should be formed to maximize daily profits and how much daily profit will the company create? (B) How m

Dynamics of 9 C''s in triple triangle framework, describe triple triangle f...

describe triple triangle framework

Maintaining the strategic plan, A good strategic plan is a dominant motivat...

A good strategic plan is a dominant motivator for change and usual progress updates are crucial to maintain that momentum. The next steps then are to regularly ensure in on progres

Why a strategic plan, Most executives are related with business planning. A...

Most executives are related with business planning. A business plan is typically written every year and includes things like a marketing plan, cash flow projections, a mission stat

Perform external and internal audits, Perform external and internal audits ...

Perform external and internal audits Follow the strategic development content then Aldi can perform external and internal audits. In external audit is considered an important

Explain different aspects of term organisation culture, Question 1: (i)...

Question 1: (i) Explain the different aspects of the term ‘Organisation Culture'? (ii) Examine critically and discuss the importance of Organisational Culture in the imple

Global environment, what are the issues in a global environment

what are the issues in a global environment

Prepare a successful quality based strategy, Question: (a) To prepare ...

Question: (a) To prepare a successful quality based strategy requires an effective leadership. Explain briefly the requirements of effective leadership in this context.

Evaluating the performance of divisions, Q. Evaluating the performance of d...

Q. Evaluating the performance of divisions? The controllability principle is concerned with assessing performance based upon measures that can be controlled only by a manager a

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages