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

Industry Profitability, How do the five competitive forces in Porter''s mod...

How do the five competitive forces in Porter''s model affect the profitability of the overall industry? For example, in what way might weak forces increase industry profits, and in

GE matrix, Characteristics of each component of GE matrix

Characteristics of each component of GE matrix

Lienear programming , A paper mill produces two grades of paper viz., X and...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper

Styles of strategic management, Goold and Campbell identified three 'styles...

Goold and Campbell identified three 'styles of strategic management', looking at ways in which control can be divided between senior management and individual business units.

Discuss the different conflict handling strategies, ZEZ Company is in the b...

ZEZ Company is in the business of designing and printing bottle labels for soft drinks distributors. The company is, at present, facing very difficult times as recessionary economi

What do you mean by dual pricing, Q. What do you mean by Dual pricing? ...

Q. What do you mean by Dual pricing? Dual transfer pricing means setting one transfer price for the internal seller and another transfer price for the internal buyer.  The basi

Stakeholders, Ask What advantages are there to employees as stakeholders ar...

Ask What advantages are there to employees as stakeholders are available in Germany that are not provided to employees in US companies? In the United States, how do employees let

#title.Hospitality Management, Recommendation for future strategies, Strate...

Recommendation for future strategies, Strategic Management. Conclusion

Evaluate a compensation strategy, The Fit Shop       The Fit Shop Ltd. i...

The Fit Shop       The Fit Shop Ltd. is a brand new firm that will open its doors exactly four months from today.  Its business objective is to sell all types of training, fitne

Strategic Management Analysis Paper, Need to write a trend analysis paper f...

Need to write a trend analysis paper for a class. I have done first few parts of the project just need to write the last alaysis paper.

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