strategic control hulu

Need, want, utility have been mentioned in the class a lot of times.

For Strategic Control section you want to be able to measure results against a standard to gauge the progression to the objective. In your opinion:

What are the three most import objectives or milestones do you need to attain to meet your overall objective of your strategy.
Why do you feel these objectives are the three most important.
How are you going to measure them? Remember-results against the standard.

Each control mechanism should have as part of its components:

Attainability-raise the bar, but ensure they are realistic goals that challenge the organization. If they are unattainable the organization will fail–if they are too easy the organization looses opportunity.
Accountability-who is responsible to ensure the objective is met
Quantifiable– how are you going to measure the strategy?
1. when will it be attained (identify the time period)
2. what is the financial impact (dollars or percentage) of both revenue and expense