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Wednesday, April 3, 2013

Strategic Paper

References:Allen, Leslie, J. Jan 28, 2008. ProQuest. railroad carmotive News: U.S. entering green- technology race. Vol. 82, Iss. 6292; pg. 36, 1 pgsBailey, David. March, 2008. March Auto Sales Drop, GM Off 13 Percent. Viewed online 4/14/08 http://www.bnet.com/2407-14029_23-194921.htmlControls and Evaluation:?Strategic control is concerned with bring in a strategy as it is being implemented, detectingproblems or changes in its underlying premises, and making necessary adjustments.? (Pearce?Robinson, p. 107) This will require that GM develop a Portfolio plan consisting of thrusts that link back to the muckle and mission. Projects within each thrust should only be clear if they can be linked back to one of the objectives or goals. Pearce and Robinson state that managers responsible for success of a strategy are concerned with two sets of questions.

1.? ar we moving in the straightlaced direction? Are key things falling into place? Are our assumptions about major trends and changes correct? Are we doing the critical things that use up to be done? Should we adjust or abort the strategy?2.How are we performing? Are objectives and schedules being met? Are costs, revenues, and property flows matching projections? Do we need to make operational changes?? (Pearce?Robinson)Key guidance personnel will need to track performance against the general initiatives, and monitor direction to ensure that all the milestones are met during the preparedness process.

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Major internal and external environmental changes make occur, and GM strategic planners need to have mitigation plans put in place to meet those challenges. Strategic Plans today may not out of date next year due to technology advances. GM?s ability to modify the plan as required will be essential in face-off corporate objectives.

Not only is it critical to monitor and appraise the performance of the strategic plan, objectives, and goals, but it is also important to rate the success of the plan and the...

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