Feedback control - appraisal, Strategic Management

Assignment Help:

Feedback is a process where part of the output of a system is measured and returned as input to regulate the systems further output. Feedback normally involves gathering information on past performance from the output of a system, comparing it to a predetermined standard or plan and using any material deviations, as a basis of improving future performance.

Feedback can be negative (adverse) or positive (favourable)
Feedback is based on comparing actual to a standard of performance
Control action would be 'closing the stable door after the horse has bolted'

Related Discussions:- Feedback control - appraisal

Developing corporate culture, propose a framework of organisational values ...

propose a framework of organisational values that meet the specific strategic and operational needs of an organisation

Organisations strategic capabilities, Strategies of the organisation suppor...

Strategies of the organisation support in the business expansion and increase the revenue . Following are the strategic capabilities: Production: Open kitchen system is used by

Process to implement balanced scorecard, Q. Process to implement balanced s...

Q. Process to implement balanced scorecard? 1. A clear vision of introduction of a BSC communicated and demonstration which senior management are committed to the idea. 2. E

Strategy, Strategy formulation presupposes a set of goals and objectives. W...

Strategy formulation presupposes a set of goals and objectives. Why aren’t goals and objectives obvious? What characteristics of people and organizations can make setting goals and

Explain activity based management, Q. Explain Activity based management? ...

Q. Explain Activity based management? Activity based management (ABM) is about satisfying customers whilst making fewer demands on internal resources. The aim is that once cos

#title ..core competencies , a. Core competencies are the collective ____...

a. Core competencies are the collective __________ in the organization

Explain about residual income, Q. Explain about Residual income? Residu...

Q. Explain about Residual income? Residual income is profit earned by a division less a "notional interest charge" for investment of finance within it.

The key stages in maintenance program in an organization, Question: (a)...

Question: (a) Many organizations consider the maintenance function as a critical operational and decision making area that can guarantee plant availability and reliability. A

Process of performing an internal audit, 1. Explain the process of performi...

1. Explain the process of performing an internal audit. Evaluate why prioritizing the relative importance of strengths and weaknesses to include in an IFE Matrix is an important st

Decision-making information systems, An organisation is reviewing its decis...

An organisation is reviewing its decision-making information systems and has asked you to recognize suitable assessment criteria for this review. Value for money. Value for m

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages