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Typology: Exercises
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Here are two characteristics of a control system utilised by a company's tactical management:
Think about the next few months. The aims of a company are prioritised in the following year or two with the use of a tactical control system. In contrast,
strategic control systems are concerned with the company's long- term success.
Applying suggestions. Feedback is used in tactical control systems to keep an eye on performance and spot any hiccups. This
information may be utilised to make changes to future plans or to implement course corrections within the organisation. For a retail store, a tactical control system may prioritise things like:
Raise yearly revenue projections by 10%. Get rid of 5 percent more stock. Raise levels of consumer happiness by 2 percentage points.
The store's management staff could monitor progress towards these targets and pinpoint problem areas with the use of sales statistics, inventory counts, and customer surveys.
To further understand how these capabilities are put to use, consider the following:
Think about the next few months. Tactical control systems guarantee that the company is on pace to fulfil its long-term goals by concentrating on the short-term. This is crucial because it allows the company to make necessary changes to its plans and take remedial action before issues escalate.
Applying suggestions. Tactical control systems, like any other, require feedback to function properly. This is because the organization's short- term objectives are ever-evolving, necessitating a flexible feedback mechanism.
Tactical control systems are useful because they assist businesses reach their long-term goals through the pursuit of intermediate targets and the incorporation of feedback.