Subscribe via RSS- Develop an appropriate strategic plan is necessary for an organization to achieve its objectives.
- The board must be able to articulate strategy.
- The board must understand test and endorse the strategic plan.
- The board must be satisfied that the strategic plan is achievable.
- The board must devote adequate time to strategic issues.
- The board is responsible for setting the tone and standards of the organization.
- The board sets measures (KPI’s/BSC) to measure against objectives.
- The board must monitor the implementation and performance of strategic objectives.
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The role of the board in strategy development
Sunday, January 10, 2010
The board’s overall responsibility in strategy development:
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