After a Strategic Plan has been developed, approved and implemented, it’s progress should be…

After a Strategic Plan has been developed, approved and implemented, it’s progress should be monitored, reviewed and evaluated to determine if the specific strategic objectives are being met.

1.Describe, in detail, the process of developing a strategic review process for an existing strategic plan a company may already have in place. In your discussion be sure to identify some of the quantitative business metrics that might be evaluated and what they mean.

2.Provide an example of “one hypothetical strategy” and how a strategic review process might be conducted to monitor and review that strategy. Please focus your responses on the various tools and methods discussed in this course as well as other courses you have taken in the Business program. Be sure to use specific examples in your discussion, and reference specific course work that you used.