Economic Themes (2011) 49 (4) 5, 581-596

HOW TO DESIGN AND IMPLEMENT EFFECTIVE AND EFFICIENT SYSTEM OF STRATEGIC CONTROL?


Branimir Inić, Aleksandar Damjanović

Abstract: Designing and implementing of effective and efficient system of strategic control, with appearance of strategic management, is becoming a must for every company which has the aim to survive, grow and develop. Following that kind of approach in this paper, strategic control is seen as a means of thoughtful realization of any successful business result, and causality of planning and controlling as an axiom to which these two phases of strategic management are ‘Siamese twins’ or ‘two sides of the same medal’. The result of this work are descriptions of importance of effective and efficient strategic control, centralized and decentralized ways of controlling, as well as creation of a model of strategic effective and efficient control system which is the main purpose of this work.

Keywords:  strategic management; strategic system of effective and efficient control; model of strategic management; corrective model of strategic effective and efficient control system

PDF file