NOTE: Each paragraph should be 5 sentences or more
Ensure all references are cited
1. Explain 3 commonly used evaluation strategies for change strategies.
2. Compare and contrast those strategies
3. Discuss which strategy is the best practice and discuss why
4. Include 1 chart in the analysis or description of a model strategy being recommended
5. Create 1 proposed project schedule
6. Build a meaningful evaluation summary that would best communicate the organizational development
Strategic management assists the organizational managers in making significant decisions with long-term decisions (David, 2005). The managers making wrong decisions result in severe penalties and situations that sometimes are difficult to reverse. Therefore, the strategies assert that strategy evaluation as a vital element in the well-being of the organizations. Timeliness of the assessment is crucial in detecting problems or potential challenges. The strategic evaluation includes an examination of the underlying basis of strategies in a firm. Secondly, the company should compare expected results with actual achievement. Thirdly, the firm takes corrective measure to ensure that performance takes shape as planned. It is challenging to state which method or strategy is favorable, but managers can use them in evaluating serious faults. Four criteria can be useful in evaluating a strategy. They include advantage, feasibility, consonance, and consistency. External analysis depends on advantage and consonance while internal analysis uses feasibility and consistency. The paper will examine the three strategy evaluation for change strategies and determine the best practice in an organization.
Examination of the underlying basis of strategies
The Key performance indicator (KPIs) is a key method of evaluating change process. The method assists in monitoring how the several departments of a firm are working towards achievement of the goals and objectives (Parmenter, 2015). The aim of the business, for instance, may be to increase the productivity. It is easy to measure the output before comparing it to data before the change program implementation. Outcome evaluation assists in keeping the change process moving forward. For example, the original strategies may require revisions. In the process of revising, the managers make decisions enable future process creative and effective. Organizations should carry out strategy evaluation continuously instead of initiating when an issue arises. Continuous assessment allows the organization set a benchmark of progress monitoring.
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