Evaluating Performance, Monitoring New Developments, and Initiating Corrective Adjustments
  Evaluating Performance, Monitoring New Developments, and Initiating  Corrective Adjustments

  It is always incumbent on management to evaluate the organization's  performance and progress. It is management's duty to stay on top of the  company's situation, deciding whether things are going well internally,  and monitoring outside developments closely. Marginal performance or too  little progress, as well as important new external circumstances, will  require corrective actions and adjustments in a company's long term  direction, objectives, business model, and strategy.
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