Learning resources for MBAs & managers
 
 
In order to remain relevant and effective, businesses need some way to monitor both the execution of their strategic plan and the changing environment in which they do business. With these management tools providing input in real time, organizations can quickly adjust course as circumstances present new opportunities or threats. A simple model made up of “Four Ps” can help companies create this advantage. These Ps are Perceptions, Performance, Purpose, and Process.

Subject(s): Strategy
Source(s): American Management Association (AMA)
Author(s): Ron Price
Posted: 2010-11-06
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