Budget Report Assignment | Get Paper Help

Every month, most couples sit down to sum up their family expenses and adjust their budget. Similarly, companies prepare annual reports of their status. How, in-practicum, do we implement a control system (or checks and balances) that is in alignment with the organization’s strategy? Note: The key terms are “in-practicum” and “alignment.” In two or more paragraphs, present a practical method that demonstrates and supports your answer. Your response must differentiate between the three control system types. As required for all discussion questions, your response(s) must be referenced and supported with peer-review journals and quality academic materials.

Required Reading
Edwards, J., Ketchen, D., Short, J., & Try, D. (2012). Mastering strategic management evaluation and execution (1st ed.). Online: Creative Commons Attribution 4.0 International License. Review Section 55 of Chapter 9.

Harrison, J. S., & Thompson, S. M. (2014). Strategic management of healthcare organizations: A stakeholder management approach. New York, United States: Business Expert Press. Review Chapter 6.

Hsiao, T.-Y., Chuang, C.-M., & Huang, L. (2018). The contents, determinants, and strategic procedure for implementing suitable green activities in star hotels. International Journal of Hospitality Management, 69, 1-13. Read pp. 1-4.

Ishfaq, R., & Raja, U. (2015). Bridging the healthcare access divide: A strategic planning model for rural telemedicine network. Decision Sciences, 46(4), 755-790. Read pp. 755-765.

Malik, A., Sinha, P., Pereira, V., & Rowley, C. (2017). Implementing global-local strategies in a post-GFC era: Creating an ambidextrous context through strategic choice and HRM. Journal of Business Research. Read pp. 1-4.

Matthias, O., & Brown, S. (2016). Implementing operations strategy through Lean processes within health care. International Journal of Operations & Production Management, 36(11), 1435-1457. Read pp. 1435-1440.

Yeh, T.-M., & Lai, H. P. (2015). Evaluating the effectiveness of implementing quality management practices in the medical industry. The Journal of Nutrition, Health & Aging, 19(1), 102-112. Read pp. 102-106.