In strategic management, which process includes evaluating success after implementation?

In strategic management, the process that includes evaluating success after implementation is focused on measuring the effectiveness of strategies that have been put into practice. This evaluation phase is crucial as it allows organizations to assess whether their strategic initiatives are achieving the desired outcomes and objectives.

The evaluation involves analyzing performance metrics, comparing results against goals, identifying areas for improvement, and making necessary adjustments to strategies. This iterative process ensures that strategies remain aligned with the organization’s objectives and can adapt to changing conditions.

Other processes like formulation and implementation are focused on creating and executing strategies, but they do not specifically include the assessment aspect that is vital for continuous improvement and strategic alignment. Strategic choice involves selecting from among various strategic options but also stops short of the evaluative procedures embedded in the evaluation phase. Thus, the primary focus on assessing success after execution is the hallmark of the evaluation process.