Conquer the CAS Challenge 2025 – Your Ultimate Actuarial Adventure Awaits!

The step that is not included in the strategic control process is related to adjusting employee bonuses. The strategic control process generally involves setting objectives, measuring performance against those objectives, and making adjustments as needed to ensure that the organization is on track to achieve its strategic goals.

Creating and applying measurements is fundamental to this process, as organizations need to define what success looks like and how it will be quantified. Comparing actual results to expected outcomes is also critical, as it provides insights into how well the organization is performing in relation to its strategic goals. Evaluating and implementing corrective actions allows for the adjustment of strategies or processes when there is a discrepancy between actual performance and expected results.

While adjusting employee bonuses might be a tactic used by organizations to motivate or reward performance, it is not a formal step in the strategic control process itself. This step may be influenced by the outcomes of the strategic control process, but it is not a direct part of assessing or responding to strategic performance.