Entrepreneurship Development and Communication Skills (1+1)

6.1.5.6. Follow up/Appraisal of plans

1. After choosing a particular course of action, it is put into action.
2. After the selected plan is implemented, it is important to appraise its effectiveness.
3. This is done on the basis of feedback or information received from departments or persons concerned.
4. This enables the management to correct deviations or modify the plan.
5. This step establishes a link between planning and controlling function.
6. The follow up must go side by side the implementation of plans so that in the light of observations made, future plans can be made more realistic.