Please provide an example of "Take Corrective Action."

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"Take corrective action" is one of the steps in the process of strategic management.  The person in charge of the process must have identified a problem with the production process.  He or she must them take some sort of action to correct it.

Let us imagine a production assembly line.  Management's analyses have found that one step in the production process consistently causes back ups in production.  This happens regardless of which worker is working at that step at any given time.  Management must then take corrective action.  They must figure out what is wrong with that step and find a way to make it more efficient.  This would be an example of "take corrective action."

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