 Design and Implementation of a Management Control SystemFinante - provocarile viitorului (Finance - Challenges of the Future), 2015, vol. 1, issue 17, 195-200 Abstract: This paper tries to implement a management control system to raise the performance of a company with the objective to define and align to the entire organization toward a common strategy and sustainable for all. Information was collected from the major critical issues in order to detect the key sectors of the company where a change is needed. It was established the strategy to be followed and defined management indicators that allowed monitor and validate the implementation of the strategy through the Control Panel and strategic initiatives. Four initiatives were developed to understand the effect that has the control system in the management of the company generating positive results observed in the analysis of results. In order to maintain the strategy was necessary to develop audit reports to permanently check the system status. Keywords: management control system; strategy; control panel; indicators (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2015:i:17:p:195-200 Access Statistics for this article Finante - provocarile viitorului (Finance - Challenges of the Future) is currently edited by Marin OPRITESCU More articles in Finante - provocarile viitorului (Finance - Challenges of the Future) from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC. |
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