Control systems in multibusiness companies:: from performance management to strategic management

Fredrik Nilsson and Nils-Göran Olve

European Management Journal, 2001, vol. 19, issue 4, 344-358

Abstract: This article discusses the role of control systems in multibusiness companies. The focus is on formulation and implementation of corporate and business unit strategies. Three widely used categories of control models are discussed: (1) models for performance management, (2) models for value-based management, and (3) models for strategic management. The discussion is based upon central normative texts and examples from applications in Nordic companies. The description and discussion of the control models and their features should facilitate decision-making on the design and use of control systems in multibusiness companies.

Keywords: Business; strategies; Control; systems; Corporate; strategies; Multibusiness; management; Performance; management; Strategic; management; Value-based; management (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (3)

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