Role and Importance of Controlling System in Strategic Management Process

Ryabenkov Aleksey V. () and Vysochina Alina V. ()
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Ryabenkov Aleksey V.: Sumy Frunze Machine-Building Science and Production Association
Vysochina Alina V.: Ukrainian Academy of Banking of the National Bank of Ukraine

Business Inform, 2012, issue 9, 326_329

Abstract: Scientific approaches on the essence and importance of controlling are researched in the article; definition of the category \"strategy\" is developed by the authors on the base of critical literature overview. Controlling and strategic management common features in the context of methodology are described. The cohesion of controlling and strategy through Balanced Scorecard is characterized. The strategic map and key performance indicators in accordance with strategic goals are developed by the authors.

Keywords: controlling; balanced scorecard; strategy; strategic management (search for similar items in EconPapers)
Date: 2012
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