THE GUIDED SELF-CONTROL MANAGEMENT MODEL: Replacing traditional budgeting with modern performance management practices can transform the management control system and drive organizational agility

Authors :: Wirnsperger, Franz
Moeller, Klaus
Source :: Strategic Finance. October, 2021, Vol. 103 Issue 4, p36, 8 p.
Publication Year :: 2021
Abstract: The traditional annual planning and budgeting routines still employed at many companies today were invented more than 100 years ago. At the time, the underlying assumption was that the future [...]

Subjects :: Strategic planning (Business) -- Methods -- Economic aspects
Business performance management -- Methods -- Models -- Innovations
Organizational change -- Management
Budget -- Methods
Banking, finance and accounting industries
Business, general
Business

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