Reporting for strategic control

Andrew Flitman (Deputy Head, Department of Business Systems, Monash University, Clayton, Victoria, Australia)

Management Decision

ISSN: 0025-1747

Publication date: 1 April 1996

Abstract

A common complaint about strategic plans is that, once developed, they tend to be largely forgotten until the next planning cycle. At that time a review is made of the progress to strategic goals. What is needed, however, is a reporting tool that actively tracks progress towards the strategic goals and encourages management and employees to achieve strategic success. Outlines a successful methodology which has been applied in around 20 organizations in Australia and South-east Asia. This methodology encompasses the design of strategic measures, through their timely reporting, utilizing the latest theories to maximize the quality of the information. All of this is achieved using readily available software tools and skills, thus minimizing implementation risk. Gives an example of implementation which clearly illustrates the benefits that can accrue from this methodology.

Keywords

Citation

Flitman, A. (1996), "Reporting for strategic control ", Management Decision, Vol. 34 No. 3, pp. 62-71. https://doi.org/10.1108/00251749610113695

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Publisher

:

MCB UP Ltd

Copyright © 1996, MCB UP Limited

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