Performance Measurement and Control Systems for Implementing Strategy Text and Cases
Pearson Education (us)
For undergraduate Management Control Systems courses and other MBA Management Accounting and Control electives. This book represents a radical new approach to management control systems, based on the latest research and practice. Using carefully integrated structure, it shows how today's managers use controls to drive strategies of profitable growth in rapidly changing markets. *Introduces new accounting techniques such as; *Profit wheel analysis - integrates profit planning, cash flow and ROE analysis with business strategy. *Strategic profitability analysis - strategic variances. *Text material is supported by all-new Harvard tested cases. *The two early chapters on strategy and structure create a foundation for effective use of tools and principles covered later in the book. *Provides the most comprehensive presentation of the Balanced Scorecard approach by one of its originators. *Shows how to link performance measures with strategy *Shows how to use the Levers of Control framework to balance profit growth, and control with the implementation of strategy. *Using a carefully integrated structure, this book shows students how today's managers use controls to drive strategies of profitable growth in rapidly changing markets.