
Beyond Practice Updates. Values and Principles Redefining Controlling
The Planning and Control (P&C) system is undergoing a moment of profound transformation. Throughout all of business history, in the face of external changes, the control function evolves when it becomes clear that existing practices are losing relevance. In other words, they can no longer direct managerial action – the perennial litmus test of the usefulness of the P&C system. To regain this relevance, companies are driven to develop new operational practices. These need to efficiently and effectively convey the perspectives inside the organization that inform business decisions in such a way ...