New Perspectives for Management Control: integrating internal and external measurements, reporting and governance

Author/s Luciano Marchi
Publishing Year 2012 Issue 2011/3
Language Italian Pages 12 P. 5-16 File size 731 KB
DOI 10.3280/MACO2011-003001
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Management Control is traditionally defined as an internal process, internally managed, for internal purposes. However, this process is evolving toward three external, distinct, but complementary, perspectives. The first one is the information perspective: integrating internal and external data, i.e. combining internal with external measurements, for strategic control purposes. The other perspectives are related to the new management control external issues. The second perspective deals with: monitoring relationships, integrating objectives and measuring shared value for the network. The third perspective refers to managing external reporting, together with external roles and responsibilities, for an extended model of governance.

Keywords: Management Control, Performance Measurements, Relational Control, Organizational Control, Management Reporting.

Luciano Marchi, L’evoluzione del controllo di gestione nella prospettiva informativa e gestionale esterna in "MANAGEMENT CONTROL" 3/2011, pp 5-16, DOI: 10.3280/MACO2011-003001