What are the 7 feed from control to planning, Managerial Accounting

7 feed from control to planning

It is realized these days more than even before that management control is primarily a human activity which should focus on how to help individuals do their jobs better. Feedback from to control to planning is a very fundamental and leads to a variety Reponses detailed below:

1. Changing of goals based on evaluation of goal.

2. Searching alternative measures of operating to save cost and survive in competition.

3. making predictions based on latest feedback.

4. Changing the operating process to avoid the weak links which reduces cumulative value to the customers.

5. Changing the reward system to revitalize working system.

6. Rest performances are systematically analyzed to explore alternative ways to improve future performance.       

 

Posted Date: 7/9/2013 3:53:46 AM | Location : United States







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