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SMA: Q3 - Coggle Diagram

- - - - Lack of Direct Communication and Information Flow - Eg: No direct communication between corporate controller and divisional controllers
      - Potential for Budget Manipulation - Eg: Managers make final budget decision alone w/out sufficient oversight
- - - - Clearly defined procedures, policies, and rules
    - - Create standardized procedures for budget preparation, appointment of managers
    - - Ensures consistency & accountability
      - Reduce likelihood of manipulation
  - - - Focus on communicating & implementing
        organization’s strategy - encourages active and continuous communication between different levels of management
    - - Have regular meeting & discussions
    - - Ensures all relevant information is shared transparently - improve effectiveness of control function
- - - - Consider who the stakeholders that have interest in org'z performance - need to know their expectation and what information they need
    - - Determine what performance need to evaluate - can help to select appropriate metrics and control mechanisms
    - - Determine when to conduct performance evaluation - crucial to identify issue early & ensure org is on track
  - - - Ensure MCS drives behavior & decision that support long-term org's obj - ensure all levels are working towards same targets