logo share us

Diagnostic Control System

   

Definition: a Diagnostic Control System is a traditional management control system used to monitor and optimize targets and outcomes: budgets, performance management and measurement, business plans, valuation standards, incentive systems and compensation systems.
It is one of the 4 levers of control decribed by Simons to manage the tension in organizations between profit, growth, risk and control besides Belief Systems, Boundary Systems and Interactive Control Systems.


   
   
💡

Learn more about Diagnostic Control Systems.



More on corporate governance: 3P Framework, Agency Problem, Belief System, Board of Directors, Boundary System, more on corporate governance...


MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.


add us to your desktop

Add MBA Brief to your desktop / iPad

   

© 2024 MBA Brief - Last updated: 18-6-2024  -  Privacy   |   Terms