Interactive Control System

   

Definition: a Interactive Control System is a management system used to provide strategic feedback, track new ideas, trigger new organizational learning, and to properly position the organization for the future: incorporating process data into management interaction, face-to-face meetings with employees, challenging data, assumptions and action plans of subordinates.
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 Diagnostic Control Systems.


   
   

More on corporate governance: Agency Problem, Belief System, Board of Directors, Boundary System, CEO Duality, more...



   

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