THE SOCIO-ECONOMIC APPROACH TO MANAGEMENT CONTROL

Abstract : The chapter sheds light on the ability of SEAM to develop an innovative management control system for improving change and human potential management as well as creating tangible value. We have called this ability the socio-economic approach to management control (SEAMC). The first part of the chapter focuses on how SEAMC may appear as an innovative platform for change and human potential development. The next two sections then explain how SEAMC, through its change and tools axes, fosters economic performance.