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Manager's Background Improves Control System Performance

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Executive Summary

Previous research has shown that management control systems (MCSs), rather than impeding the innovation process, can enhance it. In their latest paper, Reasons for Management Control Systems Adoption: Insights from Product Development Systems Choice by Early-Stage Entrepreneurial Companies, Prof. Antonio D?vila of IESE and Prof. George Foster of Stanford Graduate School of Business focus on why companies adopt MCSs in product development - an area where innovation plays a major role.

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