Response to the following problem:
The purpose of a strategic control system is to facilitate converting strategic plans into actions and to balance the requirements of the business through the transitions that new strategies inevitably bring. Atkinson (2006) suggests the BSC approach provides a strategic control mechanism by establishing short-terms goals with longer-term impact, helping organisations achieve successful strategy implementation by mitigating the risk of management control systems hindering progress.
What is your view on this? Do you think that BSC companies integrate strategic and management control systems effectively or do you believe that the strategic control systems like those generated by BSC could replace traditional management control systems?