Management Control Systems Decision-Making And Innovation Development The CDI Model | Business

The systematic approach to innovation development today is one of the world’s most prominent scientific fields and with good reason. When applied correctly such system produces regular outcomes which consistently drive lasting competitive advantage. Unfortunately as much as it is beneficial the orchestration of an undisturbed flow of multiple complex dynamic and flexible innovation development processes is structurally demanding. In this book a recognised innovation management specialist sets the record straight offering a comprehensive approach to the improvement of innovation efficiency with the use of management control system. Unlike other books on the subject it proposes original representation – the CDI model – of the relationships between management control system decision-making quality and innovation system efficiency and explains why management control is fundamental to innovation management. In addition to that inside the reader will find several original developments. These include: the info-deficiency (I-D) model depicting the various parameters hindering decision-making in innovation development; the product innovation development (PID) system offering the original function-based approach to innovation management; and the composite innovation index – specially designed tool intended to evaluate the efficiency of an innovation development system. It will be of interest to researchers academics practitioners and advanced students in the fields of management strategy and innovation. Chapter 4 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license available at http://www.taylorfrancis.com |Management Control Systems Decision-Making and Innovation Development The CDI Model | Business