Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 10 February 2000
Length: 17 pages
Data source: Field research
Abstract
Detailed description of the planning and control systems in use at Johnson & Johnson. Focuses on the actions of managers in one subsidiary in revising budget targets. Illustrates intensive strategic planning and financial planning process in a large, decentralized company. Includes interviews with the president and senior executives concerning benefits of the system. Raises issue of the role of formal control systems in decentralized organizations.
Locations:
Industries:
Size:
75,000 employees
Other setting(s):
1986
About
Abstract
Detailed description of the planning and control systems in use at Johnson & Johnson. Focuses on the actions of managers in one subsidiary in revising budget targets. Illustrates intensive strategic planning and financial planning process in a large, decentralized company. Includes interviews with the president and senior executives concerning benefits of the system. Raises issue of the role of formal control systems in decentralized organizations.
Settings
Locations:
Industries:
Size:
75,000 employees
Other setting(s):
1986



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