Codman & Shurtleff Inc.

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Introduction This paper will review the "Codman & Shurtleff, Inc.: Planning and Control System" case study found in the 2nd edition of " Accounting for Managers: Texts and Cases". The case illustrates a comprehensive formal planning and control system used in formulating and implementing strategy at Codman & Shurtleff, one of Johnson & Johnson's 155 subsidiaries. This paper will focus on the relationship between organizational innovation and formal planning and control systems in a …

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…Internet, http://www.jnjgateway.com/home Marshall, David H. & McManus, Wayne W. Accounting: What the Numbers Mean, (4th Ed.) Irwin/McGraw-Hill., 1999 Simons, Robert., The Role of Management Control Systems in Creating <Tab/>Competitive Advantage: New Perspectives., Accounting, Organizations <Tab/>and Society., 1990 Stoner, James A. & Freeman, R. Edward., Management (6th Ed.) <Tab/>Prentice Hall, Inc., 1996 <Tab/>