Strategic thinking and accounting: Benefits and pitfalls from a managerial perspective

Pasi Aaltola
2016 Academy of Management Proceedings  
This study explores the strategic thinking of managers from an accounting perspective. By building on interview data from managers working with strategic roles in various organizations, an understanding is offered of the experienced potentials and pitfalls of accounting in strategic thinking. The results are elaborated into a framework presenting the dual nature of accounting in strategic contexts. This study suggests that the benefits and pitfalls of accounting for strategic thinking
more » ... thinking constitute a paradoxical duality, which cannot be fully solved, but must be addressed by practising managers. The observed role of accounting in managers' strategic thinking also offers implications for management control in organizations.
doi:10.5465/ambpp.2016.15790abstract fatcat:gbbg6vyf5rh4neaifng24aqoyu