The Use of New Technologies in Management Control Systems and their Impact on Managerial Innovation

Abstract

The integration of new technologies into management control systems has led to significant changes in management practices, presenting both opportunities and ethical challenges.This paper explores these changes and highlights the importance of addressing ethical considerations in technology use.The literature review covers the evolution of technology in management control systems and the role of ethics in driving innovation.It discusses emerging technologies like artificial intelligence, Big Data, process automation, and the Internet of Things, and their impacts on management practices.Case studies illustrate real-world ethical challenges and organizational responses, revealing valuable lessons and best practices.The paper underscores the need for a proactive approach to ethical management.Managers should be aware of the ethical implications of technology and implement strong ethical practices.Future research should focus on understanding the ethical challenges of emerging technologies, factors influencing the adoption of ethical practices, and the long-term effects of ethical management on organizational performance.