Abstract:
This study investigates the implications of the implementation of a new, modern
planning system proposed by a leading international consulting company for a
large state-owned corporation operating in the oil and gas sector. We draw on the
literatures in economics, accounting, and management to identify the likely
problems that will be engendered by the proposed planning system and propose
a series of recommendations designed to reduce and, ideally, eliminate the
unintended consequences. We also discuss some general implications of relying
on the information of interested parties, such as external consulting companies.