The controls that measure variables influencing future profitability are called steering controls.
Steering controls are designed to monitor and influence the variables that will affect future profitability. These controls focus on the inputs and processes that lead to the desired outcomes. By managing these variables effectively, organizations can steer their operations towards achieving their financial goals.
For example, a company might use steering controls to monitor customer satisfaction, employee performance, or production efficiency. By addressing issues in these areas early, the company can improve its chances of achieving future profitability.