Nothing Special   »   [go: up one dir, main page]
Scribd Logo
Upload

Welcome to Scribd!

  • 47 views

    Management Control and Management Control Systems: General Information

    Uploaded by

    Oxky Setiawan Wibisono
    This course provides students with an understanding of management control and management control systems (MCS) and how they are used to implement strategy. The course focuses on the formal aspects of MCS and how they align goals. It also highlights the behavioral aspects of MCS. Students will learn about important elements of control systems like the balanced scorecard. They will examine how different organizational characteristics affect the control process and the types of responsibility centers. The course uses a mix of lectures and case studies, and students will form groups to present case solutions. Evaluation is based on a final exam and a group work presentation and write-up.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Management Control and Management Control Systems: General Information

    Uploaded by

    Oxky Setiawan Wibisono
    47 views3 pages
    This course provides students with an understanding of management control and management control systems (MCS) and how they are used to implement strategy. The course focuses on the formal aspects of MCS and how they align goals. It also highlights the behavioral aspects of MCS. Students will learn about important elements of control systems like the balanced scorecard. They will examine how different organizational characteristics affect the control process and the types of responsibility centers. The course uses a mix of lectures and case studies, and students will form groups to present case solutions. Evaluation is based on a final exam and a group work presentation and write-up.

    Original Description:

    Original Title

    syllabus_managementcontrol.pdf

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This course provides students with an understanding of management control and management control systems (MCS) and how they are used to implement strategy. The course focuses on the formal aspects of MCS and how they align goals. It also highlights the behavioral aspects of MCS. Students will learn about important elements of control systems like the balanced scorecard. They will examine how different organizational characteristics affect the control process and the types of responsibility centers. The course uses a mix of lectures and case studies, and students will form groups to present case solutions. Evaluation is based on a final exam and a group work presentation and write-up.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    47 views3 pages

    Management Control and Management Control Systems: General Information

    Uploaded by

    Oxky Setiawan Wibisono
    This course provides students with an understanding of management control and management control systems (MCS) and how they are used to implement strategy. The course focuses on the formal aspects of MCS and how they align goals. It also highlights the behavioral aspects of MCS. Students will learn about important elements of control systems like the balanced scorecard. They will examine how different organizational characteristics affect the control process and the types of responsibility centers. The course uses a mix of lectures and case studies, and students will form groups to present case solutions. Evaluation is based on a final exam and a group work presentation and write-up.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Management Control and Management Control Systems

    General information :

    Teacher: Dr. Michael Burkert


    Web page: http://www.hec.unil.ch/people/mburkert
    E-mail: Michael.Burkert@unil.ch
    Office hours: Individual appointments can be asked for by sending an
    e-mail
    Course language: English
    ECTS Credits: 3

    Course description:

    This course is supposed to provide students with an understanding of the


    importance of management control and management control systems (MCS)
    for companies. The course focuses on the formal aspects of MCSs and how
    they are used to implement a companys strategy by aligning individual,
    business unit and company goals. Furthermore, the behavioral aspects
    associated with MCSs are highlighted and intensively discussed.
    After having explored the nature of MCSs, students will be introduced to
    important elements of control systems such as the balanced scorecard.
    Different characteristics of organizations affecting the control process will be
    described in detail, thereby dealing with the various types of responsibility
    centers, the techniques that are important for their control and the metrics
    required for the evaluation of the performance of managers in charge of these
    centers. The course will be partly committed to the case method of teaching.
    The educational value of the cases (and the fun!) comes from the practice the
    students receive in analyzing management control problems and in discussing
    and defending their standpoints.

    Teaching method:

    50% lectures
    50% case studies

    Evaluation:

    Final exam (two hours, answers can be given in French and English): 70%
    Group work: 30%

    Students will be asked to form groups and to elaborate case solutions. These
    solutions have to be presented in class. The presence of all group members the
    day their presentation is scheduled for is thereby strictly required. The groups
    will have to hand in their case solutions in written form (10 pages maximum) 3
    days before the class meeting (midnight latest). If a retake exam session is to
    be done, grading of the course is based on exam only (100% of the grade). A
    dictionary and a calculator are allowed to be used for the exam.
    Main Reference:

    Anthony R. N. and Govindarajan V., Management Control Systems, McGraw Hill, 2007
    (twelfth edition)

    Two further references:

    Merchant, K. A. and Van der Stede, W. A., Management Control Systems, FT Prentice Hall,
    2007 (second edition)

    Kaplan, S. K., Norton, N. P., The Balanced Scorecard Translating Strategy into Action,
    Boston, 1996
    SYLLABUS
    Session Topics Lectures Cases

    1 Introduction Ch. 1 and 3

    2 Company Ys strategic challenges: An


    example
    3 The Balanced Scorecard (BSC) Ch. 11, p. Introduction to
    460-471 BSC case by Dr.
    Burkert
    4 Presentation and discussion of Balanced
    Scorecard case
    5 The nature of MCS / Behavior in Case 1-1 (NUCOR
    Organizations A) and 3-2
    (NUCOR B)
    6 The controller as a business strategist
    7 Planning, budgeting and the role of Ch. 8, 9 and
    compensation systems 12
    8 Responsibility centers Ch. 4 and 5
    9 Transfer Pricing Ch. 6 Case 6-1 (Transfer
    pricing problems)
    10 Measuring and Controlling Assets Ch. 7: Guest
    Employed lecture by Dr.
    Damisch from
    BCG
    11 Management Compensation Case 12-1 (Lincoln
    Electric Company
    (A))
    12 Responsibility Centers : Revenue and Case 4-2 (New
    Expense Centers Jersey)
    13 Profit Centers Case 5-2 (North
    country auto)
    14 Transfer Pricing Case 6-2 (Birch
    paper company)

    You might also like