The course principal aim is to develop analytical and critical
understanding of management control systems. In particular the aim is is
to provide students the necessary knowledge to understand how
management control systems fits the strategic requirements and how
they influence the behaviour of the employees in the desired direction.
The focus on cases of good and wrong design will help students to
develop specialized knowledge of how control systems works in different
organizations and how the innovation in management control systems is
a necessary prerequisite to help organizations to adapt to changing
environments. A further aim is to enable students to develop the ability
to use relevant concepts in discussions of management control systems
and to reflect critically on how they work or don’t work.
After completion of the course the student should be able to
Learning outcomes:
1.understand the aim and role of management control in organisations;
2.identify the different management control theoretical frameworks;
3. understand the importance of management control not only in the
strategy execution stage but also in the strategy formulation stage
4. to explain the aim and the role of the specific instruments of
management control and how they contribute in improving the
performance;
Skills and abilities:
1.identify relevant issues of the design, implementation and follow-up of
an organisation’s control system;
2.identify relevant issue especially related to budget and financial and
non financial performance indicators;
3.recognize how management control can be used to implement
organisational changes.
Values and attitudes:
1. reflect on various scientific positions in management control theory.
2.assess and critically reflect on different models and methods in
management control implementation.