MANAGEMENT CONTROL AND DECISION MAKING
Année du cours : 1 année(s)
Etablissement : IÉSEG School of Management
Langue : English
Formation(s) dans laquelle/lesquelles le cours apparait :
Période : S2
Management control and Decision making 1: Management and financial accounting, Net Present Value computations.
Management control and Decision making 2: Basic management accounting, Fundamentals of strategy.
1. Communicate effectively in English (AACSB AoL 1C): Be able to debate and present an informed argumentation about the pros and cons of various management control systems.
2. Organize change management processes (AACSB AoL 3C): Understand how management control systems impact decisions and practices, and how they participate in change processes, and put this understanding in practice.
3. Appraise the performance of a team (AACSB AoL 4A): Evaluate the performance of a business unit in its various aspects (variance analysis, financial indicators, multi-dimensional performance…)
4. Make effectual organizational decisions (AACSB AoL 5D): Know how to use management control systems in making efficient decisions.
anagement control and Decision making 1:
Development step of R&D: cost killing and time to market
Research step of R&D: innovation and value management.
Last, a model of innovation management is introduced.
Management control and Decision making 2:
Session 1. Introduction to management control, management control systems and strategy.
Customer profitability
Session 2. The planning and control cycles.
Session 3. Monitoring financial performance.
Session 4. Monitoring multi-dimensional performance
Conclusion
