Kadi Sarva Vishwavidhyalaya S. V . Institute of Management, Kadi MBA –II Semester III Management Control Systems Resoure !ersons" !rof. #eeta !atha$• %&'etives" Eve ry organ iza tio n is meant for achievin g pre-set goa ls and obj ect ive s. Well thought-out strategies are being implemented for this purpose. Execution of these strategies assumes as much importance as formulation itself. Management control syst ems are desi gned in ord er to imple ment thes e stra tegie s success fully . The process of implementation of the strategies and the dilemma faced by managers are the main focus of this course. It envisages strategic planning budgetingresource al locati onperf ormance measurementeval uati onand re!ar d" responsibility centre allocation. Thusthe main objective of this course is to e#uip the students !ith the s$ills for e%ective implementation of strategies and resolving the attendant problems. • Course Content" Module #o. (o)is* Su& to)is +eightage & Introduction to Management 'ontrol ( ystems and the Environment of Management 'ontrol. The )ature of Management 'ontrol*asic 'oncepts- The Environment ofManagement 'ontrol- (trategies of di%erent levels'orporate and (trategic *usiness units. *ehavior +spects of ,rganizationsoal 'ongruence and actors In/uencing the 'ongruence. 012 0 The (tructure of Management 'ontrol (ystems. 3esponsibility 'enters. 4e5nitionTypes 6 3evenue 7 Expense 'entersEngineered and 4iscretionary Expense 'enters 6 8ro5t 'entre9s:arious Measures of 8ro5ts. 012 ; Transfer of oods 7 (ervices bet!een 4ivisions and its 8ri cing . +dminis trat ion of T rans fer 8ri ces 6 Inves tment 'entersMea sur es and 'on tr ols of +ss ets. 4i vis ion al per for mance and 3esponsibility accoun ting: arious 'ontrol issues. 012 < The 8rocess 8art of Management 'ontrol=- 8lanning*u dg et in g8er fo rmance +n al ys is an d 3e!ar di ng . (tr ategic 8lanning. 8lanning of Existing and 8roposed 8rograms> *udget 8reparation. Its 8rocess and T echni#ues. +nalysis of 8erfor mance throu gh : ariance. 4ev elo pments in 8e rfo rmance Mea suremen t (ys tem ?8M(@. *alance (core 'ard. 'ompensation for Mana gemen t (ta% 6 4i%er ent 'ompe nsat ions 8lans for 'orporate ,Acers and (*B Managers 012 C Management 'ontrol (ystems for 4i%erent ,r gani zati ons=-(ervi ce or ga ni zati ons> 8r of essi on al inancial (erviceand Deal th 'are ,r ga niza ti ons= 'hallenges for Management 'ontrol (ystems in )on 8ro5t 012 8age of -
