Linköping University Reinventing research and education Course Director Gunilla Söderberg Department of Management and Engineering Division of Business Management Welcome to the Course of 2014 in MANAGEMENT CONTROL 2 This is Gunilla, formal And informal Who are you? After completion of the course, students should be able to: - describe the role of management control in organizations. - use different theories, models and concepts which are fundamental in the management of organizations. - analyze and discuss the limititations and shortcomings of the traditional means of management control Teaching- Cases studies as the pedagogical core • Cases emphasise actual and relevant management control practice. • Cases not only require the student to analyze real business situations, but also give a feel for what actually happens in companies. • Cases are not necessarily intended to illustrate either correct or incorrect management, in many cases there are no right answers, just better or prefered ones. • The educational value of the cases comes from the practice the students receive in analysing management problems and in discussing and defending his or her analysis before the class. Each week… • We will focus on a specific management control problem. • One lecture and two case seminars with two cases each. • The cases will be analysed by case groups and each group is expected to be able to present and discuss their analysis at each seminar. • The groups shall also hand in a short report (max. one page) with the case problem, analysis and suggested solution for every case at all the seminars. Date Week 24/2 Comments Introduction and Group organizing Day Classroom Time 9 Monday TEMCAS 12-13 24/2 9 Monday TEMCAS 13-15 Lecture 1 27/2 9 Thursday ACAS 12-15 Case seminar 1 Case 1.2 Wall Mart Stores, Inc. Case 3.1 Corporate Governance.. G.S 28/2 9 Friday TEMCAS 10-13 Case seminar 2 Case 3.5 ABB´s Hydrapower… Case 4.5 Cisco Systems G.S 3/3 10 Monday A31 10-12 Lecture 2 MC and the organization´s internal structure, Chapter 5-7 G.S 6/3 10 Thursday ACAS 12-15 Case seminar 3 Case 5.2 Southwest Airlines Co Case 5.3 Gover and Control at AXA G.S 7/3 10 Friday TEMCAS 12-15 Case seminar 4 Case 6.4 Grand Jean Company Case 7.1 BreathEZ G.S 10/3 11 Monday R41 10-12 Lecture 3 Transfer pricing, Planning and Budgeting, Chapter 8-9 G.S 14/3 11 Thursday ACAS 12-15 Case seminar 5 Case 8.4 North Country Auto… Case 8.3 Birch Paper Company G.S 15/3 11 Friday ACAS 12-15 Case seminar 6 Case 9.3 New York Times Case 9.4 Svenska Handelsbanken G.S 17/3 12 Monday ACAS 10-12 Lecture 4 20/3 12 Thursday ACAS 12-15 Case seminar 7 21/3 12 Friday ACAS 12-15 Case seminar 8 28/3 13 Friday 14-18 Written exam-1st chance 12/5 20 Monday 14-18 Written exam-2nd chance Chapter 1-13 24 Monday 14-18 Written exam– 3rd chance Chapter 1-13 9/6 Activity Introduction MC and Strategy, Chapter 1-4. PM, Compensation and MC Challenges Teacher G.S G.S Chapter 10,11 and 12 H.N Case 10.2 Making BSC work… Case 11.1 What is CEO Talent Worth? G.S Case 12.2 Piedmont University Case 12.3 Impl. of PM at Hopco Chapter 1-13 G.S Anyone? QUESTIONS? 10 Examination: two equal parts of 50 points each, total 100 points • The first part is group based and optional, it will be carried out through case seminars. 1-50 p, that you can collect during the course. • The second part is a mandatory individual written examination of 1-50 p. Case seminars, 1-50 points. • 24 points can be collected as follows: Eight case seminars with a total of 16 cases. You will get 3 points for each case seminar if you attend and take an active role in the seminar including handing in a case report of one page per case with a summary of the case problem and the suggested solution. (one paper per group, give Gunilla the paper when you come to the seminar room). • 26 points can be collected in the following way: You get 1-6 points for your first presentation and 1-10 points for the following two oral on stage presentations. Individual written examination • A mandatory individual written exam on the textbook "Management Control Systems, european edition", 0-50 points. • In order to pass the written exam you have to get at least 20 points. • Chapters 1-13 will be included in the written examination. Individual written examination • Friday the 28th of March, written exam-1st chance. • Monday the 12th of May written exam-2nd chance, (first retake). • Monday the nineth of June written exam–3rd chance, (second retake) Grading system: In order to pass the course you have to collect at least 60 p. Points ECTS 85-100 A 75-84 B 70-74 C 65-69 D 60-64 E 0-59 F Course literature • R. Anthony, V. Govindarajan, F. Hartmann, K. Kraus & G. Nilsson.(2014): • "Management Control Systems" European edition. • First edition, • Mc Graw Hill, • ISBN 007-133269 • Available at the campus book store in the Corallen building Anyone? QUESTIONS? 17 Now, please! FORMATION OF GROUPS 18
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