MCRS-X06

MCRS-X06
PGDM-PT 2006-09 : TERM VII

MANAGEMENT CONTROL & REPORTING SYSTEM
Prof. B. Mohanty

1. Course Objective

Given the objectives and strategies of an organization, one of the major tasks of the top management is to ensure that such objectives are broken up into sub-objectives and assigned to managers of organizational units and sub-units. In order that managers work in the interest of such sub-objectives, the organization must be given a system, which will help in clearly defining the tasks, in defining subunit boundaries, in providing reporting and accountability systems, in evolving appropriate control process and system for review and feedback. The course MCRS is intended to cover these aspects and thus help in forming a bridge between strategy and operating tasks. The course is so designed that students intending to pursue career in general management, in financial management, in management planning and control and in management information system are likely to benefit more out of this course than students intending to pursue careers in other areas.

2. Pedagogy

The course is designed to rely heavily on case method. The students are advised to prepare the cases before attending the class. For some sessions cases are accompanied by technical notes and handouts which should be read while preparing the cases. The cases and readings are supplied in advance. In addition, the students will be supplied with the book “Management Control System” by Anthony & Govindrajan,

12th

Edition. Besides, it is essential that students should read the following books kept in the reserve sequence of the library.

1) Maciariello and Kirby Management Control System Irwin

2) Mohanty B. Management Control System Macmillian

3) Mahinder Kaura Management Control System Response

4) Subhash Sharma Management Control TMH

3. Class Schedule:

Session No.	Topic	Lecture/Case	Reading for the session
1	Introduction	Lecture	AG-1 & 2
2	Organizational Objective	GE (Case & Reading)	AG- 3
3	Organizational Structure	L& T (Case & Reading)	AG-4
4	Responsibility Centers	BAC (Case & Reading)	A note on Responsibility centers
5	Responsibility Centers	EPL (Case & Reading)	Also AG-5
6	Issues in Responsibility	GAC (Case & Reading)	AG-6 Appraising Profit Center Managers
7	Profit Centre & Transfer	OGCL (Case)	AG-6 continuing
8	Profit Centre & Transfer	HLC (Case)	New system for Divisional Control (From HBR)
9	Investment Centers	DBL (Case & Reading)	AG 7
10	Investment Centers	BPC; LMC and Antol Company (Case)	The Case against ROI control (From HBR)
11	Management Cost	PMC (Case & Reading)	A note 1 Managed Cost
12	Tight Control Systems	TI. Inc. (B) (Case & Reading)	Stimulating Action Through Management Control; Also AG-9, AG-10
13	Administration of MCS	PPM (B) (Case & Reading)	AG 10 continuing, AG-11
14	Motivational & Control	RVPL (Case & Reading)	Dysfunctional Consequences of Performance Measurements Also AG-11
15	Management Control	Lecture	Management Control in Projects Also AG-16

Depending on the requirement other topics may be added in due course. Agency Theory, ZBB, etc. will be discussed depending on the interest of the students. The students will also work on a project, if possible on their own organization, to enrich their understanding of control practice. This will carry 30% weightage.

4. Evaluation

End-term 40%

Project Work 30%

Quiz 20%
Class Participation 10%
Created By: Lingaraj Pattanaik on 06/10/2008 at 12:25 PM
Category: ExPGP-III Doctype: Document

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