MCRS-X09

MCRS-X09
PGDM-PT (2009-12) : Term-VII)

MANAGEMENT CONTROL & REPORTING SYSTEM
Prof. B. Mohanty

1. Course Objectives

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 some of the 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-1)	AG- 3
3	Organizational Structure	Organization at Larsen & Turbo (Case-2)	AG-4
4	Responsibility Centers	BAC (Case-3)	A note on Responsibility centre by B. Mohanty
5	Responsibility Centers	EPL (Case-4)	Also AG-5
6	Issues in Responsibility	GAC (Case-5)	AG-6 Appraising Profit Center Managers*
7	Profit Centre & Transfer	OGC (Case-6)	AG-6 continuing
8	Profit Centre & Transfer	HLC (Case-7)	New system for Divisional Control (From HBR)*
9	Investment Centers	DBL (Case-8)	AG 7
10	Investment Centers	BPC, LMC and AC (Cases- 9,10 and 11)	The Case against ROI control (From HBR)*
11	Management Cost	PMC (Case-12)	Controlling Managed Cost by B. Mohanty
12	Tight Control Systems	TII (B) (Case -13)	Also AG-9, AG-10
13	Administration of MCS	PPM (Case-14)	AG 10 continuing, AG-11
14	Motivational & Control	RVPL (Case-15)	AG-11 continuing
15	Management Control	Lecture	Management Control in Projects by B. Mohanty Also AG-16

* The Students are requested to go through EBSCO for readings from HBR.

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 30%

Group Project Work 30%

Surprise Quiz 30%

Class Participation 10%

Created By: Janaki Jagan on 05/06/2011 at 09:14 AM
Category: ExPGP-III Doctype: Document

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