30163 - MANAGEMENT CONTROL SYSTEMS FOR PERFORMANCE EVALUATION
CLEAM - CLEF - CLEACC - BESS-CLES - BIEMF
Course taught in English
Go to class group/s: 31
Information is essential to all well-managed businesses. The amount and quality of information available to managers is very important to evaluate a business and to manage it. For this reason the use of reporting and performance evaluation system arises as one of the most relevant mechanisms through which it is possible to effectively control a company.
The objective of this course is to cover both the areas of performance evaluation and performance reporting in detail. Through this course it is possible to understand objectives, characteristics, potentialities and limitations of the financial measures. Furthermore the course explains the recent evolutions in the Performance Measurement Models (Value Chain Reporting, Balanced Scorecard, Performance Prism, Risk Assessment). Finally, objective of the course is to understand how to manage the links between measures, responsibilities and incentives.
The role of reporting systems
The Financial Statement Analysis as the first phase in designing a Reporting Systems
Designing and Evaluating Reporting Systems: from the understanding of strategic and organizational requirements to the choice of performance measures
Recent evolutions of reporting systems: the value-based reporting
Recent evolutions of reporting systems: the use of non-financial indicators (balanced scorecard, performance prism,)
Different reporting systems for different businesses
Linking performance measures to responsibilities
Aligning performance measures and incentives
- The assessment is based either on
two written partial exams
one general written exam
- A group assignment completes the evaluation
Non Attending Students
- Oral exam
Textbooks are comunicated in the course syllabus distribuited to students.
Other required teaching material is provided through the B-Learning Space or handed-out in class.