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Adapting Management Control Systems in a Changing World

Explore dynamics in management control systems to adapt to today's dynamic, unpredictable business environment. Learn how to adjust control packages to stay relevant. Embrace change for success.

quentin-lott
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Adapting Management Control Systems in a Changing World

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  1. NHH forum Comment on management control by Katarina Kaarbøe

  2. The world is changing - how about Orkla’s management control systems? Beyond Budgeting: Across almost all business, the operating environmenthas become radically more dynamic, unpredictable, and turbulent. (Bogsnes, 2009)

  3. Dynamics in management control To understand dynamics is to understand why things are moving, and why there is change in this movement. ---- • Dynamics in time • Dynamics in focus • Dynamics in construction of control packages

  4. Dynamics in time Small Controllability Large Low Uncertainty in markets High

  5. Dynamics in focus Temporary Lifetime Continuous Local Scope Global

  6. Dynamics in construction of control packages

  7. Different type of dynamics has different focus and elements

  8. Thank you for your attention!

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