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  • How to increase the value added of controlling
    Taken From: De Gruyter – Oldenbourg ISBN: 31105778360
    Are you struggling to achieve efficient and sustainable management? In these competitive times, you need to be well acquainted with the nitty-gritty of the controlling function in corporate management. One needs to be aware of all the changes brought in due to the changing expectations towards the controlling function in multinational production companies.From value creation in controlling to enhancing efficiency Continue Reading...
  • The Competitive Challenge of Controlling
    Taken From: Procedia - Social and BehavioralSciences0
    Success= Efficient management + Right Leadership Management is a challenge in today’s date, and decision-making is an integral part of it. Big organizations indisputably need accurate decision support that is where ‘Controlling’ comes in. But what does the controlling function entail?And how does it affect you?Does your company have a good controlling setup? https://lnkd.in/eFhBDNK     » Download full text Continue Reading...
  • The measurability of Controlling performance
    Taken From: Bulletin of Taras ShevchenkoNational University of Kyiv0
    Multinational companies try to leverage their performance with the help of the controlling function. But how can the controlling function optimize its performance? The mechanics of value creation can be managed with three groups of indicators which are input indicators, process indicators, and output indicators. Each group of indicators can be influenced by specific measures. For more information see Bulletin Continue Reading...
  • The trade-off between planning objectives and planning success
    Taken from : Studies in Business and Economics0
    Many companies face difficulties in implementing modern planning concepts. For this, the paper will discuss and define the terminology and goals of modern planning. Based on this, the article analyses how strategy orientation influences the willingness of companies to move from traditional budgeting to modern budgeting concepts. It will be outlined, why especially companies pursuing a cost leadership strategy are Continue Reading...
  • Improving the value added of budgeting activities
    TAKEN FROM : Revista Economica0
    Attention Managers!! In recent times, there is much talk about “traditional Budgeting” and “modern Budgeting”. Do you know why some companies have to see failure even after following the budgeting process thoroughly? Do you know according to a study the level of dissatisfaction rises with the time spent on the planning process?  Not just that even the survey says 40% Continue Reading...
  • Improving Stakeholder Performance
    TAKEN FROM : PROJECT BROCHURE0
    The demand for well-trained staff is increasing. Companies are facing a shortage of skilled workers with accounting, business data analysis with SAP, and German language skills. Large companies such as Dräxlmaier are relentlessly looking for competent young people who are familiar with the SAP software. Foreign companies are striving to keep and invest in sustainable activity in the medium and Continue Reading...
  • Impact of educational CSR on regional business
    Taken from: RevistaEconomică0
    The usage of ―multi-stakeholder clusters can help to increase the performance of CSR projects. An important precondition for the contribution of other stakeholders however is to enable those stakeholders to reach their complementary goals in the CSR measures. Our survey confirmed, that the impact of CSR value contributors on financial performance depends on their proximity to the companies’ value chain. Continue Reading...
  • Process Improvements in Management Reporting
    TAKEN FROM : Journal of Financial Studies & Research0
    Read how the cost/benefit ratio of management reporting can be analyzed, benchmarked, and improved. The proposed improvement process will show how to enhance process efficiency, reporting relevance, reporting volume. We will further outline, how optimization can be reached in a changed company set up using controlling shared service centers.   » Download full text in PDF   Plese click here Continue Reading...
  • Increasing the success rate of restructuring projects with portfolio management techniques and the role of the controlling function
    Taken from : INTERNATIONAL JOURNAL OF ECONOMICS AND STATISTICS0
    Do you want to know how to restructure your company in corona times? Are you all set to be ahead of the game? You need to be well equipped with all the information needed to stay relevant in the times of corona, especially when it comes to your business. From targeting on combining the restructuring tools to gaining efficiency by Continue Reading...
  • Impact of Recent Megatrends on the Controlling Role Model
    TAKEN FROM : Procedia Economic and Finance0
    Recent megatrends such as increasing complexity, volatility, internationalization, and increased demand for transparency and compliance change the expectation towards the controlling function. The starting point of this paper is a specification of the contemporary controlling function including the perspectives controlling mission, the controlling processes and the role model concept in controlling. The paper aims to analyze the new expectations concerning Continue Reading...
  • Improving the controlling function with a structured optimization project
    TAKEN FROM : Timisoara Journal of Economic and Business0
    The controlling function should provide decision-relevant information to the top management. However, in some companies, the controlling function does only delivers little or no decision support to the management and in consequence, loses influence. This paper aims to solve this unfavorable situation. The introduced project plan will provide companies a blueprint on how to maximize project success while minimizing complexity Continue Reading...
  • Doppeldiplom Temeswar-Karlsruhe
    Taken from : Radio Rumänien0
    Rechnungswesen und Wirtschaftsinformatik nennt sich der neue Studiengang in deutscher Sprache, der im Herbst an der West-Universität in Temeswar seine ersten Studierenden begrüßen wird. Vor Kurzem fand die feierliche Unterzeichnung des Doppeldiplomvertrags zwischen der Temeswarer Universität und der Hochschule fürTechnik und Wirtschaft aus Karlsruhe statt. Raluca Nelepcu war dabei und berichtet darüber.     Die beiden Rektoren, Marilen Pirtea und Continue Reading...
  • Restructuring Stakeholder Collaboration
    Taken from : the Review of International Comparative Management0
    Are Business ethics even profitable? Corporate Social Responsibility (CSR) helps in increasing brand awareness. The social issues and potential initiatives can be divided into general issues, value chain social impacts, and social dimensions of competitive context. Blending charity and communication with CSR value can also create wonders. Collaboration with educational institutions would create shared value among stakeholders. Though, CSR initiatives Continue Reading...
  • Deutschsprachige SAP-Experten in der Ausbildung
    TAKEN FROM : ADZ0
    Buchhalter und Wirtschaftsinformatiker mit SAP- und Deutschkenntnissen werden ab Herbst in Temeswar/Timişoara ausgebildet. Damit soll dem Fachkräftemangel in diesen Bereichen entgegengewirkt werden. Großunternehmen wie der Automobilzulieferer Dräxlmaier suchen seit Jahren nach kompetenten, jungen Menschen, die sich auch mit der Software SAP auskennen. 30 freie Studienplätze bietet  die Hochschule für Wirtschaft und Verwaltung (FEAA) an. Die Absolventen sollen in drei Jahren Continue Reading...
  • Improving the value added of management reporting
    Taken From:Proceedings of the 26th International Business Information Management Association Conference0
    Read how the quality and value contribution of management reporting activities at a global manufacturing company can be analyzed, benchmarked, and improved. Based on our illustrated benchmarking process the process efficiency, the reporting relevance, reporting volume and the cost/benefit ratio are identified as weak areas with major improvement potential. For these weak areas, improvement recommendations are illustrated and outlined.  Further Continue Reading...
  • SAP, Controlling, Einkauf: Ab Herbst auf Deutsch in Rumänien
    Taken from : ADZ.RO0
    Es ist die soziale Komponente, aber auch Nachhaltigkeit und perspektivisches Denken, wenn Unternehmen statt sich mit Abwanderungsgedanken herumzuschlagen, in einen mittel- und langfristigen Standort in Temeswar/ Timisoara investieren. Mittlerweile tun ausländische Unternehmen mehr, als nur im Billiglohnland zu agieren, oder Soziale Verantwortung - Corporate Social Responsibility – CSR -  bei Spenden und Schenkungen zu belassen. Besonders stark zeigt sich in Continue Reading...
  • Neuer Studiengang und Infrastrukturfragen
    Taken from : adz.ro0
    Die Nachfrage nach gut ausgebildetem Personal ist auf allen Ebenen gestiegen. Partnerschaften mit den Hochschulen standen für die Unternehmen aus dem deutschsprachigen Raum ganz am Anfang an, dann folgten die notwendigen Impulse für Berufsschulen nach deutschem Muster und nun geht die Zusammenarbeit zwischen Wirtschaft und Hochschulen in eine neue Etappe: Der Dräxlmaier-Konzern ist nämlich Initiator eines Studiengangs Wirtschaftsinformatik im westrumänischen Continue Reading...
  • Minister of education and scientific research visited West University
    Translated from : UVT0
    Sorin Mihai Cîmpeanu, Minister of Education and Scientific Research, attended today the signing of the Protocol on the establishment of the first German-language bachelor program in the Faculty of Economics and Business Administration. The bachelor was established in partnership with the University of applied science in Karlsruhe and the automotive supplier Dräxlmaier, "Basically, the many German companies here in Timisoara Continue Reading...
  • Buchhaltung und Wirtschaftsinformatik auf Deutsch
    Taken from : adz.ro0
    In Temeswar/Timisoara wird die West-Universität ab Herbst einen neuen Studiengang in deutscher Sprache anbieten. In Partnerschaft mit der Fakultät für Informatik und Wirtschaftsinformatik Karlsruhe sowie dem Automobilzulieferer Dräxlmaier führt die Hochschule für Wirtschaft und Verwaltung (FEAA) das Studium „Buchhaltung und Wirtschaftsinformatik“ ein. Am Freitag, den 16. Januar, unterzeichneten der FEAA-Dekan Ovidiu Megan und Prodekan Franz Nees von der Fakultät Karlsruhe Continue Reading...
  • Valerian Laval | His contribution to the West University
    Taken from : Prezi0
    Transcription which we all know today 39 years ago Aachen, Germany Culture lover ... ... kind of Bachelor of Business Administration Graduate of the University of Bayreuth, Germany Career 2005 - 2009 ThyssenKrupp Group Controlling Manager, Germany and USA 2010 - 2011 VOSS Automotive Components General Manager, China 2011 - present Dräxlmaier Group Commercial Director, Germany and Romania   A Continue Reading...
  • Innovative educational project in Hunedoara
    Translated from : GLASU-HD.RO0
    Two classes with pupils from Hunedoara will learn a craft in a new place, using equipment and tools brought from Germany. This unique partnership was selected by the Education Ministry, as one of the five country's pilot-projects for implementing the dual educational system. Starting with this school year, 29 pupils – both 14 from second year and 15 rookies, will Continue Reading...
  • Workshop for pupils of Dräxlmaier Hunedoara has started
    Translated from : Hunedoara Libera.ro0
    Dräxlmaier and technological High School "Constantin Bursan" had inaugurated the new school year in a workshop designated for pupils, which was organized in the Dräxlmaier plant. 2014-2015 school year brings in Draxlmaier's workshop 2 classes from Hunedoara that will learn crafts in a new place, using equipment and tools brought from Germany. This partnership was selected by the Education Ministry, Continue Reading...
  • Pupils practice in a specially designated workshop
    Translated from : Pressalert.ro0
    A total of 29 students in two classes from School of Technology "Constantin Bursan" Hunedoara are doing internships, starting today, in a special workshop in a factory which produces automotive electrical systems, based on a partnership between the Ministry of Education and Dräxlmaier company. "We found ourselves in a special moment because today we've inaugurated in our plant, one of Continue Reading...
  • Kaum noch Image-Frage: viele Kandidaten für Berufsschule
    Taken from : ADZ.RO0
    Der zuständige Berater für Fachschulen des Bildungsministers, der Bürgermeister der Stadt Hunedoara, Vertreter der Schulbehörde und des Dräxlmaier-Betriebs waren dabei, als vor Kurzem der deutsche Automobilzulieferer Dräxlmaier  seinen neuen Jahrgang an der Berufsschule mit einer neuen Schülerwerkstatt begrüßte. Dräxlmaier Hunedoara und das Technologische Lyzeum „Constantin Bursan“ haben ihren zweiten Jahrgang von Berufsschülern auch mit der Eröffnung einer Lehrwerkstatt begonnen, die Continue Reading...
  • Education, hand in hand with multinational companies
    Translated from : Digi24 TV0
    Unique educational program in Romania, for students of the Faculty of Economics and Business Administration, Timisoara. The higher education unit signed cooperation agreements with 30 multinational companies, through which students will be prepared for the labor market, even during the years of study. Training with representatives from the business will help young people to more easily find a job after Continue Reading...
  • West University of Timisoara prepares specialists for multinational companies
    Translated from : hunedoara libera.ro0
    Consistent with its strategy to increase the quality of education in Romania and facilitating labor market insertion of future graduates, West University of Timisoara, the Faculty of Economics and Business Administration, with the Dräxlmaier support, outlined the masters program - "Business Information Systems". The Master's program will focus on SAP-oriented subjects (Core Modules SAP, Solution Manager, ABAP Programming, Business Warehouse Continue Reading...
  • Master of Business Informatics – ranked in the top 100 worldwide
    Translated from : Digi24 TV0
    Students from Timisoara are ready for multinational companies. Starting with July, graduates can enroll in a Master Program, one which is included in the Top 100 World Wide Best Masters of E-Business. Specifically, students are trained in Business Information System, one of the best paid in the top companies. The program promises three weeks of practice in the automotive company, Continue Reading...
  • UVT prepares specialists for multinational corporations
    Translated from : Ziua de Vest0
    Consistent with its strategy to increase the quality of education in Romania and to facilitate the integration into the labor market of future graduates, the Western University of Timisoara, with the support of Dräxlmaier, outlined the master program – "Business Information Systems". The master's program will focus on SAP-oriented disciplines (SAP Basic Modules, Solution Manager, ABAP Programming, Business Warehouse, and Continue Reading...
  • Management Team Hunedoara
    Taken from : Dräxlmaier Homepage0
      http://www.draexlmaier.ro/hunedoara.html...
  • Management Team Timisoara
    Taken from : Dräxlmaier Homepage0
    http://www.draexlmaier.ro/timisoara.html...
  • Management Team Pitesti
    Taken from : Dräxlmaier Homepage0
      http://www.draexlmaier.ro/pitesti.html...
  • Top Scholarships from multinational companies in the west of the country
    Translated from : DIGI240
    Students in the western part of the country are desired more and more by multinational companies. Leading worldwide companies in the field of automotive and petroleum are willing to pay scholarships, provide internships and even prepare teachers from faculties to attract fresh workforce. An example for this is a German company who will teach teachers e-business under a new master's Continue Reading...
  • Continental and other 54 companies seek specialists at a job fair in Timisoara
    Translated from : Digi24 TV0
    Engineers are in high demand in the west, where multinational companies need skilled people. One of the most important automotive companies has already announced that it wants to hire 1,000 professionals in Romania, half of them just get out of university. Young people from the west know that a good career is still built on the faculty benches and take Continue Reading...
  • Duale Berufsausbildung nach deutschem Muster in Temeswar
    Taken from : TVR10
    Klassenräume und Schulwerkstätten aus dem Ferdinand-Kolleg in Temeswar haben Anfang des Jahres neue Ausstattungen von einem ihrer Partner erhalten: Valerian Laval, Kaufmännischer Standortleiter bei Dräxlmaier in Temeswar, machte Fachausbildung schmackhaft: „Ein Hochschulstudium ist nach der Berufsausbildung nicht auszuschließen.“ Er wies auch auf die vorteilhafte Situation des Ferdinand-Kollegs hin, „weil drei große Firmen dahinter stehen“. Der Präsident des Deutschsprachigen Wirtschaftsclubs, Peter Continue Reading...
  • Berufsschule nach deutschem Muster
    Taken from : ADZ.RO0
    Klassenräume und Schulwerkstätten aus dem Ferdinand-Kolleg in Temeswar haben Anfang des Jahres neue Ausstattungen von einem ihrer Partner erhalten: Die Firma Dräxlmaier und eine ihrer Partner-Berufsschulen aus Wasserburg in Deutschland haben damit eine der beiden Temeswarer Schulen unterstützt, die das Pilot-Projekt der dualen Berufsausbildung nach deutschem Muster angenommen haben. Über die Partnerschaft zwischen den Berufsschulen in Wasserburg bzw. Temeswar hat Continue Reading...
  • Pupils are offered training by German companies in Timisoara
    Translated from : DIGI240
    German companies in Timisoara are competing to get students from professional classes. They are willing to teach the best of them and to ensure a job after finishing school. Interest is high on both sides. We are introducing you now a classroom where three companies have divided the pupils. Young people understood what to do for the future to sound Continue Reading...
  • Duale Berufsausbildung in Temeswar
    Taken from : Radio Temeswar0
    Timisoara macht weitere Schritte hinsichtlich der Entwicklung eines dualen Berufsausbildungssystems nach deutschem Muster. Das technische Kolleg König Ferdinand weihte am Donnerstag (den 16.01.2014) einen neuen Klassenraum und eine neuausgestattete Werkstatt für die Sonderabteilung im Beisein von Dozenten und Auszubildende einer Partnerschule aus Deutschland ein. Adrian Ardelean war dabei und berichtet. Das technische Kolleg König Ferdinand der Erste in Temeswar. Die Continue Reading...
  • Audi crossed the border to seek engineers in Banat
    Translated from : digi240
    "We want ... engineers!" says in a loud voice, automotive and IT companies, struggling for specialists in the west. The battle for finding the best employees is increasingly tough, especially since entered into it with powerful weapons, the foreigners. Representatives of Audi, for example, crossed the border in order to recruit, for the factory in Hungary, more than 50 employees Continue Reading...
  • Successful model applied in Timisoara: German Professional School
    Translated from : DIGI240
    With tradition and good results in the professional school, the Germans are willing to share with us the secret of success. At the initiative of an automotive company with 1,200 employees in Timisoara, German students and teachers spent a week with young Romanians who are learning in the dual system and who are willing to become electro mechanics with the Continue Reading...
  • The first professional school based on the German model
    Translated from : Ziua de Vest0
    Draexlmaier Group, along with other companies founded the first professional education training in Electromechanics in Timisoara. The project goal is to train future professionals. The benefits for students at graduation are multiple: a profession highly specialized in a sector where requirements are high, combining theoretical knowledge with practice at Draexlmaier. During the two years of study, students are supported both Continue Reading...
  • Duale Berufsausbildung nach deutschem Vorbild in Temeswar
    Taken from : Radio Temeswar0
    Das duale Berufsausbildungssystem nach deutschem Vorbild wird in Temeswar weiter entwickelt. Als Pilotprojekt wurde das System bereits im vergangenen Schuljahr am Ferdinand-Kolleg eingeführt. Im Herbst kommen dann weitere Klassen an dieser Schule, als auch am Bradiceanu-Kolleg hinzu. Die Initiative hierzu ergriffen Unternehmen aus dem Deutschsprachigen Wirtschaftsclub Banat. Unterstützung kam sowohl zentral vom Erziehungsministerium in Bukarest, als auch regional durch die Continue Reading...