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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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