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Regular version of the site

Performance Management

2023/2024
Academic Year
ENG
Instruction in English
3
ECTS credits
Course type:
Elective course
When:
4 year, 2 module

Instructor

Course Syllabus

Abstract

The course covers aspects of enterprise performance management in financial perspective. Starting with foundamental architecrural concepts and questions on linking strategy with iperations, students then deep dive into financial control and performance instruments that support decision-making process in organization. Special focus will be given tp advanced techniques of cost management for decision-making and unit economics. Another accent of the course us on management control instruments - balanced scorecard and budgeting. Students will work with financial models and will analyse in practice strategy-operations linkage and operational financial performance management. During the course aspect of performance management information systems will be covered in class discussions and practical part.
Learning Objectives

Learning Objectives

  • Equip students with fundamental knowledge and practical skills of performance management and management control systems in prganization with special focus on cost management and unit economics, budgeting and BSC.
Expected Learning Outcomes

Expected Learning Outcomes

  • Ability to analyse budgets and make the managerial decisions
  • The ability to analyse the degree of the performance management development in the enterprise
  • The ability to apply quantitative tecniques in budgeting
Course Contents

Course Contents

  • Basic of Performance Management. Steps in Performance Management. The characteristics of the effective performance measures.
  • Financial Structure of Organization
  • Analytics in performance management.
  • Cost management techniques and decision-making
  • Budgetary systems.
  • Balanced scorecard (BSC) in Performance Management.
Assessment Elements

Assessment Elements

  • non-blocking Group project work
  • non-blocking In-class Test
    Test
  • non-blocking Case solution marathon
    Students are given cases, you have to solve the case in a certain amount of time.
  • non-blocking Final exam test
Interim Assessment

Interim Assessment

  • 2023/2024 2nd module
    0.25 * Case solution marathon + 0.25 * Final exam test + 0.3 * Group project work + 0.2 * In-class Test
Bibliography

Bibliography

Recommended Core Bibliography

  • Aguinis, H. (2014). Performance Management: Pearson New International Edition (Vol. 3rd ed). [N.p.]: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1418135
  • BPP Learning Media (Firm). (2016). ACCA : Study Text: Paper P5: Advanced Performance Management: for Exams in September 2016, December 2016, March 2017 and June 2017 (Vol. Ninth edition). London: BPP Learning Media. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1241086
  • Cardy, R. L., & Leonard, B. (2011). Performance Management: Concepts, Skills and Exercises : Concepts, Skills and Exercises (Vol. 2nd ed). Armonk, N.Y.: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=929342

Recommended Additional Bibliography

  • Cokins, G. (2009). Performance Management : Integrating Strategy Execution, Methodologies, Risk, and Analytics. Hoboken, N.J.: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=317048
  • Nicola Terracciano. (2017). Performance Management at the Organizational Level. Annals of Spiru Haret University Economic Series, 2, 19.