Download or read book The Illusion of Management Control written by N. Thygesen and published by Springer. This book was released on 2011-12-15 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how a system theoretical concept of technology helps us to understand the paradoxes of control. It describes a phenomenon which shows regularity that is unexpected against the background of received knowledge within management studies. It presents a series of cases which touch upon a range of technologies within the public sector.
Download or read book The Illusion of Control written by Jón Daníelsson and published by Yale University Press. This book was released on 2022-01-01 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: A challenge to the conventional wisdom surrounding financial risk, providing insight into why easy solutions to control the financial system are doomed to fail Finance plays a key role in the prosperity of the modern world, but it also brings grave dangers. We seek to manage those threats with a vast array of sophisticated mathematical tools and techniques of financial risk management. Too often, though, we fail to address the greatest risk--the peril posed by our own behavior. Jón Daníelsson argues that critical risk is generated from within, through the interactions of individuals and perpetuated by their beliefs, objectives, abilities, and prejudices. He asserts that the widespread belief that risk originates outside the financial system frustrates our ability to measure and manage it, and the likely consequences of new regulations will help alleviate small-scale risks but, perversely, encourage excessive risk taking. Daníelsson uses lessons from past and recent crises to show that diversity is the best way to safeguard our financial system.
Download or read book Management Control Theory written by A.J. Berry and published by Routledge. This book was released on 2019-05-23 with total page 525 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume of readings provides an overview of the development of the study of Management Control theory over the past 35 years. The period encompasses the publication of a major and seminal text by Anthony and Dearden in 1965, which acted as a touchstone in defining the range and scope of management control systems. This laid management control’s foundations in accounting-based mechanisms of control, an element which has been seen as both a strength and a constraint. A good deal of work has followed, providing both a development of the tradition as well as a critique. In this volume we attempt to provide a range of readings which will illustrate the variety of possibilities that are available to researchers, scholars and practitioners in the area. The readings illustrate the view that sees control as goal directed and integrative. They go on to explore the idea of control as adaption, consider its relationship with social structure and survey the effects of the interplay between the organisation and the environment. The essays included are not intended to lead the reader through a well-ordered argument which concludes with a well reasoned view of how management control should be. Instead it seeks to illustrate the many questions which have been posed but not answered and to open up agendas for future research.
Download or read book Ending the Management Illusion How to Drive Business Results Using the Principles of Behavioral Finance written by Hersh Shefrin and published by McGraw Hill Professional. This book was released on 2008-04-30 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling author of Beyond Greed and Fear puts behavioral concepts into corporate practice Psychologically smart companies manage both the pluses and minuses of human psychology through well-structured systems and processes. In Ending the Management Illusion, behavioral finance pioneer Hersh Shefrin addresses the biases that can take you or your organization off course and shows how to run psychologically smart businesses-specifically as it affects your bottom line. Shefrin explores the psychological barriers you experience, and delivers concrete debiasing techniques for breaking through these barriers. This allows you to integrate your processes for accounting, planning, incentives, and information sharing-the main elements for optimizing corporate value.
Download or read book Behavioral Finance and Wealth Management written by Michael M. Pompian and published by John Wiley & Sons. This book was released on 2011-01-31 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Pompian is handing you the magic book, the one that reveals your behavioral flaws and shows you how to avoid them. The tricks to success are here. Read and do not stop until you are one of very few magicians." —Arnold S. Wood, President and Chief Executive Officer, Martingale Asset Management Fear and greed drive markets, as well as good and bad investment decision-making. In Behavioral Finance and Wealth Management, financial expert Michael Pompian shows you, whether you're an investor or a financial advisor, how to make better investment decisions by employing behavioral finance research. Pompian takes a practical approach to the science of behavioral finance and puts it to use in the real world. He reveals 20 of the most prominent individual investor biases and helps you properly modify your asset allocation decisions based on the latest research on behavioral anomalies of individual investors.
Download or read book Enterprise Management Control Systems in China written by Xianzhi Zhang and published by Springer Science & Business. This book was released on 2014-04-30 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an exhaustive view of China’s Management Control Systems (MCS), examining the development of theory and practice and presenting a framework that integrates China’s unique enterprise regulations, corporate culture and managerial mindset into management control systems. The work offers detail about the effects of China’s economic reforms on management control in Chinese enterprises and insightful comparisons with Western theory and Western examples. Readers will discover important themes and the evolution of theory in MCS, including discussions of frameworks and the links between management control and economics, management, accounting, cybernetics and system theory. Early chapters explore management control in Chinese enterprises during the period, especially the demands of (guidance, enforcement and external regulation) and the demand for (stakeholders, managers, investors) management control. The work moves on to explore Western management control theory and research, including an examination of the evolution of internal control theory. The author presents detailed perspectives on the elements of management control systems and introduces masterful new ideas and methods through four general control models and ten critical elements in the management control process. A view of management control in various different types of enterprise is presented, from special enterprises and small to medium enterprises to non-profit organizations. The standards for enterprise management control are explored. This work is a valuable practical guide for corporate management teams who wish to develop and execute their own internal control strategies. It will also provide foreign researchers, policy-makers and practitioners with a new perspective on Chinese management control experiences.
Download or read book Readings in Accounting for Management Control written by David Otley and Kenneth Merchant Clive Emmanuel and published by Springer. This book was released on 2013-12-19 with total page 689 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Turn to Film written by Hugo Letiche and published by BRILL. This book was released on 2019-02-26 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Turn to Film: Film in the Business School offers creative and powerful uses of film in the business school classroom and surveys the pedagogical and performative value of watching films with students.
Download or read book The Routledge Companion to Performance Management and Control written by Elaine Harris and published by Routledge. This book was released on 2017-08-15 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: Performance management is key to the ongoing success of any organisation, allowing it to meet its strategic objectives by designing and implementing management control systems. This book goes beyond the usual discussion of performance management in accounting and finance, to consider strategic management, human behaviour and performance management in different countries and contexts. With a global mix of world-renowned researchers, this book systematically covers the what, the who, the where and the why of performance management and control (PMC) systems. A comprehensive, state-of-the-art collection edited by a leading expert in the field, this book is a vital resource for all scholars, students and researchers with an interest in business, management and accounting.
Download or read book Effective Management Control written by Eric Flamholtz and published by Springer Science & Business Media. This book was released on 1996-02-29 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deals with a critical but relatively neglected misunderstood aspect of organizational effectiveness. Provides a framework to assist practicing managers as well as academics to understand the nature, role, features, and functioning of organizational control and control systems in organizations.
Download or read book Command and Control written by Eric Schlosser and published by Penguin. This book was released on 2013-09-17 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oscar-shortlisted documentary Command and Control, directed by Robert Kenner, finds its origins in Eric Schlosser's book and continues to explore the little-known history of the management and safety concerns of America's nuclear aresenal. “A devastatingly lucid and detailed new history of nuclear weapons in the U.S. Fascinating.” —Lev Grossman, TIME Magazine “Perilous and gripping . . . Schlosser skillfully weaves together an engrossing account of both the science and the politics of nuclear weapons safety.” —San Francisco Chronicle A myth-shattering exposé of America’s nuclear weapons Famed investigative journalist Eric Schlosser digs deep to uncover secrets about the management of America’s nuclear arsenal. A groundbreaking account of accidents, near misses, extraordinary heroism, and technological breakthroughs, Command and Control explores the dilemma that has existed since the dawn of the nuclear age: How do you deploy weapons of mass destruction without being destroyed by them? That question has never been resolved—and Schlosser reveals how the combination of human fallibility and technological complexity still poses a grave risk to mankind. While the harms of global warming increasingly dominate the news, the equally dangerous yet more immediate threat of nuclear weapons has been largely forgotten. Written with the vibrancy of a first-rate thriller, Command and Control interweaves the minute-by-minute story of an accident at a nuclear missile silo in rural Arkansas with a historical narrative that spans more than fifty years. It depicts the urgent effort by American scientists, policy makers, and military officers to ensure that nuclear weapons can’t be stolen, sabotaged, used without permission, or detonated inadvertently. Schlosser also looks at the Cold War from a new perspective, offering history from the ground up, telling the stories of bomber pilots, missile commanders, maintenance crews, and other ordinary servicemen who risked their lives to avert a nuclear holocaust. At the heart of the book lies the struggle, amid the rolling hills and small farms of Damascus, Arkansas, to prevent the explosion of a ballistic missile carrying the most powerful nuclear warhead ever built by the United States. Drawing on recently declassified documents and interviews with people who designed and routinely handled nuclear weapons, Command and Control takes readers into a terrifying but fascinating world that, until now, has been largely hidden from view. Through the details of a single accident, Schlosser illustrates how an unlikely event can become unavoidable, how small risks can have terrible consequences, and how the most brilliant minds in the nation can only provide us with an illusion of control. Audacious, gripping, and unforgettable, Command and Control is a tour de force of investigative journalism, an eye-opening look at the dangers of America’s nuclear age.
Download or read book A Philosophy of Management Accounting written by Hanne Nørreklit and published by Routledge. This book was released on 2017-03-27 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book introduces pragmatic constructivism as a paradigm for understanding actors’ construction of functioning practice and for developing methods and concepts for managing and observing that practice. The book explores, understands and theorises organisational practices as constructed through the activities of all organisational actors. Actors always act under presumptions of a specific actor-world-relation which they continuously construct, adjust and reconstruct in light of new experiences, contexts and communication. The outcome of the actor-world-relation is a reality construction. The reality construction may function successfully or it may be hampered by fictitious and illusionary elements, due to missing or faulty actor-world relations. The thesis is that four dimensions of reality – facts, possibilities, values and communication – must be integrated in the actor-world-relation if the construct is to form a successful basis for effective, functioning actions. Drawing on pragmatic constructivism, the book provides concepts and ideas for studies regarding actors and their use of management accounting models in their construction of organized reality. It concentrates on researching and conceptualizing what creates functioning reality construction. It develops concept and methods for understanding, analysing and managing the actors’ reality constructions. It is intended for people who do research on or work actively with developing management accounting.
Download or read book Streamlining Management Control written by National Performance Review (U.S.) and published by . This book was released on 1994 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Seven day Weekend written by Ricardo Semler and published by Penguin. This book was released on 2004 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The maverick CEO of the Brazil-based Semco explains how he defied modern corporate logic by placing employee freedoms and benefits first over profits--a strategy that has payed off financially by cutting down on staff turnover. 20,000 first printing.
Download or read book The Magic Ring written by Piero Mella and published by Springer. This book was released on 2014-05-06 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a gradual path toward “educating” readers in understanding how Control Systems truly operate and in recognizing, simulating and improving them in all fields of activity. Starting from the hypothesis that knowledge of Control Systems is not only a technical fact but also represents a discipline – that is, “A discipline is a developmental path for acquiring certain skills or competencies. (...) To practice a discipline is to be a lifelong learner. You “never arrive”; you spend your life mastering disciplines.” (Senge, 2006, p. 10) – Piero Mella has set the objective of making Control Systems a topic that is, in a certain sense, simple and attractive by turning to the effective symbolism typical of Systems Thinking models and avoiding too technical and formal a treatment of the subject. Thus readers should know that this is not an engineering, physics, biology or economics text, nor a mathematics one either. Technical or mathematical tools are not necessary to construct Control Systems; instead the book adopts a highly simple and universal logic behind the notion itself of control process and the simple and universal action of the Control Systems that produce this process. The Magic Ring: Systems Thinking Approach to Control Systems is divided into 10 chapters. Chapter 1 seeks to review the basic language of Systems Thinking and the models it allows us to create, while Chapter 2 introduces the control process, presenting the theoretical structure of four simple Control Systems we all can observe and manage. In Chapter 3 a general typology of Control Systems is proposed with examples taken from observations of reality. The view of Control Systems is broadened in Chapter 4 by introducing two important generalizations: 1. multi lever Control Systems, with levers that are independent or dependent of each other; 2. multi-objective systems, with independent or interdependent objectives. Chapter 5 outlines the guidelines for recognizing, observing or designing Control Systems and presents the problems that arise regarding their logical realization, introducing the fundamental distinction between symptomatic and structural control. Chapters 6-9 undertake a “mental journey” through various “environments”, increasingly broader in scope, suggesting to the reader how to recognize therein Control Systems that, by their ubiquitous presence, make the world possible in all its manifestations. Finally Chapter 10 covers ideas about a Discipline of Control Systems and the human aspects of control.
Download or read book Management Control and Uncertainty written by M. Association and published by Springer. This book was released on 2014-11-25 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management Control and Uncertainty recognizes that all control takes place under conditions of uncertainty: it does now, and it always has done. In this edited collection, the contributing authors examine different aspects of management control systems in the modern world whilst paying more explicit attention to the ubiquitous nature of uncertainty
Download or read book The Illusion of Control written by Wolfgang Linden and published by Rowman & Littlefield Publishers. This book was released on 2024-06-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Illusion of Control makes the case that people waste an inordinate amount of energy trying to control events and people that they have little or no control over.
