NHH forum
Comment on management control
by Katarina Kaarbøe
www.nhh.no
The world is changing - how about Orkla’s
management control systems?
Beyond Budgeting:
Across almost all business, the operating environment has become
radically more dynamic, unpredictable, and turbulent.
(Bogsnes, 2009)
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
Dynamics in time
Small
Long term
planning
???
Annual
budgets
Accountability
and forecasts
Controllability
Large
Low Uncertainty in markets High
Dynamics in focus
Temporary
Ad hoc
Ad hoc
Horisontal
Vertical
Local
fixed
Fixed core
Lifetime
Continuous
Local
Scope Global
Dynamics in construction of control packages
Different type of dynamics has different focus
and elements
Type of
dynamics
Focus of
dynamics
Dynamic
elements
Time dynamics
Time horizon
Reporting period
Forecasts
Long term budgets
Focus and time
Different focus in time and
space
Local and global systems
Temporary and continues
system
Dynamic packages of
control
Coupling between tools
Different solutions through
different systems
Thank you for your attention!