Business Intelligence and ControlLaajuus (5 op)

Osaamistavoitteet

This course introduces and provides its students with hands-on experience of applying several selected Strategic Management Accounting theories and frameworks to practice. Case-based approach is applied all through the course.

After completing the course, the students will be able to:

Realize the current performance status and development potential of a business control function case by case.
Apply the basic strategic management accounting frameworks – like the Performance Pyramid, the Performance Prism, The Balanced Scorecard and/or The Economic Value Added (EVA®) – into practice.
Identify situations in which there is potential to utilize the BI approach to benefit the company and its strategy execution.
Collect, analyze, and efficiently report and communicate relevant information for decision making, using frameworks and supporting tools such as PEST, SWOT, Porter’s Five Forces, Risk Chart, Competitor Analysis and Stakeholder Analysis.
Analyze and evaluate the benefits and costs of using ERP in business control duties as well as in the further development of business processes and reporting of the whole company.
Consider and analyze the risks and opportunities of starting to use formal business control practices over the company borders, in company networks.
Use the English language in a professional manner in the fields of Strategic Management Accounting and business control.

Sisältö

What is the picture of the business control function in today’s post-modern service economies?
How can the Strategic Management Accounting theories and frameworks be applied in practice?
Which contribution can the Business Intelligence (BI) concept and approach produce for decision making?
What are the roles of industry analysis and forecasting in modern business control?
How can a business controller turn external and internal data into essential information for future-oriented decision making?
How can information be collected and communicated efficiently, to make successful corporate decision making and strategy execution possible?
What benefits are targeted by using Enterprise Resource Planning (ERP) in business management and control?
What opportunities, barriers and proposed benefits are there in implementing formal business control practices in company networks?