Click here to download

Monitoring of the sequences and performance
Journal Title: MANAGEMENT CONTROL 
Author/s: Domenico Nicolò 
Year:  2013 Issue: Language: Italian 
Pages:  16 Pg. 35-50 FullText PDF:  617 KB
DOI:  10.3280/MACO2013-003003
(DOI is like a bar code for intellectual property: to have more infomation:  clicca qui   and here 


Literature has highlighted how the decrease in the duration of activities in management processes reduces costs while increasing the value created for customer. In this paper, using a logical-deductive method, we show that the performance of firms also depends on the temporal order (thus not only duration) in which the activities are sequentially arranged in time. Therefore in the context of strategic planning it is necessary to evaluate multiple alternatives of sequential arrangements of activities and, thus, to select the ones that have the best effects on economic, financial and competitive expected results. Then it is important to systematically verify the validity of the chosen sequences, since the frequent and sudden changes of environmental conditions and technology can require the need to re-configure and reengineer processes. The links between the activities and external variables make it necessary to adopt mechanisms for coordination, integration, and synchronization. The company’s results are further influenced/conditioned by the duration and temporal order with which the firm experiences the economic and social phenomena of the environment. This relationship between the sequence of occurred external phenomena per context and per results can also be indirect. The order in which sequential processes are arranged in time influences the assumptions made by management for future inferences, thus leading the decision-making processes, and ultimately results. The individual economic entities certainly cannot noticeably affect the trends of macro- and micro-economics that define the context of operation. However, companies constantly monitor factors considered to be the most influential on the results (so-called key-variables) in order to capture the information needed to preserve the coherence of the strategic and decision-making processes with respect to frequent and sudden changes.
Keywords: Management control, sequences, reporting, time accounting, performance

  1. Amaduzzi A. (1978). L’azienda nel suo sistema e nell’ordine delle sue rilevazioni, Torino, UTET.
  2. Amaduzzi A. (1982). Economia aziendale, Bari, Cacucci.
  3. Anderson-Gough F., Grey C., Robson K. (2001), Tests of time: organizational time-reckoning and the making of accountants in two multi-national accounting firms, Accounting, Organization and Society, 26, pp. 99-122., DOI: 10.1016/S0361-3682(00)00019-2
  4. Anselmi L. (2005). Principi e metodologie economico aziendali per gli enti locali. L’azienda comune, Collana di Studi Economico Aziendali E. Giannessi, Milano, Giuffrè.
  5. Buttà C. (1984) Il preordinamento dei processi decisori nelle imprese industriali, CUSA, Milano, Giuffrè.
  6. Bertini U. (1990), Il sistema d’azienda. Schema di analisi. Torino, Giappichelli.
  7. Canziani A. (1987). Le premesse metodologiche della rivoluzione zappiana, in Saggi di economia aziendale per Lino Azzini, Milano, Giuffrè.
  8. Coase Ronald H. (1937). The Nature of the Firm. Economica, Blackwell Publishing, 4 (16), pp. 386-405.
  9. Coda V. (1983). L’analisi delle relazioni di causa-effetto nel governo delle aziende, Finanza Marketing e Produzione, 3.
  10. Colletti N. (1955). Il tempo in economia aziendale, Abbaco, Palermo.
  11. Coller G., Collini P., Frigotto M. L. (2012), Strategia e design del sistema di controllo, Management control, 2, pp. 15-41., DOI: 10.3280/MACO2012-002002
  12. Dagnino G. (2000), Conoscenza, complessità e sistemi di imprese, Giappichelli, Torino.
  13. Davenport T. H. (1993), Process innovation: reengineering work through information technology, Boston, Harvard Business School Press.
  14. Dekker H. C. (2004). Control of inter-organizational relationships: evidence on appropriation concerns and coordination requirements, Accounting, Organizations and Society, 29.
  15. Ezzamel M., Robson K. (1995). Accounting in time: Organizational time-recknoning and accounting practice, Critical Perspective on Accounting, n.6, pp. 149-170., DOI: 10.1006/cpac.1995.101
  16. Faye Borthick A., Roth H. P. (1993), Accounting for time. Reengineering business process to improve responsiveness, Journal of Cost Management, 7, 3, Fall.
  17. Ferrero G. (1968), Istituzioni di economia d’azienda, Milano, Giuffrè.
  18. Ferrero G. (1980), Impresa e management, Milano, Giuffrè.
  19. Giannessi E. (1960), L’azienda di produzione originaria, vol.1, Le aziende agricole, Pisa, C. Cursi.
  20. Giannessi E. (1961), Interpretazione del concetto di azienda pubblica, Pisa, C. Cursi.
  21. Giannessi E. (1969), Considerazioni critiche intorno al concetto di azienda, Milano, Giuffrè.
  22. Ginzberg J. (1980), An organizational contingencies view of accounting and information systems implementation, Accounting, Organizations and Society, pp. 369-382., DOI: 10.1016/0361-3682(80)90036-7
  23. Hassard J. (1991), Aspects of time in organization, Human Relations, pp.105-125., DOI: 10.1177/001872679104400201
  24. Hopwood A. G. (1996), Looking across rather than up and down: on the need to explore the lateral processing of information, Accounting, Organizations and Society, 21, 6., DOI: 10.1016/0361-3682(96)81805-8
  25. Kaplan R. S., Norton D. P. (1996), Balanced scorecard. Tradurre la strategia in azione, Torino, Isedi.
  26. Kulmala H. I. (2003), Cost Management in Firm Networks, Tampere University of Technology, Publications 418.
  27. Lai A. (1991), Le aggregazioni di imprese, Milano, FrancoAngeli.
  28. Mandelbrot BenoÎt B. (2005), Il disordine dei mercati. Una visione frattale di rischio, rovina e redditività, Torino, Einaudi.
  29. Marchi L. (2003), I sistemi informativi aziendali, Milano, Giuffrè.
  30. Marchi L. (2009), Il processo di reporting, in Marasca S., Marchi L., Riccaboni A., a cura di, Controllo di gestione. Metodologie e strumenti, Arezzo, Knowità.
  31. Marchi L., Paolini A., Quagli A. (2003), Strumenti di analisi gestionale. Il profilo strategico, Torino, Giappichelli.
  32. Mintzberg H. (1973), The nature of managerial work, New York, Harper & Row.
  33. Morin E. (1993), Introduzione al pensiero complesso, Milano, Sperling & Kupfer.
  34. Nicolò D. (2006), Segment reporting and IAS 14: Toward a theory, Proceedings of the Conference: Emerging issues in international accounting & business conference 2006, vol 2, Univeristy of Padua, Padua, CLEUP sc (ed), pp. 665-676.
  35. Nicolò D. (2009), Il reporting per segmenti e l’informativa settoriale secondo l’IFRS 8, Giuffrè, Milano.
  36. Nicolò D. (2009), Internationalising business and space-time segmentation in reporting by geographical area, Proceedings of the 6th Conference of the italian Chapter of AIS Achieving Fusion in the Interconnected World. Exploring the connection between organizations and technology, Olbia, Ottobre 2-3, 2009, p.1-8, Olbia.
  37. Nicolò D. (2011), Segment reporting and consolidated financial statement for italian local government, in Osculati F., Nicolò D., Vermiglio C. (2011), Corporatization in Italian local governments: conceptual framework, issues of financial reporting and empirical evidences, Departemental Working Papers, Department of Economics, Business and Statistics at Università degli Studi di Milano. Milano, 8-9 giugno, vol. 2011-34.
  38. Mouritsen J., Bekke A. (1999), A space for time: accounting and time based management in a high tecnology company, Management Accounting Research, 10, 2, pp. 159-180., DOI: 10.1006/mare.1998.0092.
  39. Mouritsen J., Hansen J. e Hansen C. Ø. (2001), Inter-organizational controls and organizational competencies: Episodes around target cost management/functional analysis and open book accounting, Management Accounting Research, 12.
  40. Morin E. (1993), Introduzione al pensiero complesso, Milano, Sperling & Kupfer.
  41. Nandhakumar J., Jones M. (2001), Accounting for time: managing time in project-based teamworking, Accounting, Organization and Society, 26, 3, pp. 193-214., DOI: 10.1016/S0361-3682(99)00051-3
  42. Osborn R. N., Hagedoorn J. (1997), The institutionalization and evolutionary dynamics of interorganizational alliances and networks, Academy of Management Journal, 40, 2.
  43. Parolini C. (1999), The value net: A tool for competitive strategy, Chichester, John Wiley & Sons.
  44. Porter M. (1985), Competitive advantage. Creating and sustaining superior performance, New York, The Free Press, (trad. it.) 1987 Il vantaggio competitivo, Milano, Ed. Comunità.
  45. Porter M. E. e Fuller M. B. (1987), Coalizioni e strategia globale, in M. E. Porter, (a cura di), Competizione globale, Torino, Isedi.
  46. Saita M. (1996), Programmazione e controllo, Milano, Giuffrè.
  47. Silvi R., (1995), La progettazione del sistema di misurazione della performance aziendale, Torino, Giappichelli.
  48. Silvi R., Bartolini, M., Raffoni A., Visani F. (2012), Business performance analytics: level of adoption and support provided to Performance Measurement Systems, Management control, 3, Supplemento, pp. 117-142., DOI: 10.3280/MACO2013-SU3006
  49. Quattrone P., Hopper T. (2005), A ‘time-space odyssey’: management control systems in two multinational organizations, Accounting, Organizations and Society, 30, 7-8, pp. 735-764.
  50. Shank J. K. e Govindarajan V. (1992), Strategic cost management and the value chain, Journal of Cost Management, 5, 4, Winter.
  51. Stalk G. Jr., Hout T. M. (1990), Competing against time: How time-based competition is reshaping global markets, New York, The Free Press.
  52. Takatera S., Sawabe N. (2000). Time and space in income accounting, Accounting, Organizations and Society, 25, pp. 787-798., DOI: 10.1016/S0361-3682(99)00029-X
  53. Thompson J. L. (1976), Organizations in action, New York, McGraw Hill.
  54. Watson D. J. H. (1975), Contingency formulations of organizational structure: Implications for managerial accounting, in Livingstone J. L. (ed.), Managerial accounting: The behavioural Foundations, Columbuus, Ohio, Crid.
  55. Williamson O.E. (1987), Le istituzioni economiche del capitalismo. Imprese, mercati, rapporti contrattuali, Milano, FrancoAngeli.
  56. Zappa G. (1927), Tendenze nuove negli studi di Ragioneria, Discorso inaugurale dell’Anno Accademico 1926-27 nel Regio Istituto Superiore di Scienze Economiche e Commerciali di Venezia, S. A. Istituto Editoriale Scientifico, Milano.
  57. Zappa G. (1950), Il reddito di impresa. Scritture doppie, conti e bilanci di aziende commerciali, terza rist. della seconda edizione, Milano, Giuffrè.
  58. Zappa G. (1957). Le produzioni nell’economia delle imprese, Tomo I, Milano, Giuffrè.

Domenico Nicolò, Monitoring of the sequences and performance in "MANAGEMENT CONTROL" 3/2013, pp. 35-50, DOI:10.3280/MACO2013-003003

   

FrancoAngeli is a member of Publishers International Linking Association a not for profit orgasnization wich runs the CrossRef service, enabing links to and from online scholarly content