Guest Lecture Report MBA SY SEM-4, BATCH: 20-22’ Expert Lecture Topic: Practical Applications of MCS Lecture Date: 08/06/2022 Lecture Venue: Offline Mode (NCM Building) Speaker / Facilitator: Prof. Sanjay Yajnik Report Prepared By: Vrunda Chawala, Yesha Khatri Covered Topics: 1. MCS Basic concepts Techniques of management control Behavioral considerations Understanding concepts using various examples of profit & loss account, PIN (Performance Index Number) and Repairs & maintenance. 2. Control System of HR & Accounts 3. Some practical examples of such recurring activities like daily and monthly Meetings, town hall meetings, SOPs 4. Goal Congruence and organization culture. Eg. Mahindra & Mahindra co. 5. Systems Employee morale Employee morale and GMP Deming Prize Organization culture and management style 6. The Formal control process ...
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