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Expert Lecture on Management Control System

 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 chart



7. Responsibility centers with example 

8. Budgeting 

9. Examples of management control

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