2020-2021 / FINA0061-1

Business Modeling, Control and Planning

Duration

30h Th

Number of credits

 Master in business engineering (120 ECTS)5 crédits 

Lecturer

Didier Van Caillie

Language(s) of instruction

English language

Organisation and examination

Teaching in the second semester

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

This course presents the main models and techniques used to model how an organization is performing, both from an internal perspective and in an external strategic perspective and to elaborate and implement an adequate Internal Control System allowing to guarantee its future control in a short-, middle- or long-term perspective. It focuses on the one hand on the techniques used to represent an organisation  from an internal and a strategic perspective and to model its Business Processes and on the other hand on the elaboration of an efficient control system  really adapted to the design of the organization. It is subdivided into 3 different complementary modules : - The first one is dedicated to the modelization of the organization based on the Porter's Value Chain Model, on the "Business Model CANVAS" and on the GRP Model, including the identification of its main key business processes and activities in a Business Process Management perspective. A special focus is made on the interactions between the organization and its main clients, suppliers and controllers. -The second one is dedicated to the techniques used to model value creation flows and their control (either organizational, commercial, financial or information flows). - The third one is focused on the internal control of the organization and to the implementation of an adequate Enterprise Risk Management process adapted to the risks it confronts daily.

Learning outcomes of the learning unit

The Intended Learning Outcomes addressed by the course are :

  • Strengthening knowledge and understanding of basic management disciplines in order to use them to perform a rigorous analysis of a management situation and provide pertinent solutions, including the appraisal of information flows.
  • Gaining the knowledge and understanding of the following fields: management control systems, business information systems and risk management and being able to mobilize them in order to solve concrete management problems or cases.
  • Capacity to research autonomously and methodically the information needed to solve a complex, transversal management problem linked to information flows and their impact on performance, to perform a rigorous analysis of it and to suggest pertinent solutions
  • Understanding and being capable of using modelization methods in the fields of business information modelling, performance management and risk management when seeking a solution for a concrete management problem
  • Providing concrete solutions to a management problem, integrating a dimension of technology & innovation
  • Being capable of professional team work
  • Developing leadership through the group work and through the use of the EFQM Model as a reference for work.
  • Developing a critical sense (arguing)
  • Developing a transversal, global vision
  • Creative conception of solutions
  • Professional capacity for oral and written communication
  • Faced with a management problem, suggesting solutions that are ethical and socially responsible and that respect the principles of good governance

Prerequisite knowledge and skills

Prerequisite (basics and principles) :

  • Management Accounting
  • Management Control
The course is taught in English.

Planned learning activities and teaching methods

Students are grouped in teams and apply the 2 following steps successively, i.e.
- Presentation of the basic principles of the themes covered during the course :

  • Modelization of the Value Chain, with key processes and activities
  • Modelization of the strategy based first on the use of the Business Model CANVAS and then on the GRP Model
- Proposition of tools, procedures and controls allowing to increase the performance of the internal control system in a perspective of continuous performance improvement.

Mode of delivery (face to face, distance learning, hybrid learning)

The course is organized in 10 sessions of 3 hours, organised around presentations or around a discussion with every work group.
Pratical aspects of each session are adapted to the Covid context.

Organisational adjustments related to the current health context

Evaluation process valid for code "yellow color" and "orange color"

Recommended or required readings

See the Lola Campus of HEC School of Management.

Assessment methods and criteria

Below you will find information on the evaluation methods planned for in-person and remote exams as well as those planned for hybrid sessions. Depending on how the health crisis evolves, the chosen method will be communicated to you no later than one month before the start of the exam session.

- Public defense of the results obtained via the application of the tools discussed during the course : 60 points (60% individual) including a peer evaluation - Individual oral exam in order to validate the competences and know-how acquired : 25 points (100% individual)
Relative weighting of individual assessment : 76 %

Work placement(s)

Organizational remarks

All necessary supports are available here :
http://lola.hec.uliege.be/course/view.php?id=290

Contacts

Teacher : Prof. D. Van Caillie, D.VanCaillie@ulg.ac.be