Books: Integrated Management Control ModelsBy
Management Control with Integrated Planning: Models and Implementation for Sustainable Coordination by Lukas Rieder and Raef Lawson provides an applied, step-by-step approach to integrated planning and control.
One unique feature of this book is that it uses a comprehensive spreadsheet model that’s integrated within and used throughout the various sections.
It will appeal equally to:
- a practitioner in a for-profit or not-for-profit organization tasked with designing and operating an integrated planning framework,
- a consultant looking to design and implement a management control system that meets the customer’s needs,
- an IT specialist wanting to program integrated systems while interfacing with existing operational systems such as enterprise resource planning, or
- a business instructor who’s in the process of designing educational training programs that incorporate integrated planning and control into the curriculum.
The book’s simple-yet-methodical approach and structure, coupled with the embedded spreadsheet simulation exercise that readers could use to implement integrated planning systems, make it a handy guide for anyone interested in pursuing a hands-on, continuous understanding of this area.
Rieder and Lawson, the vice president of research and policy and professor-in-residence at IMA® (Institute of Management Accountants), provide readers with questions and answers and bullet points to explain various key concepts of the integrated management control model. The book features easy-to-follow illustrations, spreadsheet snippets, diagrams, charts, and anecdotes.
This book assumes that the reader has a relatively high level of accounting knowledge and will best appeal to a seasoned finance executive or educator well versed in the language of management control systems, although students and early-career professionals can also use it as a primer. On balance, by presenting and analyzing an applied scenario with a simulation exercise, the book offers compelling insights for readers looking to supplement their existing knowledge base while considering tactics to implement sustainable coordination of integrated planning and control systems.