Business Meeting

G M 102

Mananging Responsibility Centres

A.Objectives of the course: 

The objective of the course is to provide an understanding of the challenges in managing responsibility centres and providing tools for managing the same.

B. Target participants

The course is targeted at general managers and aspiring general managers. Managers with around ten years of managerial experience will find the course useful.

C. Duration

15 hours (10 sessions of 90 minutes each) over a period two months

D. Pedagogy

Discussion of underlying principles, concepts and case analysis

E. Session details

Session No                 Topic

1. The concept of responsibility centres – cost centre, profit centre and investment centre

2. Measurement of divisional performance – ROI, EVA and Transfer Pricing

3. Business Valuation - understanding value drivers

4. Business strategy – formulation 

5. Balance Score Card – tool for strategy implementation

6. Capital budgeting 

7. Managing using financial and non-financial ratios

8. Cost and Revenue Management -  beyond relevant costing,  target costing and life-cycle costing

9. Cost and Revenue Management – Activity Based Costing, value chain analysis, and value migration

10. Management control – issues and challenges

F. Course Director and Core Faculty

Name: Asish K Bhattacharyya

Brief profile

Dr. Asish K Bhattacharyya is a Former Professor of IIM Calcutta and Ex-Director of IMT Ghaziabad. He also held the position of the Technical Director in the Institute of Chartered Accountants of India. Before joining academia, he worked for  twenty years in leadership positions in large companies. He holds a  doctoral degree from the Allahabad University. He is a Fellow of the Institute of Chartered Accountants of India. He is a Fellow of the Institute of Cost Accountants of India.  He is an Associate of  the Chartered Institute of Management Accountants (London). His focus areas are Corporate Financial Reporting, Management Accounting and Corporate Governance.