08 May HOW CAN MANAGERS DESIGN ‘GOOD’ PERFORMANCE MEASURES IN ORGANISATIONS?
‘Good’ performance measurementIntroductionOverview:The aim of the individual assignment is to develop your skills in communicatingabout how organisations can effectively measure performance. You will prepare anessay discussing one of the criteria of ‘good’ performance measurement (you have achoice of 3 listed in this guide) and its relevance to real-world practices. Also to helpimprove your written communication you will engage in a meaningful drafting analysis and reflective exercise in preparing your final submission. You will beassessed on the quality of the final essay as well as your process in producing it.Objectives:This task relates to the following subject objectives: Critically analyse the institutional organisational and individual influences onmanagement accounting systems Form professional judgments about the appropriateness of the design andoperation of management accounting systems Apply theory to design management accounting systems in real-worldorganisational contextsThis assessment also enables the evaluation of the following program objectives: Convey information clearly and fluently in high quality written formappropriate for their audience (3.1) Individual assignment componentsThere are two main components to this assignment1) Essay (20 marks in total for substantive content form and structure):How can managers design ‘good’ performance measures in organisations?Prepare an essay addressing this question focusing on the following criteria of ‘good’performance measurement: Validity Substantive content (15 marks):1. Describe the nature your chosen criterion and explain its relevance toperformance measurement. Your essay should provide the reader with a clearunderstanding of what your chosen criterion means in relation to performancemeasurement (e.g. what does ‘valid’ performance measurement mean?) and why this is an important consideration. Your essay should contain referencesto relevant academic literature about your chosen criterion.2. Explain how organisations can achieve this criterion in designingperformance measures. Your essay should provide clear insight into howmanagers can ensure performance measures meet this criterion (e.g. how canthey ensure valid performance measurement). Your essay should contain atleast 3 references to the relevant academic literature supporting yourarguments.3. Illustrate using real-world examples. You should illustrate your essay withexamples from the real-world. You may choose to refer to a single detailedexample or several smaller examples. Your examples do not have to be limitedto corporate business settings but can extend to anything relevant toperformance measurement. Your ‘real-world’ example/s are not to be from peerreviewed journal articles or educational cases. Form and structure (5 marks):Written communication. Your essay should be written so that it easy to read andunderstand Writing reflectionAccompanying your final essay you are required to submit a ‘writing reflection’accounting for how you improved the written communication in your essay.This account should address the following issues:- What tools and resources did you use?- How did you use these tools and resources to improve the writtencommunication of your essay? (HINT: Try to be as specific as possible inmaking clear the link between your use and interpretation of the feedbackfrom these tools and the improvements you made to your essay)- In your opinion how helpful do you think these tools and resources areimproving written communication? (HINT: You can write about your personalexperience in using the tools your intentions about how you might use theseagain or what recommendations or advice you would make to others aboutusing these tools or resources etc.)
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