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Management control systems in Self Storage - A describing analysis of management control systems in Premiere Self Storage, Canada

Johansson, Martin and Moore, Matthew (2009)
Department of Business Administration
Abstract
In a time full of environmental changes the need for understandings of the operational work and services, the control of the business and key figures, and flexibility to adapt to different circumstances is crucial in many organizations. In a time where national borders are getting more and more invisible and where the humans are traveling and moving more than ever it is even more important to have a good working control over the businesses. As the traveling and the moving abroad are increasing so are also the needs for safe and smooth storage. The idea of building self storage businesses was first found in the USA but has now been popular even in Europe and the rest of the world. With a growing market and increasing competition the control... (More)
In a time full of environmental changes the need for understandings of the operational work and services, the control of the business and key figures, and flexibility to adapt to different circumstances is crucial in many organizations. In a time where national borders are getting more and more invisible and where the humans are traveling and moving more than ever it is even more important to have a good working control over the businesses. As the traveling and the moving abroad are increasing so are also the needs for safe and smooth storage. The idea of building self storage businesses was first found in the USA but has now been popular even in Europe and the rest of the world. With a growing market and increasing competition the control systems in these organizations is really important. Components such as budget, maintenance, and investment are depending on the strategy of the organization and are also linked to the management control systems in the organization. Regarding the complexity in a management control system and all the components within the system it can cause major problems if it is not working in the way it is built for, to achieve goal congruence. Due to the complexity it can also be difficult to find where the problem is located and therefore many companies do have a dysfunctional management control system without knowing it. A company with a dysfunctional management control system risks to loose market shares only due to the redundant information gathered. Not only does a dysfunctional management control system affect external circumstances for an organization, it can also ruin the internal workforces in a slow but steady way. The aim of this thesis is to describe and analyse the strengths and weaknesses of a company’s management control system in the self storage business and to discuss actionable recommendations. (Less)
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author
Johansson, Martin and Moore, Matthew
supervisor
organization
year
type
H1 - Master's Degree (One Year)
subject
keywords
personnel controls, action, Management accounting and control, results, Management of enterprises, Företagsledning, management
language
Swedish
id
1437408
date added to LUP
2009-06-08 00:00:00
date last changed
2012-04-02 17:27:01
@misc{1437408,
  abstract     = {In a time full of environmental changes the need for understandings of the operational work and services, the control of the business and key figures, and flexibility to adapt to different circumstances is crucial in many organizations. In a time where national borders are getting more and more invisible and where the humans are traveling and moving more than ever it is even more important to have a good working control over the businesses. As the traveling and the moving abroad are increasing so are also the needs for safe and smooth storage. The idea of building self storage businesses was first found in the USA but has now been popular even in Europe and the rest of the world. With a growing market and increasing competition the control systems in these organizations is really important. Components such as budget, maintenance, and investment are depending on the strategy of the organization and are also linked to the management control systems in the organization. Regarding the complexity in a management control system and all the components within the system it can cause major problems if it is not working in the way it is built for, to achieve goal congruence. Due to the complexity it can also be difficult to find where the problem is located and therefore many companies do have a dysfunctional management control system without knowing it. A company with a dysfunctional management control system risks to loose market shares only due to the redundant information gathered. Not only does a dysfunctional management control system affect external circumstances for an organization, it can also ruin the internal workforces in a slow but steady way. The aim of this thesis is to describe and analyse the strengths and weaknesses of a company’s management control system in the self storage business and to discuss actionable recommendations.},
  author       = {Johansson, Martin and Moore, Matthew},
  keyword      = {personnel controls,action,Management accounting and control,results,Management of enterprises,Företagsledning,management},
  language     = {swe},
  note         = {Student Paper},
  title        = {Management control systems in Self Storage - A describing analysis of management control systems in Premiere Self Storage, Canada},
  year         = {2009},
}