Background

Read the statoil case in the course textbook (pages 487-502).

Question 1

Discuss way in which a management model such as Statoils "Ambition-To-Action" Could remedy the Myopia problem.

Question 2

a) Describe and analyze Statoils management model using Merchant and Van der Stedes (2012) terms results controls, action controls, personnel controls, and cultural controls.

b) Describe and analyse Statoils managment model using the "management control package" framework presented in the article by Malmi and Brown (2008)

Question 3

a) Compare Statoils "Ambition-to-Action" system with the beyond budgeting principles. Dose Statoils management model include some additional features or fail to uphold some of the beyond budgeting principles?

b) Discuss possible reasons why the "Beyond Budgeting" approach is still relatively rare outside Europe.

c) Dose the "beyond budgeting" approach have universal applicability, or is it less applicable in some cultural and societal context? Discuss.

d) Statoil stated its "Ambition-To-Action" Journey several years ago. Briefly try to identify some organizational factors that could potentially facilitate or hinder the implementation of such management model.