Please note that we have slightly shifted the time slots and rooms for our lecture Managing Growth: Organizational Design and Financial Management in order to reduce conflicts with other courses:

The lecture/excercise will now take place in the first term weekly on Wednesdays, from 12 p.m. to 4 p.m. in room J 490. On Wednesday, May 13, 2020, there will not be any lecture due to the Symposium Oeconomicum. Therefore, we have scheduled another lecture on Monday, May 18, from 2 p.m. to 6 p.m. in room S 2.

Last Thursday, the Chair of Management Accounting & Control was pleased to welcome Stefan Schnell, Head of Group Reporting and Performance Management at BASF, for his guest lecture on the current trends, obstacles and solutions in the domain of management accounting. Stefan Schnell did not only outline the current challenges within the finance department but explained in detail how BASF was, is and will be coping with the ongoing digitization of the management accounting domain.

To conclude this year's Performance Management & Strategy Execution lecture, Dr. Dieter Kahling, Corporate VP Group Financial Controlling at Henkel, held a guest lecture on the change in corporate culture under the former CEO Kasper Rorsted and Henkel's subsequent improvement in operational and financial performance. With various examples Dr. Kahling demonstrated how a rigorous execution of the new strategy enabled Henkel to evolve from the "happy underperformer" to market leader positions and further pointed out current challenges in Henkel's strategy.