2024-2025 / FINA0061-1

Business Modeling, Control and Planning

Duration

30h Th

Number of credits

 Master in management engineering, professional focus in sustainable performance management5 crédits 

Lecturer

Didier Van Caillie

Language(s) of instruction

English language

Organisation and examination

Teaching in the second semester

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

This course puts into practice the key models and techniques used to model how an organization's overall value is created and how to make it more sustainable. It focuses on the organization's strategic planning from the perspective of optimizing its sustainable performance and long-term reliability, and shows which tools and models it can use to ensure that it achieves its goals over the long term.

It covers 3 topics:

- How does an organization create value?

- How is value harvested?

- How can it be controlled and made sustainable over the long term?

Each of the 3 topics is prepared and presented by groups of no more than 4 students.



At the same time, as they progress through the various stages of the course, these groups design, structure and then defend an original entrepreneurial project, structured on the basis of the models seen in the course (Value Proposition Design and Business Model Canvas models, holistic sustainability model) and integrating the basic principles of Frugal Innovation in a circular economy logic.

Learning outcomes of the learning unit

  • Strengthening knowledge and understanding of basic management disciplines in order to use them to perform a rigorous analysis of a management situation and provide pertinent solutions
  • Gaining the knowledge and understanding of one of the following fields: performance management systems and risk management and being able to mobilize them in order to solve concrete management problems or cases
  • Capacity to research autonomously and methodically the information needed to solve a complex, transversal management problem, to perform a rigorous analysis of it and to suggest pertinent solutions
  • Ability to use modelization methods in the fields of performance management and reliability optimisation when seeking a solution for a concrete management problem
  • Providing concrete solutions to a management problem, integrating a dimension of technology, innovation, change or production
  • Being capable of professional practical working
  • Developing a critical sense (arguing)
  • Developing a transversal, global vision
  • Creative conception of solutions
  • Professional capacity for oral and written communication
  • Faced with a management problem, suggesting solutions that are ethical and socially responsible and that respect the principles of good governance

Prerequisite knowledge and skills

Prerequisites :


  • Management accounting
  • Management control
 

Planned learning activities and teaching methods

Students, in their groups, implement the main tools and models presented in the course and integrate them into an original personal entrepreneurial project.

Mode of delivery (face to face, distance learning, hybrid learning)

Blended learning


Further information:

The course is organized in 3-hour sessions. These sessions consist of the presentation and discussion of the various tools used during the course.

Five individual coaching sessions are also organized to monitor the gradual progress of the personal entrepreneurial project.

The course is held on the dates and at the locations communicated on the University's official channels.

Course materials and recommended or required readings

All the necessary resources are available here :
https://lola.hec.uliege.be/course/view.php?id=290
 
 

Exam(s) in session

Any session

- In-person

oral exam

Written work / report

Continuous assessment


Further information:

3 topics presented: 30 %
Personal entrepreneurial project presentation and defense report (including peer review): 50%.
Transversal personal pitch for individual business project defense: 20%.

Work placement(s)

Organisational remarks and main changes to the course

See http://lola.hec.uliege.be/course/view.php?id=312

Contacts

Teacher :
Prof. D. Van Caillie, D.VanCaillie@uliege.be

Assistant :

Mrs Louise Colling, louise.colling@uliege.be

Association of one or more MOOCs