IAFEI Quarterly - Special Edition 2015

NTERNATIONAL

BSERVATORY OF

ANAGEMENT

ONTROL

Presentation of the International Observatory of Management Control

The International Observatory of Management Control was launched at the end of 2010 by the DFCG (

Association

Nationale des Directeurs Financiers et de Contrôle de Gestion

, the French Financial Association) in partnership with the

consulting firm

Decision Performance Conseil.

The purpose of this Observatory is to increase understanding of the activities, processes, and methods used by

management controllers all over the world.

In the current crisis environment, management control faces numerous challenges as it aims to help people

understand an increasingly complex world and increasingly volatile markets, assess varied activities and performance,

and meet the mounting expectations of financial managers and general managers.

Management control has thus become more central in the company: it is expected to make the link between

opeƌatioŶal ŵaŶageŵeŶt aŶd the ĐoŵpaŶǇ’s peƌfoƌŵaŶĐe, to iŵpƌoǀe the ĐoŵpaŶǇ’s fleǆiďilitǇ iŶ

an ever-changing

environment, and to support innovation in fast-moving markets.

Using an online survey of respondents of 29 different nationalities, relayed by partner associations, the 2015

Observatory workgroup has examined various management control practices, conducted assessments, and compared

them with prior results. Finally, the workgroup prepared a complete analysis of practices and trends in the

management control profession across the world.

The results of earlier editions aroused great interest and were included in several presentations and publications. The

2015 conclusions are presented at the IAFEI worldwide congress in Milan and the

DFCG ͞FiŶaŶĐiuŵ͟ ĐoŶgƌess.

The workgroup, chaired by Frederic DOCHE, chairman of the DFCG Management Control and chairman and founder of

Decision Performance Conseil

, wishes to illustrate the analysis with testimonies provided by senior professionals in

management control positions. We are grateful to all those who accepted an interview and gave us their time and

their valuable contribution to help us make this 2015 edition more dynamic and more meaningful.

INTERNATIONAL PARTNERS

ANDAF (Italy)

CFO Club (Slovakia)

COGEREF (Tunisia)

FEI (USA)

FINEX (Philippines)

FINEXA (Poland)

GEFIU (Germany)

JACFO (Japan)

IAFEI (International)

IHM (Greece)

IMA (USA)

IMEF (Mexico)

OPWZ (Austria)

PAFE (Portugal)

Russian Club of Financial

Directors (Russia)

SAIBA (South Africa)

DFCG (France)

IAFEI Quarterly | Special Issue | 4