Below is a sample done by us. The task was to analyse these academic journal.
According to the journal article Strategic management accounting and strategy practices within a public sector agency, it is revealed that the empirical research of SMA (SMA) has not paid sufficient attention to methods where strategizing takes place (Cuganesan, Dunford, & Palmer, 2012). Besides, research of the concept of SMA has previously overlooked the significance of strategy within the public sector and the consequent specificities within the context likely to challenge the current knowledge of the approaches that constitutes SMA. The role of SMA is conducted through a longitudinal study of Alpha.
The journal article has established the purpose of SMA practices to surpass the recognised roles of decision influencing and decision facilitation. A primary contribution is the provision of specific ways through which management accounting constitutes strategising using particular organisational practices. Further, the findings revealed that SMA approaches used in strategising by entities within the public sector are used to offer an important counterpoint to the orientations in private sector. However, the author outlines clear directions that can rebalance the SMA study agenda. Lastly, a limitation is that due to the nature of Alpha operations, confidential information is not evaluated.
The Journal article stated that Alpha was established to battle organised crime at the national level. The portfolio of activities associated with security of the society required Alpha to collaborate and operate alongside with other the law enforcement institutions (Cuganesan, Dunford, & Palmer, 2012). Alpha used various agencies containing particular investigatory interest and function. Therefore, Alpha was the main component of the broad network with multiple partners with different interests on organised crime. Additionally, the diversity and number of network partners that Alpha coordinated with resulted in complexity within the organisation network. Alpha adopted a SMA approach to address the complexity network.
Inadequate clarification concerning the role within a complex network environment characterised with packed work menu steered with strategic directions and diverse interests became challenging for Alpha because of the consequently decreased budgetary allocation. Nonetheless, Alpha indicates various operations and activities that target organised and serious crime need to be revisited to reduce crime rates. It is revealed that people manage their resources more efficiently when there is a scarcity of resources. Therefore, limited resources translate into a form of deciding factor for individuals to interpret their priorities and strategies within an organisation. Alpha experienced some pressures from the diversity in stakeholder interests that influence the strategic process through the institutional arrangement.
In Alpha scenario, their strategy offered formal recognition and reaction to the challenges faced by the organisation. The journal article focuses on the distinct abilities of Alpha that reinforce its function through an extensive network. Main benefits declared for strategy summarised the clarity associated with Alpha function and the close integration within network alongside a more aligned and focused organisation. Another benefit for Alpha is the idea of sustainable future that involves improved relevance and reputation, and an enhanced acknowledgement of their network partner requirements (Cuganesan, Dunford, & Palmer, 2012). By acknowledging their partner’s needs, it gives them a clearer view of the organisation goals.
The article indicates the importance of an organisation need to understand the way resources are consumed through the SMA. By understanding, the availability of resources in capability areas helps the manager to improve its decision making. As a result, the governing committee can focus its priority more effectively on reaching its organisation goal. With the help of ‘Value chain cost’, the management can ensure that all operations would progress smoothly. Also, an improved strategy can help to identify if any value is added to their networks partners.
The Journal also mention on using monitoring and controlling practices to control its network partners. Alpha did it by surveying all the stakeholders. Survey data helps Alpha to build strategies aligning to their network partner’s needs.
In conclusion, the major contribution of the journal article is how SMA benefits an organisation, and it’s partners. The results surpassed the process of well-established decision facilitation and decision-influencing roles of the SMA. Besides, the journal article built its findings based on existing interests on ways SMA revealed the different scenarios that could occur. Lastly, the SMA approaches were found useful in counteracting the complex orientation within the organisation by providing forward-looking indicators. Alpha offers rich insights and data in the function of SMA. However, more comparative case studies need to be conducted across multiple organisations to establish whether the benefits of SMA is valid for other organisation.