Every manager is responsible for cost and performance management inone form or another. This book provides an unbiased survey andexplanation of the cost and performance management approaches andmethods currently available for application in business. Topicscovered include cost management and performancemanagement/measurement options including ABC/M, Total QualityManagement, Supply Chain Management, and Balanced Scorecard. Contrasts with managerial accounting textbooks, which tend to beconceptual and theoretical and not easily adaptable to practicalsituations. Assists readers in choosing the best approach or blend of methodsto address specific business problems. Supports learning throughreal-world applications. Provides a complete presentation of field-tested cost managementand performance management/measurement options.
Autorentext
CATHERINE STENZEL, MST, MBA, and JOE STENZEL, MD, are full-time ontologists and editors in chief of the Journal of Cost Management, a bimonthly RIA Group periodical. They are also co-directors of Genesis Organizational Diagnostics, which provides cost and performance consulting services focused on government, healthcare, and higher education. Joe, a board-certified pediatrician, has worked with the Juran Institute to develop a quality measurement and management model for large urban medical centers.
Klappentext
Techniques for Integrating Cost and Performance Workto Create Increased Value at Each Level of an Organization
Measurable, sustainable improvements in cost and performance management require more than just isolated methodologies or slogans of the week. They require committed, involved leadership, adaptable systems, and an understanding that cost reduction and performance improvement work best when they work together.
From Cost to Performance Management provides application-based guidance for melding the best of today's cost and performance management methods into a unified cost/performance approach that fits your organization's needs, readiness, and identity. This well-rounded resource explores:
- Shortcomings of existing change and growth management perspectives
- New methodologies and mindsets for tracking valuable resources that create long-term wealth
- Organizational development examples from today's most progressive companies
Cost continues to be the prime strategic mover in most organizations; unfortunately, it can lead to unclear, unsatisfying performance initiatives and decisions. From Cost to Performance Management reveals how cost and performance can instead be aligned to create one overriding imperativea cost/performance approach designed to maximize long-term potential as it minimizes friction and confusion within each layer of an organization.
"Gaining and sustaining competitive advantage begins with the knowledge of how a firm's resources can be leveraged to create outstanding value for its stakeholders. The Stenzels insightfully analyze and integrate the vast literature in cost management, detailing how a company can turn mundane costing data into the knowledge required to achieve this superior level of performance. It belongs on every manager's 'must read' list."
Dr. C. J. McNair, Professor of Management Accounting, Babson College
Zusammenfassung
Every manager is responsible for cost and performance management in one form or another. This book provides an unbiased survey and explanation of the cost and performance management approaches and methods currently available for application in business. Topics covered include cost management and performance management/measurement options including ABC/M, Total Quality Management, Supply Chain Management, and Balanced Scorecard.
Contrasts with managerial accounting textbooks, which tend to be conceptual and theoretical and not easily adaptable to practical situations.
Assists readers in choosing the best approach or blend of methods to address specific business problems. Supports learning through real-world applications.
Provides a complete presentation of field-tested cost management and performance management/measurement options.
Inhalt
Preface.
1. Developmental Discipline In Cost and Performance Management.
2. Cost Management: Control and Profitability.
3. Cost Types: Early Communication Attempts.
4. Standards, Budgets, and Forecasts: Learning to Compare and Coordinate.
5. Operational Resource Accounting: Learning New Rules and Roles.
6. Processes, Activities, and Resources: Shaping Organizational Identity.
7. Intentional Tactics: Patterns, Participation, and Performance.
8. Quantum Strategy: Release, Reliance, and Reversal.
9. Accounting for the Common Wealth.
Appendix A: The Basic Components and Terminology of a Traditional Income Statement.
Appendix B: A Simplified Traditional Balance Sheet Format.
Appendix C: Analysis with a Purpose.
Appendix D: ABM Concepts and Terms.
Appendix E: Recommended Reading.
Glossary.
Endnotes.
Index.