成本控制和管理.pptVIP

Headquarters Strategic Development ? Identify key issues based on rigorous analysis (3-6 year intervals) ? Communicate issues/priorities to business units ? Communicate planning process to business units 3. Business Plan ? Review plans - realistic? - achievable? ? Set global and regional targets 4. Annual Budget ? Approve budgets Departments Strategic Development ? Input to the above 3. Business Plan ? Write succinct business plans - knowledge - ownership - accountability 4. Annual Budget ? Complete budgets which are integrated to strategic plan Strategic Plan Action steps relating to the next year in the strategic plan will be detailed out in the annual plan Departmental Value Drivers Action steps relating to initiatives identified by departments for the next year Risk Appetite? Parameters: Low vs high tolerance Levers: Firm charter Management culture Management Trust? Parameters: Low vs high trust Levers: Tangible factors management skills / experience new vs experienced personal at positions Individual competency Intangible factors Perceived integrity of budget holder Relationship with upper management Cultured bias Size/scale of firm Parameters: Small vs medium vs large Levers: Need for adequate fiscal governance Avoidance of bureaucracy Common Issues Too much focus on business and financial governance Lack visibility to cost control and performance tracking at budget holder level Management reporting system being: Too frequent Too late to aid decision making Irrelevant and too little synthesis for decision making Too much investment in some areas, too little in others Duplication in data collection and IT resources Insufficient integration Too much focus on financial reporting and too little focus on reporting against key value drivers Best Practices Balance between corporate governance and cost management control Reduction of cost of reporting: Limit compilation of lengthy reports by operating managers Delete low value reports Eliminate duplicatio