Strategic Cost Management - Research Paper.
Strategic Management - Topics. SIG 13: Strategic Management. The Strategic Management Special Interest Group (SIG) is devoted to promoting state of the art strategic thinking. We encourage dialogue along several interrelated lines of inquiry crucial for increasing scholarly and managerial understanding regarding strategic choice, competitive advantage, adaptation, and long-term performance and.
Strategic cost management techniques are imperative in ensuring the organization achieves a competitive advantage over its competitors. There are various techniques used in management strategic costing, which include value chain analysis, activity based costing, target costing and business intelligence system. These strategic costing systems ensure that an organization gets a competitive.
Keywords: management accounting, management accountant, budget preparer, cost controller, strategic role. 1. Introduction. Hilton and Platt (2011) stated that management accounting is the process of identifying, measuring, analyzing, interpreting and communicating information in pursuit of organization’s goals. Management accounting is.
Strategic Cost Management in the Supply Chain: A Purchasing and Supply. supplier with whom that organization had worked effectively in cost management. The goal of the research was to report on best practices in supply chain cost management from the perspective of purchasing and supply management (PSM), rather than look at a typical case of effective cost management within an organization.
Introduction: trends in strategic management research. Strategic management is a youthful discipline. Its origins date back to the 1960s, with its roots to be found mainly in the seminal publications by Chandler (1962), Ansoff (1965) and Andrews (1971).Since then, it has evolved significantly, becoming an ever more mature and consolidated field within the realm of management.
Strategic cost management takes two forms: structural cost management, which employs tools of organizational design, product design, and process design to build a cost structure that is coherent with strategy; and executional cost management, which employs various measurement and analysis tools (e.g., variance analysis and analysis of cost drivers) to evaluate cost performance. In this chapter.
Strategic Management Tools and Techniques and Organizational Performance: Findings from the Czech Republic Afonina Anna Abstract The purpose of this study is to investigate the current level of strategic management tools and techniques utilization as well as to explore and identify the impact of management tools on or-ganizational performance in the Czech Republic. The research paper is based.