Order of implementation for integrated solutions based on drivers Summary
Systems Requirements for Supporting Driver-Based Budgeting Common characteristics of packaged budgeting applications Specific software characteristics for driver-based budgeting Integration with other performance management applications
The Pros and Cons of Driver-Based Budgeting Benefits of driver-based budgeting Downsides of driver-based budgeting Summaryīudgeting for Shared Services How ABC might apply to IT shared services costing Standardized service definitions Options for cross-charging Benefits of using ABC in IT shared services costing and cross-charging Aligning shared services resource with the business needs SummaryĪssessing the Return on Investing in Budgeting Calculating the tangible benefits So what goes into the calculation? Worked example of estimating the organizational cost of budgeting and re-forecasting Accessing the intangible benefits Summary activity-based budgeting Differences between activity-based planning and budgeting and driver-based planning and budgeting Summary Other drivers used in modelling Characteristics of drivers Driver-based budgeting and fixed costs Driver-based budgeting and capacity management Driver-based budgeting vs.
The Limitations of Traditional Budgeting Budgets and rewards Gaming with budgets Basing rewards on relative performance Aligning rewards with the interests of investors Setting targets Executing strategy Managing ongoing business processes Horizontal alignment Managing the business Summaryĭriver-Based Budgeting What is a driver? Different types of driver The Logjam with Re-forecasting Debunking the myths about planning and budgeting Corporate resistance to more frequent re-forecasting Summary When to re-forecast? Rolling re-forecasts How far should you look ahead How frequently should you re-forecast The cost–benefit model of re-forecasting frequency Who should re-forecast? Who to involve in rolling re-forecasts What to re-forecast? Summary Working together to grow libraries in developing countries | | Contents Preface Printed and bound in The Netherlands 07 08 09 10 11
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