Budgeting For Managers

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Beyond Budgeting

Author : Jeremy Hope,Robin Fraser
Publisher : Harvard Business Press
Page : 254 pages
File Size : 50,6 Mb
Release : 2003
Category : Administración
ISBN : 9781578518661

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Beyond Budgeting by Jeremy Hope,Robin Fraser Pdf

The annual budgeting process is a trap. Pressured by fixed targets and performance incentives, managers focus on making the numbers instead of making a difference, meeting set goals instead of maximizing potential. With their compensation at stake, managers often resort to deceitful-even unethical-behavior. In the end, everybody loses-the employee, the company, and ultimately the customer. Now, finance experts Jeremy Hope and Robin Fraser reveal the results of an intensive study aimed at fixing the broken budgeting process. They argue that companies must abandon traditional budgeting contracts in favor of a radical new model that links performance measurement to evolving competitive benchmarks-and shifts the firm's focus from controlling employee behavior to delivering customer value. The Beyond Budgeting model is built on the best practices of companies that have successfully revised their centralized planning and budgeting processes. It combines a leadership vision that devolves more authority to operating managers and a finance vision that enables fast decision making through appropriate tools and accessible information. Through vivid examples, Hope and Fraser illustrate how companies can implement these shared visions-and the long-term benefits that accrue from embracing them. Offering a compelling case for breaking free from the budgeting trap, this book paves the way toward making organizations better places to work for, invest in, and do business with.

Budgeting for Managers

Author : Sid Kemp
Publisher : McGraw Hill Professional
Page : 180 pages
File Size : 51,8 Mb
Release : 2002-11-22
Category : Business & Economics
ISBN : 0071416803

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Budgeting for Managers by Sid Kemp Pdf

Now translated into 11 languages! This reader-friendly, icon-rich series is must reading for all managers at every level All managers, whether brand new to their positions or well established in the corporate heirarchy, can use a little "brushing up" now and then. The skills-based Briefcase Books series is filled with ideas and strategies to help managers become more capable, efficient, effective, and valuable to their corporations. Managers in all types of organizations and environments must be able to prepare, or at least understand, a realistic and results-oriented budget. Budgeting for Managersrich in practical techniques and exampleswalks the reader through the entire budgeting process, from basic financial concepts and their use in creating a budget to methods for tracking actual spending.

Beyond Budgeting

Author : Jeremy Hope,Robin Fraser
Publisher : Harvard Business Press
Page : 254 pages
File Size : 53,7 Mb
Release : 2003-02-25
Category : Business & Economics
ISBN : 9781422163252

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Beyond Budgeting by Jeremy Hope,Robin Fraser Pdf

The traditional annual budgeting process--characterized by fixed targets and performance incentives--is time consuming, overcentralized, and outdated. Worse, it often causes dysfunctional and unethical managerial behavior. Based on an intensive, international study into pioneering companies, Beyond Budgeting offers an alternative, coherent management model that overcomes the limitations of traditional budgeting. Focused around achieving sustained improvement relative to competitors, it provides a guiding framework for managing in the twenty-first century.

Budgeting for Public Managers

Author : Swain
Publisher : M.E. Sharpe
Page : 242 pages
File Size : 48,6 Mb
Release : 2015-05-18
Category : Business & Economics
ISBN : 9780765628961

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Budgeting for Public Managers by Swain Pdf

Benefiting from the authors' many years of teaching undergraduate and graduate students and practitioners, here is a clear, comprehensive, practice-oriented text for public budgeting courses. Rather than presenting each budgeting concern in mind-numbing detail, the book offers a commonsensical view of public budgeting and its importance to current and future public managers. The text is designed to show readers how managers relate to budgeting and how their actions make a difference in the operation and performance of public organizations. The book covers the historical development of public budgeting, sources of public revenues, revenue management, budgeting processes and formats, operating techniques, politics within public budgeting, and more. "Budgeting for Public Managers" is concise, clearly written, well illustrated, and grounded in the real-world concerns of public managers. Each chapter concludes with a helpful list of additional reading and resources for readers who want to dig deeper into budgeting practice and application.

The Facility Manager's Guide to Finance and Budgeting

Author : David G. Cotts,Edmond P. Rondeau
Publisher : Amacom Books
Page : 290 pages
File Size : 46,9 Mb
Release : 2004
Category : Business & Economics
ISBN : 0814405622

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The Facility Manager's Guide to Finance and Budgeting by David G. Cotts,Edmond P. Rondeau Pdf

Publisher Fact Sheet The first primer to teach facility managers financial skills that will help them sell their department to senior management, win funds for crucial projects, & to become fully integrated into an organization.

Budgeting Basics and Beyond

Author : Jae K. Shim,Joel G. Siegel
Publisher : John Wiley & Sons
Page : 450 pages
File Size : 44,5 Mb
Release : 2008-12-03
Category : Business & Economics
ISBN : 9780470454350

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Budgeting Basics and Beyond by Jae K. Shim,Joel G. Siegel Pdf

If the very thought of budgets pushes your sanity over the limit, then this practical, easy-to-use guide is just what you need. Budgeting Basics and Beyond, Third Edition equips you with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective. Written by Jae Shim and Joel Siegel, the new edition covers Balanced Scorecard, budgeting for nonprofit organizations, business simulations for executive and management training, and much more!

Performance Management and Budgeting

Author : F Stevens Redburn,Robert J. Shea,Terry F. Buss,David M. Walker
Publisher : Routledge
Page : 368 pages
File Size : 42,9 Mb
Release : 2015-01-28
Category : Business & Economics
ISBN : 9781317462958

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Performance Management and Budgeting by F Stevens Redburn,Robert J. Shea,Terry F. Buss,David M. Walker Pdf

This book provides a fresh look at the process by which governments hold themselves accountable to their citizens for performance. Unlike the plethora of other books in the field, it examines all aspects of the Performance Management and Budgeting issue, not only from the federal, state, and local perspectives, but also internationally in both developing and developed countries.Covering both conceptual and theoretical frameworks in performance management and budget, the book analyzes the effectiveness of different approaches. Featuring insights from a group of distinguished contributors, it ties current performance management approaches into the century-old literature on public sector reform and management, and presents arguments for and against performance management as well as recommendations on how to improve the enterprise.

The Basics of Public Budgeting and Financial Management

Author : Charles E. Menifield
Publisher : University Press of America
Page : 270 pages
File Size : 49,5 Mb
Release : 2013-08-16
Category : Business & Economics
ISBN : 9780761861423

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The Basics of Public Budgeting and Financial Management by Charles E. Menifield Pdf

The Basics of Public Budgeting and Financial Management brings budgetary theory and practice together, filling the void between the two that has existed in the field of budgeting and public finance. This book bridges the gap by providing the reader with applications and exercises that reinforce budgetary theory. Students are given the opportunity to learn various concepts and skills necessary to succeed in the field and the exercises provided in each chapter require application of what is learned. Specifically, students will be exposed to basic budget and finance concepts, public revenue, financial management, risk assessment, cost benefit analysis, and so on. This handbook also provides great tools that allow the user to visually display budgets and other analysis. Students will gain the solid foundation needed to begin work in a budget office. Features of this second edition include enhanced data and optional in-class assignments. For ancillary materials, please contact the author at [email protected].

Financial Management in Academic Libraries

Author : Robert E. Dugan,Peter Hernon
Publisher : Assoc of College & Research Libraries
Page : 0 pages
File Size : 44,5 Mb
Release : 2018
Category : LANGUAGE ARTS & DISCIPLINES
ISBN : 0838989438

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Financial Management in Academic Libraries by Robert E. Dugan,Peter Hernon Pdf

"Financial Management in Academic Libraries explores the connection between financial management and accountability, effectiveness, efficiency, and sustainability, and demonstrates how to capture them in a realistic, data-supported budget. Among the different units of an academic institution, the library has an advantage in that its managers can link these concepts to the library's infrastructure, its staffing, collections, services, and technology. Focusing on these components can enable everyone in the library to work to achieve organizational sustainability over time and advocate for their place in the institution"--Provided by Amazon.com.

Managing Budgets

Author : Stephen Brookson
Publisher : Dk Pub
Page : 72 pages
File Size : 41,9 Mb
Release : 2000
Category : Business & Economics
ISBN : 0789459698

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Managing Budgets by Stephen Brookson Pdf

Practical techniques show you how to prepare and submit a budget forecast, and how to study revenue and control expenditure to achieve targetsClear text and illustrations cover every aspect of planning, negotiating and implementing a budgetSimple checklists enable you to be fully prepared at every stage of the budgeting processAccessible diagrams and flow charts explore different options for action and provide useful examples

Budgeting for Non-financial Managers

Author : Iain Maitland
Publisher : Financial Times/Prentice Hall
Page : 0 pages
File Size : 52,7 Mb
Release : 1997
Category : Budget
ISBN : 0273626817

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Budgeting for Non-financial Managers by Iain Maitland Pdf

Turn your budgeting strategy into a valuable management tool with this step-by-step guide to the complete budgeting process. Written in a clear and accessible style, with plenty of worked-through examples, checklists and tricks of the trade, this book takes you step by step through the whole budgeting process. Whether you are working on revenue or expenditure, this book will provide the answers before, during and after the setting of budgets.

Budgeting for Non-financial Managers

Author : Iain Maitland
Publisher : Financial Times/Prentice Hall
Page : 0 pages
File Size : 54,6 Mb
Release : 2000
Category : Budget in business
ISBN : 0273644947

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Budgeting for Non-financial Managers by Iain Maitland Pdf

This book takes readers step-by-step through the whole budgeting process. It puts together budgets that get the results you want, and, equally important, shows how to adhere to them.

Role and Effects of Budgeting in Managerial Practice

Author : Christoph Butz
Publisher : GRIN Verlag
Page : 41 pages
File Size : 45,6 Mb
Release : 2011-08
Category : Business & Economics
ISBN : 9783640979752

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Role and Effects of Budgeting in Managerial Practice by Christoph Butz Pdf

Seminar paper from the year 2010 in the subject Business economics - Investment and Finance, grade: 1,0, Maastricht University, course: Management Accounting, language: English, abstract: Budgeting is a major area of management accounting and receives a lot of interest from researchers who mainly concentrate their studies on the design of budget schemes and the process of setting budgets. Concerning the use in practice, a survey of senior managers in 219 publicly traded firms indicated that "75 percent thought of the budgetary process as a managerial rather than an accounting function" (Zimmerman, 2009, p. 250). However, the effects of budgets and budget processes on managerial performance and effort are still not clear. This paper aims at providing an overview of a collection of recent research papers to investigate how different types of budgets influence managerial behavior and performance and what implications these findings have for managerial practice. Therefore, in the first section the general role of budgeting in organizations will be described. Next, different types of budgets and budget levels are introduced and their effects on managerial behavior and performance will be examined. Finally, several implications of those effects for managerial practice will be given, before a conclusion wraps up the main points of this report.

Budgeting and Financial Management for Nonprofit Organizations

Author : Lynne A. Weikart,Greg G. Chen
Publisher : Waveland Press
Page : 334 pages
File Size : 52,8 Mb
Release : 2021-08-30
Category : Political Science
ISBN : 9781478649526

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Budgeting and Financial Management for Nonprofit Organizations by Lynne A. Weikart,Greg G. Chen Pdf

A nonprofit’s mission cannot be achieved unless there are resources available to fund it—without a sound financial strategy, a nonprofit cannot thrive. By creating stable financial foundations for their nonprofits, managers take advantage of the nonprofit sector’s size and scope, realize all of the sources and distribution of revenues, and effectively develop fiscal risk assessment methods and apply strategies to mitigate risk. Nonprofit managers must comprehend and efficiently use the financial tools available to them to develop financial policies that will help them to succeed in many types of economies. The Second Edition presents financial concepts in a straightforward format grounded in real examples that are readily accessible to students from any background. The authors provide the groundwork for solid accounting principles and ethical guidelines, define and set standards for internal controls and audits, and explain the ingredients used to measure program performance. Today’s nonprofits must also be aware of the growing scope of the fourth sector of social enterprise, which can inspire nonprofits to be flexible, creative, and innovative in achieving their missions.

Capital Management and Budgeting in the Public Sector

Author : Srithongrung, Arwiphawee,Ermasova, Natalia B.,Yusuf, Juita-Elena (Wie)
Publisher : IGI Global
Page : 379 pages
File Size : 46,5 Mb
Release : 2019-01-11
Category : Business & Economics
ISBN : 9781522573302

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Capital Management and Budgeting in the Public Sector by Srithongrung, Arwiphawee,Ermasova, Natalia B.,Yusuf, Juita-Elena (Wie) Pdf

To create an enhanced quality of life, attract business relocation, and enhance equity in access to public infrastructure, governmental bodies must take certain precautions with their money. Budgeting at such a high level requires careful evaluation and research that addresses every aspect of financial management. Capital Management and Budgeting in the Public Sector provides emerging research exploring the theoretical and practical aspects of long-term capital planning, annual capital budgeting, capital budget execution, and public spending evaluation. Featuring coverage on a broad range of topics such as fiscal federalism, political regime, and project execution management, this book is ideally designed for managers, accountants, professionals, practitioners, and researchers working in the areas of public finance and/or international development.