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Author:Freeman, T.
Title:Transforming cost management into a strategic weapon
Journal:Journal of Cost Management
1998 : NOV/DEC, VOL. 12:6, p. 13-26
Index terms:Cost accounting
Management techniques
Strategy
Performance appraisal
Companies
Language:eng
Abstract:Cost management is increasingly being used by companies as strategic weapon instead of being used as an internally focused and tactical control system. Individual management techniques are more effective once developed and framed within the context of a larger system of hierarchical relationships and processes. Effective understanding of activities and the resulting costs plays a key strategic role along the various performance dimensions of organizations. In the article, there are exhibits from i.e. Texas Instruments, GTE, Chrysler, TTI, Hewlett-Packard.
SCIMA record nr: 187909
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