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Activity-Based Management
" What is Activity-based Management and why is it fundamental to success in manufacturing and operations?
Why isn't Activity-based Costing enough?
What are some other issues related to cost management of products and services that I should know about?"
Jeremy Hope, Richard Schonberger, Richard Ludwig, Price Waterhouse, John Miller, John Tracy, Lianabel Oliver, James Brimson, Shahid Ansari
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You'll find in-depth information on the following topics at this site:
activity-based management
activity-based costing
target costing
based management
system activities
costing process
costing model
purposes profit
cost increases
process numbers
motivation improvement
effective change
activity accounting
third wave
product costing
improving profit
budgeting carte
activity-based budgeting
daily operations
management toolbox
next decade
power activity
activity based
power activity based
activity based management
costing activity-based
activity-based costing activity-based
costing activity-based management
four-step building
building block
block activity-based
four-step building block
building block activity-based
block activity-based management
structure your
your management
management system
structure your management
your management system
management system activities
target costing process
feature product
feature product costing
product costing model
managing cost
managing cost increases
manage process
manage process numbers
limits cost
cost motivation
limits cost motivation
cost motivation improvement
barriers effective
barriers effective change
make profit
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Activity-Based Management
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Following are the titles and brief quotes from the Concept Extracts that make up this Book Extract Suite.
Click here to proceed to the full preview.
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The Power of Activity Based Management
"Forward-looking CFOs have known for some time that to help their companies manage mounting competitive pressures, they must find an alternative to traditional methods of cost accounting."
From: CFO; Price Waterhouse; 1997 John Wiley & Sons, Ltd
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Activity-Based Costing and Activity-Based Management
"_Activity-based costing_ is defined as a methodology that measures the cost and performance of activities, resources, and cost objects."
From: Implementing Activity-Based Management in Daily Operations; John Miller; 1996 John Wiley & Sons, Inc.
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The Four-Step Building Block of Activity-Based Management
"Implementing ABM requires a willingess to pursue a strategy for improving the activities of the business."
From: Implementing Activity-Based Management in Daily Operations; John Miller; 1996 John Wiley & Sons, Inc.
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Activity-Based Costing
"Each organization must determine the right approach given its informational needs, the available resources, and the company culture."
From: The Cost Management Toolbox; Lianabel Oliver; 2000 Amacom
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Structure Your Management System on Activities
"Activity accounting improves the accuracy of product costing by tracing activities to products on the basis of usage."
From: Activity Accounting; James Brimson; 1991 John Wiley & Sons, Inc.
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The Target Costing Process
"Without a target costing system, meeting competitive prices and generating acceptable returns on a consistent basis is difficult, if not impossible, in today's environment."
From: Target Costing; Shahid Ansari; 1997 McGraw Hill Professional Book Group
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Feature Product Costing Model
"Attributing cost and value, based on how product/service characteristics impact a process is the most proficient tool available for accurately assigning cost."
From: Driving Value Using Activity-Based Budgeting; James Brimson; 1999 John Wiley & Sons, Inc.
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Purposes for Profit
"Companies that make a profit grow and create new jobs while those that do not make a profit shrink, reduce employment, and in the worst case, close their doors."
From: A Manufacturing CEO's Secret Tips for Improving Profit; Richard Ludwig; 1996 John Wiley & Sons, Inc.
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Managing Cost Increases
"One basic function of business managers, which is not often stressed, is to raise sales prices in an effort to pass along to customers increases in product costs and operating expenses caused by inflation."
From: Budgeting a la Carte; John Tracy; 1996 John Wiley & Sons, Inc.
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Manage the Process, Not the Numbers
"Management by the numbers, by financial metrics, by top-down numeric goal setting is obsolete, passe, ineffective."
From: World Class Manufacturing: The Next Decade; Richard Schonberger; 1996 Free Press
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Limits of Cost as Motivation for Improvement
"Accounting reports are twice or three times removed from real events."
From: World Class Manufacturing: The Next Decade; Richard Schonberger; 1996 Free Press
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Barriers to Effective Change
"Third wave companies will not only need better education for their people, they will require it."
From: Competing in the Third Wave; Jeremy Hope; 1997 Harvard Business School Press
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Key Phrases in this Suite:
activity-based management, activity-based costing, target costing, based management, system activities, costing process, costing model, purposes profit, cost increases, process numbers, motivation improvement, effective change, activity accounting, third wave, product costing, improving profit, budgeting carte, activity-based budgeting, daily operations, management toolbox, next decade, power activity, activity based, power activity based, activity based management, costing activity-based, activity-based costing activity-based, costing activity-based management, four-step building, building block, block activity-based, four-step building block, building block activity-based, block activity-based management, structure your, your management, management system, structure your management, your management system, management system activities, target costing process, feature product, feature product costing, product costing model, managing cost, managing cost increases, manage process, manage process numbers, limits cost, cost motivation, limits cost motivation, cost motivation improvement, barriers effective, barriers effective change, make profit, Jeremy Hope, Richard Schonberger, Richard Ludwig, Price Waterhouse, John Miller, John Tracy, Lianabel Oliver, James Brimson, Shahid Ansari Books at MeansBusiness by: Jeremy HopeBooks at MeansBusiness by: Richard SchonbergerBooks at MeansBusiness by: Richard LudwigBooks at MeansBusiness by: Price WaterhouseBooks at MeansBusiness by: John MillerBooks at MeansBusiness by: John TracyBooks at MeansBusiness by: Lianabel OliverBooks at MeansBusiness by: James BrimsonBooks at MeansBusiness by: Shahid Ansari
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Activity-Based Management Jeremy Hope, Richard Schonberger, Richard Ludwig, Price Waterhouse, John Miller, John Tracy, Lianabel Oliver, James Brimson, Shahid Ansari activity-based management, activity-based costing, target costing, based management, system activities, costing process, costing model, purposes profit, cost increases, process numbers, motivation improvement, effective change, activity accounting, third wave
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