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A Closed-Loop Strategy Execution System

Six Disciplines

Strategy implementation, in turn, links strategy to operations with a third set of tools and processes, including quality and process management, reengineering, process dashboards, rolling forecasts, activity-based costing, resource capacity planning, and dynamic budgeting. Discipline IV. Work The Plan ). Discipline IV.

System 98
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A Closed-Loop Strategy Execution System

Six Disciplines

Strategy implementation, in turn, links strategy to operations with a third set of tools and processes, including quality and process management, reengineering, process dashboards, rolling forecasts, activity-based costing, resource capacity planning, and dynamic budgeting. Discipline IV. Work The Plan ). Discipline IV.

System 85
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The Transformed Map of a Recovering Management Accountant

Deming Institute

Manage a Living System, Not a Ledger” ), Johnson explains that better cost information, such as activity-based costing (ABC) , will not provide a long-term method of reducing manufacturing costs. The focus must be on managing work activities as components of an ecosystem.

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Don't Anesthetize Your Colleagues with Bad Writing

Harvard Business Review

It may be convenient to refer to COGS instead of spelling out "cost of goods sold." Readers find acronyms tiresome, especially ones they're not familiar with. Use them judiciously.

VBM 14
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Master the PRIMES

Leading Blog

Fixing involves corporate improvement programs like Activity Based Costing, Six Sigma and others.”These The distinction between fixing or creating is important and requires a different approach. What kind of problem are you trying to solve? Fixing is about making a better, faster, cheaper past.

Six Sigma 284
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Zero-Based Budgeting Is Not a Wonder Diet for Companies

Harvard Business Review

In comparison to other methods (such as Six Sigma or activity-based costing), ZBB typically does not address operational excellence in core processes (marketing, sales, supply chain, procurement, manufacturing) or fundamental cost drivers such as portfolio complexity, organizational complexity, customer complaints, and quality issues.

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There's a Way to Win the Showdown with Your Customer

Harvard Business Review

Then along came a wave of tools such as activity-based costing for figuring out each product's value to the company, and a lot of those offerings got washed away. And for good reason: Some of them were costing your company a bundle and weren't paying for themselves. Let me explain.