||0 of 1 people found the following review helpful.| A New Way of Thinking About Cost|By Mike Fournier|Although this book has now been out about ten years, it is a refreshing viewpoint. Reginald is not a cost management professional but an engineer, and looks at things in a different light. As a cost management professional, I appreciate the concept of explicit costs. He starts out by dissing allocations which scares a lot of|From the Inside Flap|Cost management systems are the foundation for decisions that are made throughout a corporation and therefore have important far-reaching effects. Unfortunately, existing cost management systems typically lead to decision-making that does n
GETTING TO THE BOTTOM OF THE BOTTOM LINE
Traditional cost management systems typically defeat their own purpose by leading corporations to make decisions that ultimately do not optimize performance. These systems are the foundation for decisions that are made throughout the corporation. In order for organizations to increase performance beyond current capabilities, a new approach is needed that addresses issues such as understanding the true impact of various ...
[PDF.ek81] Explicit Cost Dynamics: An Alternative to Activity-Based Costing (Wiley Cost Management Series) Rating: 4.56 (674 Votes)
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