Research On The Management Of Strategic Total Budget

With the economic globalization trend getting faster day by day, modern corporations are faced with the competition and challenge coming from international market and internal market. In order to survive in the furious environment, the strategy of company is being given more and more emphasis by the enterprisers. At present, corporation is entering the era of strategical management. Not only the strategical management can help enterprisers clarify the entrepreneurial orientation construction, but also it can be used as a implement linking the entrepreneurial orientation construction to performance. Generally speaking, the establishment of the strategic target is too highly generalized and abstract, the way to decompose the main index of the business enterprise into the process of business target requiring the total budget to carry out. Therefore, as an important component of the enterprise management system, the strategy-oriented comprehensive budget management system has become the new strategy management as well.In practical operations of traditional budget management, the budget is often out of touch with strategy and non-financial indicators, which resulted in a strategic limited budget. Therefore, for the sake of meeting the enterprise strategy, it is very necessary for corporation to practice the management of strategical total budget.First of all, the thesis expounds the connection between strategy and budget management and explains the vital significance of the strategy-oriented comprehensive budget management system. Secondly, the thesis dissertates how to build up the strategy-oriented comprehensive budget management system, including the principles and organizing structure of the strategy budget, compiling, executing, controlling and evaluating the strategy-oriented comprehensive budget. In addition, budget management tool of BSC and Activity-Based budget are adopted in the strategy-oriented comprehensive budget management system, which creates an effective link between strategy and budget that allows perfection to the strategy-oriented comprehensive budget.Finally, the thesis chooses a case of the bus station of BAODING to analyse the shortage of comprehensive budget management and uses the theory of the strategy-oriented comprehensive budget management to improve budget management.