Study On The Application Of Strategic Cost Management In Commercial Bank

With the openness of domestic financial market has been further acceleration,domestic commercial banks are facing not only many opportunities but also the increasingly tough challenge than ever before. In our country there are so many commercial banks suffering from ideal operation result,one of the most important reasons is that the banks are lack of perfect strategic cost management. As a result,cost management cannot meet the needs competition strategy, which makes the banks lose long-term sustainable development ability. We set forth the deep application research of strategic cost management in the commercial bank in order to improve its competition and sustainable development ability.This paper regards SCM theory as guide, linking the status of commercial banks' cost management, probes how to manage and help the commercial banks to create the competition advantage with cost management as the temporary lodging to serve the development of the commercial banks. In order to improve the value of this paper, the paper selects strategic cost management's Shank model, which is most perfect, manages to analyze strategic cost through the application of analytic tools (Value chain analysis, Strategy position analysis, Strategy cost drive analysis), attempts to create and keep competition advantage of commercial banks with this realization. Finally, the pape points out the problems which should be pay attention and appraise the application of strategic cost management in commercial bank.