Study On The Strategy-oriented Comprehensive Budget Management System

Comprehensive budget management is an important means for enterprise to manage and control its resources,it can not only help the enterprise increase economic efficiency,but also can help to optimize the allocation of resources.In the traditional budget management,budgets are often out of line with strategy,and managers pay more attention to financial targets than some pivotal non-financial targets.Therefore,it is particularly important to build a strategy-oriented comprehensive budget management system.This paper bases on comprehensive budget management.After an overview of related researches,It introduces the basic theories which includes theory of comprehensive budget management,strategic management,and an important tool to link these two theories-Balance Score Card(BSC).By expounding the status quo of China’s comprehensive budget management,the existing problems and the causes of these problems,this paper introduces how to build a strategy-oriented comprehensive budget management system of thought and specific steps,which ranges from selection of budget targets,to drawing up, implementation and adjustment of budget,and build a Key Performance Index(KPI) evaluation system based on BSC.And the KPI evaluation system strengthens the review dynamics of comprehensive budget management, encourages staff to work hard,and at the same time promotes the realization of the strategic targets of the enterprise effectively.Finally,TZ pharmaceutical company as example,this paper analyses the specific problems that the company are currently facing,combines with the related content which was introduced above to build a strategy-oriented comprehensive budget management system for TZ company,and the system has a better effect.Through the research on strategy-oriented comprehensive budget management,there are some conclusions as follows:First,we should consider the internal and external environment to make sure the budget targets have environmental adaptability;Second,we must choose appropriate budget management mode and establishment method according to the actual situation of the enterprise;Finally,we need to focus on the incentive effect of budget evaluation.