Strategy Oriented Optimization Research Of The Comprehensive Budget Management

Overall budget management is a very important management measure in the sustainable development strategy of modern enterprises,however,at present,most enterprises especially the concept and model of small and medium-sized enterprises in this field are still relatively backward and it's even a blind area for some companies.Generally the most prominent problem with Chinese enterprises is the failure to integrate the overall budget management with strategic development of the enterprise,excessive pursuit of short-term economic benefits while ignoring medium and long-term development goals.When compiling the implementation of overall budget management,the lack of thinking that the budget management and development strategy should be regarded as a mutually reinforcing and symbiotic entity,which has led to a disjointed relationship between the two.Therefore,integrating the strategy as a guide into the overall budget management,building a perfect and mature management system,making the overall budget management become a "weapon" to promote the strategic achievement of enterprises,it has also become the direction that many enterprises urgently need attention and efforts.At this stage,China's private iron and steel enterprises are facing uncertain environment,the industry is going through a painful period,and they are facing multiple challenges for urgent transformation and upgrade.As an important means for enterprises to control costs,increase revenue,enhance value and core competitiveness,overall budget management is particularly important at this time.Based on the overall budget management theory and the strategic management theory,this paper takes A steel company as an example to study how to optimize the comprehensive budget management system based on strategic orientation.This paper is mainly divided into six chapters,the first chapter is an introduction,mainly discusses the background,purpose,significance,domestic and foreign research trends and research methods.The second chapter is the definition of comprehensive budget management,enterprise strategy and balanced scorecard and the introduction of relevant theoretical basis.The third chapter is the study of A Steel Company's overall budget management status and existing problems.The fourth chapter proposes the optimization design of A steel company's overall budget management based on the strategic guidance in view of the deficiencies of A steel company's overall budget management.The fifth chapter is the safeguard measures for the implementation of overall budget management of A steel company based on the strategic guidance.The sixth chapter is the conclusion and prospect of the research,and gives a high summary of the whole paper and an outlook for the next step of research and analysis.This paper introduces the key performance appraisal system based on the Balanced Scorecard for A Steel Company,combines the overall budget management with the strategic management,and optimizes the program design from the budget preparation,execution,supervision,appraisal and all other procedures so as to build a strategic orientation under the overall budget management system through this scheme design.Finally,this paper puts forward several safeguard measures for the effective operation of the system:introducing professional personnel to promote the participation of the whole staff;establishing an information platform for budget management;attaching importance to the role of strategy,realizing the combination of strategy and comprehensive budget;and enhancing the adaptability of budget to environmental changes.