The Construction Of Strategic Budget Management System Based On Balanced Scorecard

Z company is a high-tech enterprise with fierce competition and unpredictable environment.Strategic management has become an important magic weapon for the company's survival and development.As an important tool of strategy implementation and control,strategic budget management is related to the realization of strategic objectives.How to apply strategic budget management,especially strategic budget management under BSC,to high-tech enterprises in order to predict market changes more effectively,timely capture strategic opportunities and make full use of their own advantages to avoid threats and disadvantages.In order to reduce costs,improve the utilization rate of production capacity,effectively prevent operational risks,improve the core competitiveness of enterprises and optimize the allocation of resources.Therefore,scientific strategic budget management is of great significance to Z company.This paper takes Z company as the case study object,based on the basic theories of strategy and strategic budget management,analyzes the inadaptability between the company's traditional budget management and strategic management,and analyzes the necessity and feasibility of introducing strategic budget management under BSC.Therefore,in order to solve the problem of inadaptability between traditional budgetmanagement and strategic management,the strategic budget management system is reconstructed in the following aspects: 1.Select the budgeting method that can reflect the strategic intention;Adopting methods that can reflect the implementation and control of strategic budget;Establish a strategic budget evaluation and evaluation system matching with the strategic performance appraisal and evaluation system.In order to ensure that strategic budget management becomes a veritable tool for strategy implementation and control,the following measures should be taken:design an indicator system that reflects the appropriate corporate strategy;Construct the budget management information system;Strengthen the construction of enterprise culture of strategy and strategic budget management.Compared with traditional budget management,strategic budget management has obvious advantages.However,due to the general reasons,it is not used frequently in high-tech enterprises in China,but it has a broad application prospect in the future.It is hoped that the research conclusion of this paper can be used by other companies in the industry.