Research On The Problems And Countermeasures In The Comprehensive Budget Management Of Bank C

In recent years,the economic environment at home and abroad has been complicated,and the operating environment facing banks has taken on a new trend.Under the background of slowing economic growth,accelerating industrial restructuring,gradually eliminating excess capacity,and entering financial institutions with deep-water areas,the risk and pressures faced by banking financial institutions are unprecedented.The various uncertainties brought not only challenges but also opportunities for banks.The joint-stock banks in commercial banks do not have as much capital as the four major state-owned commercial banks,such as ICBC(Industrial and Commercial Bank of China),ABC(Agricultural Bank of China),BC(Bank of China)and CCB(China Construction Bank).However,the market complexity they face is almost the same.How to gain a place in the fiercely competitive environment and continuously expand market share is a difficult problem facing many banks.With the drastic changes in the external environment such as new policies,new systems,new economies,and new technologies,banks in the future must shift from traditional outlets with providing products to provide customers with experiences.Smart banks and platform banks will be the direction of future banking development,and the transformation of traditional banks is imminent.As an effective strategy implementation tool,comprehensive budget management has been valued in many domestic enterprises and applied to practical work.This tool uses budget to reallocate,manage,control the interior resources of the enterprise,so as to effectively promote the production and operation of the enterprise and achieve various goals.Bank C is at a significant stage of transformation and development.It is even better to use the tool of comprehensive budget management to achieve strategic transformation.However,enterprises more generally consider comprehensive budget management as a short-term management tool rather than a strategy implementation tool.Most of them limit it to the financial field and do not really integrate budget management with corporate strategic goals.Bank C is no exception.The comprehensive budget management system,it relies on cannot support the implementation of corporate strategic goals.On the contrary,the disadvantages are becoming more apparent.Comprehensive budget management should take the strategic goals of the enterprise as the guide,and the realization of strategic goals should use the tool of comprehensive budget management.Only by organically integrating two of them can the enterprise strategic goals be promoted.Based on the basic situation of the current operation and development of Bank C,this paper analyzes the status of its strategic goals in combination with comprehensive budget management and strategic management related theories.Using the literature review method,inductive analysis method and case analysis method,from the perspective of problem discovery and problem-solving,the current status of comprehensive budget management of Bank C was combed from the aspects of organizational structure,management process,and safeguard measures.In the overall budget management,Bank C is disconnected from the strategy,the budget execution is weak,the control measures are inefficient,and the evaluation indicators are complicated and lagging behind.It is these problems that affect the achievement of strategic goals.Taking into account the actual external environment and combining the specific conditions of the industry and organizational structure,this paper proposes to upgrade the balanced scorecard tool from a performance appraisal tool to a strategic budget management tool to avoid a situation where budget management and strategic management are disconnected.At the same time,a series of countermeasures are proposed for the optimization of evaluation indicators,budgeting methods and processes,performance evaluation,etc.Finally,relevant optimization safeguard measures are also proposed.It is hoped that the research in this paper can provide some references for banks to improve their strategic management-oriented comprehensive budget management level to meet the bank's more sophisticated management needs,transform and upgrade,and achieve strategic goals.