Highlights

The Limitations of Isolated Management Methods

Posted on Monday, August 2nd, 2010 at 10:25 am and is filed under Common Cents Blog, Features, Highlights.

Historically it has been common to implement management methods as standalone initiatives. For example, Activity-based costing (ABC) is often implemented as a financial tool for identifying sources of profitability. Budgeting is the tool for financial planning in this same company, but may not benefit from the insights derived from a parallel but separate ABC initiative. (Continue Reading)

Performance Insights – 5 Steps to Making Profitable Decisions

Posted on Thursday, May 20th, 2010 at 9:43 am and is filed under Articles, Features, Highlights.

By Dr. Peter Turney CEO, Cost Technology Make  Decisions That Count Good managers focus on developing and implementing successful strategies. They don’t take high performance for granted. They ask the right questions, test the best ideas, and make only those decisions that are proven to improve the bottom line. Testing and adopting the best ideas (Continue Reading)

Common Cents

Posted on Thursday, February 4th, 2010 at 9:31 am and is filed under Books, Features, Highlights.

When designed and executed correctly, cost information programs alert decision makers about problems to overcome and opportunities to take advantage of. The difficulty is, conventional sources of financial information often do just the opposite— they hide or misrepresent problems, fail to identify opportunities, and lead to solutions that are ineffective and potentially perilous. Common Cents, (Continue Reading)