Highlights

The State of Budgeting

Posted on Sunday, March 14th, 2010 at 6:29 pm and is filed under Common Cents Blog, Features, Highlights.

I recently talked to a controller about the state of budgeting. He said that budgeting is a dysfunctional process and little has occurred over his long career to change that view. He has seen many methods come and go including programming planning budgeting systems (PPBS), zero-based budgeting (ZBB), activity-based budgeting ABB) and performance-based budgeting (PBB). (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)