Common Cents
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, Second Edition, reveals how Activity-Based Costing (ABC) and Activity-Based Management (ABM) can help you make the right decisions about customer and product mix, marketing channels, and performance improvement. Originally written and now revised and updated by ABC/ABM pioneer Dr. Peter Turney, this book walks you through each step of the process, giving you the tools to more accurately identify, assign actual costs to, and report on the elements of each customer, product, or service, increasing your organization’s process efficiency and profitability.
Whatever business you’re in, ABC and ABM can help transform your organization from average to world-class. Common Cents reveals the hidden opportunities to improve profitability or reduce cost, and shows you how to position your resources and direct initiatives to achieve maximum results.
Radical Action for Radical Times
Featuring a chapter based on the insight and expertise of Cost Technology CEO, Dr. Peter Turney. Click here to download this chapter focused on managing cost and profitability in a troubling economic climate.
The financial crisis that began in 2008 had many organizations wondering how they would survive, let alone grow. As organizations began to adapt, Jonathan Hornby was concerned many would do the wrong things. He brought together ten respected thought leaders to discuss options via a series of Webcasts. Each person’s ideas built on the previous to deliver a comprehensive strategy that could help any organization succeed, regardless of the state of the economy.
Not content with four hours of video, Jonathan interviewed each speaker to extract more expert knowledge and advice. That knowledge is contained within Radical Action for Radical Times: Expert Advice for Creating Business Opportunity in Good or Bad Economic Times. Hear from a variety of experts as they share their thoughts on how recessions make us stronger; why we need to explore cascading consequences; and what drives cost, profit, and value.