Features
Welcome to the Cost Technology Performance Center where you can access a wealth of knowledge on how to improve your organization’s performance and decision making ability. Browse our collection of articles, books, webcasts, case studies, and CEO Dr. Peter Turney’s Common Cents blog to gain insight and expertise on new business ideas and principles that can help take your organization to the next level.
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, (Continue Reading)
The State of Budgeting
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
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)
Activity-Based Costing – An Emerging Foundation for Performance Management
This article examines the evolution of ABC in the context of its technology life cycle. It summarizes the history of ABC according to the phases of its life cycle, highlights its expanding functionality over time, and details the lessons learned from two decades of use. It concludes with a depiction of the current state of ABC the foundation of performance management systems. (Continue Reading)
Survive and Thrive in an Uncertain Economy
Your costs and shareholder interest have probably increased. Perhaps you fell victim to fuel prices, the stock market or access to capital. All eyes are on two things – reducing cost and preservation. Come hear how many companies destroy 400% of the figure sitting in their P&L as profit without realizing it. Question whether your organization could be doing the same. Learn how to reverse the process and evolve into an agile, fact-driven organization that thrives in both the good and bad times. Join Dr. Peter Turney, CEO of Cost Technology, Inc. and Jonathan Hornby, Director of Worldwide Product Marketing at SAS as they provide knowledgeable insights and best practices on how Activity Based Management and Performance Management practices can help your organization thrive in these demanding times. View Webcast