Explicit Cost Dynamics

GETTING TO THE BOTTOM OF THE BOTTOM LINE

Traditional cost management systems typically defeat their own purpose by leading corporations to make decisions that ultimately do not optimize performance. These systems are the foundation for decisions that are made throughout the corporation. In order for organizations to increase performance beyond current capabilities, a new approach is needed that addresses issues such as understanding the true impact of various actions on the bottom line-and eliminating methods that distort numbers and narrow options. Explicit Cost Dynamics (ECD) offers such an alternative, and this expertly written, revolutionary book provides an indispensable introduction to the subject.

Informative and easy-to-read, Explicit Cost Dynamics:

* Provides an alternative view and understanding of the impact of costs, actions, and time on the bottom line of a corporation
* Explains how this new theory can lead to an overall profit maximization
* Shows that costs can be considered as either a function of activities performed, as a function of resources expended, or of time
* Shows that the difference between explicit dollars flowing into and out of a company is equal to the rate of change of cash
*. and much more to help CEOs, CFOs, controllers, cost managers, financial managers, and others involved in the decision-making process improve their organizations' overall bottom lines.
 
Gewinnmaximierung erfordert ein objektives Verständnis von Gewinn und Kosten. Dieses Buch stellt eine neue Methode des Kostenmanagement vor: "Explicit Cost Dynamics" - explizite Kostendynamik. Sie soll Methoden der traditionellen und der auslastungsorientierten Kostenrechnung ablösen. Nach Meinung des Autors führen Unternehmensentscheidungen, die auf den bestehenden Kostensystemen basieren in der Regel nicht zu einer Optimierung der Performance. Die neue Methode jedoch verspricht eine Unternehmensperformance, die weit über dem aktuellen Niveau liegt.