Download or read book Budgeting and Organizational Culture written by Osman Cekic and published by LAP Lambert Academic Publishing. This book was released on 2010-04 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, public higher education institutions have increasingly turned their attention to incentive based budgeting models as internal resource allocation models. However, these models have been criticized for bringing market forces, competitiveness, and business-like perceptions into the higher education environment. In recent years, the literature on incentive budgeting systems has grown; mostly, through institutional case studies. However, most of these studies focused on the formal structures and on the financial outcomes. The literature lacks any exploration of the effects that such changes have on an organization s culture. However, incentive based budgeting systems involve more than simply formulas. They also bring a new frame of mind into higher education organizations. Decentralization of the decision-making process is one such change that is attached to incentive based budgeting systems. Thus, incentive based budgeting models affect the whole institution, its formal and informal structures as well as its culture. This study focuses on responsibility center management (RCM) and its perceived effects on the culture of decision-making at a higher education institution.
Download or read book Organizational Culture Change as a Result of a Change in Budgeting Systems written by Michael D. Class and published by . This book was released on 2004 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reframing Organizational Culture written by Peter J. Frost and published by SAGE. This book was released on 1991-08-07 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a study of the interaction between investigation and the subject of inquiry. This title includes a variety of frames as tools that help readers to examine any empirical piece on organizational culture on its own merits - as good research - while at the same time, permit viewing it from other perspectives as well.
Download or read book Handbook of Organizational Culture and Climate written by Neal M. Ashkanasy and published by SAGE. This book was released on 2000-06-28 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Handbook of Organizational Culture and Climate provides an overview of current research, theory and practice in this expanding field. The editorial team and the authors come from diverse professional and geographical backgrounds, and provide an unprecedented coverage of topics relating to both culture and climate of modern organizations.... Well-known editors Neal Ashkanasy, Celeste P. M. Wilderom, and Mark F. Peterson lend a truly international perspective to what is the single most comprehensive and up-to-date source on the growing field of organizational culture and climate. In addition, the Handbook opens with a foreword by Andrew Pettigrew and two provocative commentaries by Ben Schneider and Edgar Schein, and concludes with an invaluable set of combined references." --Publisher.
Download or read book Flexible Budgeting Essentials written by Luna Z. Rainstorm and published by Xspurts.com. This book was released on 2023 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The power of a flexible budget lies in its ability to adjust to life's unexpected events." Flexible Budgeting Essentials: A Route to Financial Success is the ultimate guide to mastering the art of flexible budgeting. This comprehensive book covers everything you need to know about flexible budgeting, from the basics to advanced applications in a variety of industries. The book begins with an overview of the essential concepts behind flexible budgeting, including what it is, why it's important, and the differences between fixed and flexible budgets. It then walks readers through the components of a flexible budget, including variable costs, fixed costs, and semi-variable costs. Readers will also learn how to create their own flexible budget, including how to estimate costs accurately and budget for different levels of activity. The book includes detailed guidance on how to analyze variances in a flexible budget and use them for decision-making. The book also covers advanced topics in flexible budgeting, such as integrating flexible budgeting with standard costing, using flexible budgeting for capital expenditures, and comparing zero-based budgeting with flexible budgeting. Readers will also learn about the role of technology in flexible budgeting, future trends in the field, and how to develop a flexible mindset. In addition to practical guidance, the book includes case studies that illustrate successful implementations of flexible budgeting in a variety of settings, including small businesses, corporate environments, non-profit organizations, and public sector agencies. Flexible Budgeting Essentials also covers important ethical and psychological considerations in budgeting, such as promoting transparency and accountability, coping with change, and encouraging a culture of adaptability and innovation. Whether you are a finance student, a professional analyst, an entrepreneur, or simply someone interested in improving your financial skills, Flexible Budgeting Essentials is the perfect guide to getting started with flexible budgeting. With clear explanations, real-world examples, and practical tools and techniques, this book will help you take your budgeting to the next level and achieve financial success.Table of Contents: Understanding Flexible Budgeting What is a Flexible Budget? The Importance of Flexibility in Budgeting Fixed Budget vs. Flexible Budget The Components of a Flexible Budget Variable Costs Fixed Costs Semi-variable Costs Creating a Flexible Budget Step-by-Step Guide to Building a Flexible Budget Budgeting for Different Levels of Activity Estimating Costs Accurately Flexible Budget Variances Understanding Variances Analyzing Variances in a Flexible Budget Using Variances for Decision Making Flexible Budgets and Performance Evaluation Role of a Flexible Budget in Performance Measurement Advantages of Using Flexible Budgets for Performance Evaluation Potential Pitfalls and Solutions Flexible Budgets in Different Industries Manufacturing Industry Service Industry Retail Industry Case Studies: Flexible Budgeting in Practice Small Business Scenario Corporate Scenario Non-profit Organization Scenario Advanced Topics in Flexible Budgeting Integrating Flexible Budgeting with Standard Costing Flexible Budgeting for Capital Expenditures Zero-Based Budgeting vs. Flexible Budgeting The Role of Technology in Flexible Budgeting Using Spreadsheet Software for Flexible Budgeting Advanced Budgeting Software Options The Impact of Automation on Budgeting Future Trends in Flexible Budgeting The Increasing Importance of Agility in Budgeting The Role of Big Data and Analytics in Budgeting The Impact of Economic Changes on Flexible Budgeting Final Thoughts: Developing a Flexible Mindset The Benefits of a Flexible Approach to Budgeting The Link Between Flexible Budgeting and Organizational Culture Ensuring Long-Term Success with Flexible Budgeting Overcoming Challenges in Flexible Budgeting Identifying Common Budgeting Mistakes How to Mitigate Risks in Flexible Budgeting Navigating Uncertainties in Revenue and Costs Flexible Budgeting for Personal Finances Adapting Flexible Budgeting for Personal Use Managing Personal Expenses with a Flexible Budget Savings and Investments: A Flexible Approach Flexible Budgeting for Entrepreneurs Importance of Flexible Budgeting for Start-ups Case Study: A Start-up's Success with Flexible Budgeting Tips for Entrepreneurs: Staying Flexible with Limited Resources Flexible Budgeting in the Public Sector Challenges of Budgeting in Public Sector Organizations The Role of Flexible Budgeting in Public Finance Management Case Study: Successful Implementation of a Flexible Budget in a Public Agency Beyond Budgeting: A Radical Alternative? Understanding the Beyond Budgeting Model Comparing Flexible Budgeting with Beyond Budgeting Evaluating the Applicability of Beyond Budgeting Implementing a Flexible Budgeting System The Role of Leadership in Budgeting Process Change Training and Development for Effective Flexible Budgeting Measuring the Success of Your Flexible Budget Implementation The Ethics of Flexible Budgeting Understanding Ethical Considerations in Budgeting Promoting Transparency and Accountability in Flexible Budgeting Ethical Dilemmas in Budget Variance Analysis and Management The Psychological Aspects of Flexible Budgeting The Impact of Flexible Budgeting on Employee Motivation Coping with Change: Psychological Factors in Budgeting Flexibility Encouraging a Culture of Adaptability and Innovation Mastering the Art of Flexible Budgeting: Key Takeaways Lessons Learned from Successful Flexible Budget Implementations Key Skills for Effective Flexible Budgeting The Future of Budgeting: Staying Flexible in a Changing WorldISBN: 9781776849567
Download or read book An Investigation of the Organizational and Behavioral Effects of Corporate and National Culture on Budgeting Systems written by Hassan R. Hassabelnaby and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigated the effects of corporate versus national culture by extending Hofstede et al.'s (1990) study of cross-organizational culture in a participatory budgeting environment. We surveyed Egyptian managers who worked for Egyptian or U.S. firms eliciting their perceptions of the budgeting environment. We found support for our hypotheses indicating higher (lower) levels of participation for Egyptian managers working in U.S. (Egyptian) firms, higher (lower) levels of incentive to create slack in U.S. (Egyptian) firms, and more (less) frequent slack creation behavior among Egyptian managers employed by U.S. (Egyptian) firms. Significant differences were found between levels of idealism and relativism between Egyptian subjects employed by U.S. and Egyptian companies. We also found support for our hypothesis that models of slack creation behavior will vary between U.S. and Egyptian companies employing Egyptian subjects.
Download or read book Organizational Determinants of Budgetary Influence and Involvement written by Noah P. Barsky and published by Routledge. This book was released on 2013-10-11 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on network theory from the organizational sociology literature, this book examines issues related to which organizational factors determine how employees influence the budgeting process. Data were collected from managers who participate in the budgeting process at a major apparel manufacturer. Social network analysis was employed to measure how the structure of the network of managers affects the budgeting process. The results show that budgetary influence is structurally determined and resides with managers holding central positions in the organizational network. Thus, while formal procedures determine which employees are involved in budgeting activities, only centrally positioned managers actually influence budgetary outcomes. The findings indicate that influence, not involvement, is the key to empowerment in the budgeting process. This research suggests that researchers and practitioners should be aware of an organization's social structure when examining a participative budgeting process. The difference between formal designs and actual influence is indicative of a "rhetoric-reality gap" which can impair the effectiveness of management control systems.
Download or read book Handbook of Budgeting written by William R. Lalli and published by John Wiley & Sons. This book was released on 2011-12-05 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt: No other management tool provides the operational direction that a well-planned budget can. Now in a new edition, this book provides updated coverage on issues such as budgeting for exempt organizations and nonprofits in light of the IRS' newly issued Form 990; what manufacturing CFOs' budgeting needs are; current technology solutions; and updated information on value-based budgets. Controllers, budget directors, and CFOs will benefit from this practical "how-to" book's coverage, from the initial planning process to forecasting to specific industry budgets.
Download or read book The Culture Cycle written by James L. Heskett and published by FT Press. This book was released on 2012 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contribution of culture to organizational performance is substantial and quantifiable. In The Culture Cycle, renowned thought leader James Heskett demonstrates how an effective culture can account for 20-30% of the differential in performance compared with "culturally unremarkable" competitors. Drawing on decades of field research and dozens of case studies, Heskett introduces a powerful conceptual framework for managing culture, and shows it at work in a real-world setting. Heskett's "culture cycle" identifies cause-and-effect relationships that are crucial to shaping effective cultures, and demonstrates how to calculate culture's economic value through "Four Rs": referrals, retention, returns to labor, and relationships. This book: Explains how culture evolves, can be shaped and sustained, and serve as the organization's "internal brand." Shows how culture can promote innovation and survival in tough times. Guides leaders in linking culture to strategy and managing forces that challenge it. Shows how to credibly quantify culture's impact on performance, productivity, and profits. Clarifies culture's unique role in mission-driven organizations. A follow-up to the classic Corporate Culture and Performance (authored by Heskett and John Kotter), this is the next indispensable book on organizational culture. "Heskett (emer., Harvard Business School) provides an exhaustive examination of corporate policies, practices, and behaviors in organizations." Summing Up: Recommended. Reprinted with permission from CHOICE, copyright by the American Library Association.
Download or read book Budgeting System Style of Use Organisational Culture and Competitive Advantage in Hypercompetitive Environments written by Matthew Peters and published by . This book was released on 2009 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Performance Budgeting Reform written by Alfred Tat-Kei Ho and published by Routledge. This book was released on 2019-06-04 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using theoretical frameworks to explore the political, organizational, and cultural dynamics of performance budgeting, this book examines the adoption of performance budgeting in a variety of countries, how it has been implemented, and why it succeeded or failed. Chapters include case studies from a wide range of continents and regions including the U.S., Africa, Asia, Australia, Europe, Latin America, and the Middle East. Each case study pays careful attention to the unique historical, political, and cultural contexts of reform and closely examines how performance informed the budgetary process. Chapters investigate theory-driven analysis, focusing on common themes related to international policy diffusion, organizational change, stakeholder politics and gaming, communication and information management, principal–agent dynamics, and institutional constraints. Contributors include both scholars and seasoned practitioners with extensive experience in implementing or advising performance budgeting reforms. With emphases on both theories and practices, this book is written for graduate courses in public budgeting and comparative public administration, providing theoretical insights into budgeting reforms in developing countries, as well as practice-relevant and actionable recommendations for current and future policymakers and budget reformers.
Download or read book Budgeting Process is it Really Necessary written by Payam Haerifar and published by GRIN Verlag. This book was released on 2012-02 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2012 in the subject Business economics - Accounting and Taxes, University of Derby, language: English, abstract: The strategic planning is the long-term plan of organisations and budget is the short-term plan that contains more detail regarding to business operations. The budget is like a blueprint for entire business which is prepared for the next year. So it is designed by estimating and forecasting future trends in market. Budget is used to evaluate actual performance of a company or a section of company with desirable performance that this desirable performance is based on forecasting markets. Therefore, an excellent budget process should have this ability to convert objectives and desirable goals (it means future estimated outcomes) into data. This statement could be wrong in some situations. Various scholars provide opposites arguments regarding to this statement. Beneath the main body these two arguments against and in favour of this above statement are discussed abundantly. One of the main success elements of budget is finding the right resource to implement the budget calls for extensive use of human resources. But sometimes even with the appropriate and well-designed budget it is not possible to reach budget's targets because of human resource or their misunderstanding of budget. Organisations try to have correct congruence perceptions within their employees but some researches demonstrate different outcomes (perception) may be exhibited when the individuals have not parallel objectives compare to organisational goals. These two main issues of budgeting success factors are mentioned in this writing; besides, one of the main differences between imposed budgeting and participatory budgeting is mentioned in this study. This difference is regarding to the way of communication.
Download or read book Budgeting Practice and Organisational Structure written by David Dugdale and published by Elsevier. This book was released on 2010-01-18 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Budgeting is at the heart of the performance management process for most companies. However, some argue that many companies today are dissatisfied with budgeting. It is seen to be costly and time-consuming; it inhibits action and causes organisational problems. The influence of the "Beyond Budgeting" model has caused many major companies, including Toyota, to abandon traditional budgeting altogether. Should other companies follow suit? Budgeting Practice and Organisational Structure explores the changes in budgeting through a survey of financial and non-financial managers. Concerns include: - The attitudes of managers towards budgeting models - How budgetary practices have changed - What problems budgeting can cause - The effects of budgets on overall company performance. This report reveals that there's little evidence to suggest widespread dissatisfaction with traditional budgeting. However, to enable a company to perform at its best, understanding budgeting in context is essential and it is imperative that budgeting works in tandem with other control systems and organisational structure. - Original research funded by the Chartered Institute of Management Accounting - Reveals the realities of budgeting models in practice - Includes interviews and surveys of actual businesses
Download or read book Budgeting written by Roman Hinka and published by GRIN Verlag. This book was released on 2007-12 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2005 in the subject Business economics - Controlling, grade: 2,0, European University Viadrina Frankfurt (Oder), 16 entries in the bibliography, language: English, abstract: The present paper purposes to highlight two most well known approaches to budgeting, specifically classical and zero-base budgeting. In last years there is much criticism blaming shortcomings of the both. However, such treatment seems to be biased without deep penetration in the nature of budgeting systems. The paper does not intend to summarise information about approaches to budgeting, but rather to explore system specific features that bring the shortcomings about. The paper is composed in the way not to contrast the approaches, that is to show the superiority of one of them, but to draw a profile of the approach with respect to selected criteria. The criteria, introduced in the first chapter, reflect major requirements to the budgeting systems from managerial point of view. They encompass integrity of budget allowances, adherence to strategy, impact on employees behaviour, flexibility and efficiency. Owing to scarce capacity the paper omits aspects specific to management and organization but still affecting the performance of the budgeting approaches. These are, for example, organization of planning process (bottom-up, top-down, etc), corporate culture, incentive structure, degree of activity formalization, management style, etc. The second and third chapter discuss instantaneously performance of classical and zero-base budgeting respectively. Analysis begins with brief description of most important features of the approaches and concentrates extensively on how respective approach meets the requirements. Finally, there will be discussed the most suitable type of production which makes up in part for disclosed shortcomings.
Download or read book Handbook of Budgeting for Nonprofit Organizations written by Jae K. Shim and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This desk reference gives nonprofit managers step-by-step instructions and methods to help them attain superior day-to-day results in today's increasingly competitive financial environment. Managers will find simple, straightforward rules-of-thumb for determining what to look for, what to be on guard against, what to do, and how to do it in carrying out daily activities and operations, as well as scores of real-life examples and case studies of budgeting applications at work.
Download or read book Performance Budgeting for State and Local Government written by Janet M. Kelly and published by Routledge. This book was released on 2014-12-18 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive theoretical and practical framework for informing budget decisions based on the efficiency and effectiveness of service delivery. The authors enliven the text with references to their original research and personal experiences with performance measurement, citizen satisfaction surveys, and financial management practices. This edition includes increased coverage of cost accounting procedures and of citizen participation in performance management.
Download or read book GUIDE BOOK TO PLANNING A COMMON SENSE APPROACH written by Robert M. Donnelly and published by Xlibris Corporation. This book was released on 2006-05-24 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: Any book on planning has to be easy to read and full of examples on how to do it with forms and illustrations. That is exactly what this book is and why it is called a “guidebook”. The fact that most people do not plan well is well documented by the demographics of the population and the economic situation that a growing senior population is faced with now due to poor planning or no planning earlier in their lives. Since company’s are run by people they exhibit the idiosyncrasies of the people who run them. Many company’s do not have strategic plans or operating plans. Some firms do not even have a budget and operate on a day-by-day basis. The obvious result of this is crisis management, cash flow problems and the constant risk of going out of business. Many company’s both large and small have disappeared due to the lack of a plan and this has been well documented in the business press. Managers do not have a plan for their business because they do not have a plan for themselves. Planning is not something that we are born with a natural ability to do well, or in many cases - at all. Planning is a learned skill and their is a need for simple step-by-step guides which is what this book is about. It has been written as a result of years of experience that the author has had working with hundreds of company’s. The foundation for the book is a process that the author calls the “Plan-for-Planning” - a five step exercise that he has used to help managers build business plans for their company’s. It is a proven formula that has resulted in increased profitability, operational efficiencies and the optimization of the overall allocation of resources for the author’s clients. It also has been the basis for the development of executive level seminars by the author that have been promoted and implemented by BUSINESS WEEK and Inc. Magazine domestically, and Frost & Sullivan internationally. The initial publication of this book was by Inc. as a result of the success of the seminar series for their audience - growing firms. Articles have been written about the Plan-for-Planning process and it has been instrumental in the development of business plans that have resulted in company’s being sold for a premium to the shareholders as a result of the quality of the business planning process. The book has been used by many managers and in some cases continues to be a reference guide for the new businesses that they have become involved with. It is really an easy to use guide for developing a business/strategic plan for any business.
