Posts Tagged ‘cost system’


29 – Cost Consciousness Part 4

Cost Consciousness Mitch Max completes his series on developing cost consciousness within organizations with five factors to consider in looking at how the information is presented and used. Click HERE to enter your own question. In episode 29 Coming up on Performance Management Edge… Mitch Max wraps up his series on creating a Cost Conscious organization. Thanks […]

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28 – Critical Principles (Part 3)

Critical Principles Pierre Guillaume completes his series on critical principles governing cost systems. Click HERE to enter your own question. In episode 28 Coming up on Performance Management Edge… Pierre Guillaume continues his series on the principles that should govern a cost system. Hi, this is Pierre Guillaume one more time, from Beyond EPS Advisors. This […]

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27 – Cost Consciousness – Part 3

Cost Consciousness Mitch Max expands on developing cost consciousness within organizations. He explores managing cost from an activity viewpoint instead of a cost category viewpoint. Click HERE to enter your own question.

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Targeting Commodity Costs (Episode 26)

Mastering Circumstances Instead of reacting to commodity prices, why not proactively manage them. The greatest impact comes from managing commodities in the product design before they are locked in. Targeting Commodity Costs Elaine Jones shares how target cost techniques impact commodity price volatility. Passing Commodity Cost to Customers Alan Stratton responds to a viewer’s desire to simply […]

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Critical Principles Part 2 and Frustration with Shared Services (Episode 25)

Critical Principles and Frustration with Shared Services Mission and vision statements are great but not enough. Principles must also govern cost systems and processes inside the business. Principles for Cost Systems-Part 2 Pierre Guillaume continues a series on principles that should govern cost systems. In this episode he covers “Cause and Effect Relationships” and “Consistency“. […]

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Cost Consciousness and Value Adding (Episode 24)

Cost Consciousness and Value Adding Sports teams use data to measure performance and identify opportunities. We in business use data also to measure performance and identify opportunities. Compared to general statistics, cost is different in that it uses money as a common measurement. Reality is operations; cost and profit is the scorecard (and payoff.) Cost […]

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23 – Big Data

Business Data Computers have made a huge difference in our business lives. We collect data, analyze data, make reports from data, manage data, and, at times, cuss data. But really, are we use it or it data using us? Big Data John Miller illustrates the changes and challenges in data acquisition, analysis and use. Opportunities […]

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