Research On Strategic Cost Management For Commercial Banks

Strategic cost management is a new model of cost management for total and forecasting. Strategic cost management for commercial banks provide strategic costing messages for the decisions making of strategic management through predict, decision, planning, controlling and performance measuring.The management aimed at: prompted itself through activities recognizing and redesigning; a good tool for exact recording of costing and controlling of cost; getting core competitive ability of low cost.The research is based on researching the factors of the strategic cost management. Discussing the tools of management—the analysis of value chain, strategic making and cost drivers. Introduce how to cost by activity-based costing through the department of personal loaning. How to predict through the example of two strategies? How to calculating for the benefit from customers and designing personal products and services for them? The author analysis pricing, merge and the budget making based on activity-based costing. The author analyze how to establishing BSC and seeking the perfect key performance indicators. The author achieved:Through the research of theories, from the functions of cost management, the author first mention the system of strategic cost management. The author analyze the value-chain of commercial bank, the cost driver of commercial bank, and how to positing bank's strategy. Author point at the model of activity-based costing, establish the model of strategic cost predicting, total cost management, total quality management for service, business process reengineering and performance analysis for departments. Author analyze how to write the budget based activity-based costing, and how to write standard activity cost, and how to analyze. Through investigation, giving a example of activity-based costing for the personal credit department. Author point at how analyzing the profit of products and the profit from customers and personal service. Author analyze the service for personal saving, and howpricing it. Author analyze how to using the strategic cost management for commercial banks...