Strategic Orientation Of The Application Of Comprehensive Budget Management In Telecom Industry Research

Enterprises do attach increasing importance to Strategic Management in theenvironment of increasingly fierce modern market competition. Strategic Management isthe process of a series of project made by enterprises’ managements to achieve establishedstrategic target on the basis of analyzing internal and external environment. Set strategictarget is highly generalized and abstracted, thus, we need to detail departments’ targetsthrough Comprehensive Budget Management. So Comprehensive Budget Management is avalid tool of Strategic Management in new competition environment, it is an important partof Modern Business Management System.Comprehensive Budget Management does play an important role at enterprises’entire internal control system. It is a systematic management mechanism and method ofintegrating the functions of Control, evaluation, and so on under the guidance ofEnterprise Strategic Target Confronting with the malpractices of traditional budget’s out ofline with strategy and financial index, enterprise urgently needs to constructComprehensive Budget Management System directed by strategy to meet Enterprisebusiness Management needs.Telecom industry is an indispensable and important basic infrastructure in our nation’ssocial and economic development is an integral part of social productive forces. Thisarticle builds the strategy-guided Comprehensive Budget Management for Telecomindustry on the basis of analysis of the relationship between Strategic Management andComprehensive Budget Management through the analysis and illustration of theComprehensive Budget Management theory and practice in home and abroad, combiningwith the present status of development in domestic Telecom Companies. Finally, taking ATelecom Company for example, this article analyzed the specific steps of building theComprehensive Budget Management directed by strategy in detail through case analysismethod.