The Building Of Comprehensive Budget Management Mode Based On Value Chain Of SK Corporation

Since the application of the comprehensive budget management has been applied in domestic and foreign enterprises, it has experienced some development and achievements, and has played an irreplaceable role to improve the management level of the enterprise.But with the global economic changes and the development of enterprise information systems, the traditional comprehensive budget management has not been able to meet the requirements of enterprise development.Business objectives are being transformed into maximize the corporate value,the focus has shifted to the value-added aspects of the enterprise value chain. Comprehensive budget management based on the value chain has become an important issue of concern at home and abroad.Value chain gives a new meaning to the comprehensive budget management,oriented according to market and customer needs,added value as a fundamental objective, Collaborative competition and win-win as a matter of principle, use the modern network information technology,in order to achieve effective planning and control of the value chain in logistics, information flow and capital flow.SK corporation, as an petrochemical enterprises,still practiced traditional comprehensive budget management,.There are many problems,such as the lack of a clear strategic guidance, ignore the key value added jobs, not be able to achieve a reasonable allocation of corporate resources. Faced with major domestic and international competitive pressure of the oil refining enterprises, to use the comprehensive budget management based on value chain is an important means to gain a competitive advantage. Through the utilization of comprehensive budget management based on value chain, not noly help SK corporation to identify their own strategic positioning in the industry, and accurate understanding of the needs of the customer market, seek the value-added points on the value chain of the company, but also have a good grasp of the company’s internal operating procedures, value-added activities, and carry out the transformation or optimization for value-added activities of the operating process. Finaly, pursue of the maximization of the value of the corporation. This article is based on the concept of the value chain, to re-examine the comprehensive budget management. First of all, collected, sorted out and analyzed the domestic and foreign research data. Proposed the main research ideas, methods and content, indicate the innovation and insufficient; Secondly, elaborated the theory of comprehensive budget management and the value chain, proposed the concept of comprehensive budget management based on value chain. Then, introduced and analyzed the current situation of the SK budget management combined with the actual, pointed out the main problems and the need for the implementation of a comprehensive budget management based on value chain.And then, built the SK comprehensive budget management mode based on value chain, including to set the budget management organization, value chain analysis,build and adjust the budget, feedback and variance analysis, assessment and incentive,and proposed targeted policy recommendations for SK comprehensive budget management based on value chain. At the last, Concludes.