Based On The Comprehensive Budget Management Of Manufacturing Corporations Performance Goals

The development of budget management experiences several stages such as traditionbudget， performance budget， planning programming budget， zero base budget， andcomprehensive budget. The conceptual of master budgeting management has also experiencedbudget， budget management，master budgeting management such evolution process. Acrossthe process of enterprise management， the master budgeting management exists significantlyas an effective tool of realizing the basic management functions such as planning，organizing and controlling，and harmonizing the various parts of the enterprise. However，the tradition master budgeting management might cause following problems: it lacks of cleardirection of enterprise strategy; there’s no efficient assessment and encouragement policywhen enterprises carry on budgeting management. These problems restrict the application andpromotion of master budgeting management seriously.With target-orientation， people-orientation and result-orientation， target managementis a modern management that could make organization and individual to get the bestperformance. Since1954when Andrew Carnegie mentioned the concept of targetmanagement for the first time in the history in his masterpiece The Practice of Management，target management has been widely applied in the governments， enterprises and non-profitorganization. Target management helps to get good performance by giving target that is easilyquantitied and broken down， helps to improve the structure and responsibility of theorganization and helps to encourage the initiative of the employees. However， in theapplication of target management， there are problems weakening the effect of the targetmanagement，such as the difficulty to set the target，management cost increase during targetsetting， difficulty to make fair performance judgment.The article is based on the manufacturing enterprise group of master budgetingmanagement and target management, aims to construct performance objectives managementsystem, solve the problem that exist in the traditional manufacturing enterprise group budgetmanagement, and build scientific and reasonable system of performance objectives based oncomprehensive budget management. Through the enterprise budgeting, budget execution,budget analysis, budget adjustments and budget assessment of a business processreengineering, and integrating comprehensive budget management, to optimize the business process, reduce cost, improve the competitiveness of enterprises, then to realize the purposeof the value added.Based on the analysis of master budgeting management and target management and withan analysis direction of comprehensive budget concept，the article investigates and optimizesthe target management activities of manufacturing enterprise group. Moreover， based on anorganization with procedure improvements and coordination， and studying from the sectionof target establishment， procedure control and performance assessment of budgetmanagement， the article carries on a systemic design on the master budgeting managementin the need of target management and sets up target management system on the basis ofmaster budgeting management. Firstly， this target management system solves the problem oflacking of strategic direction in traditional budget management and disconnecting with thevalue-creating activities. Secondly，it helps to make dynamic analysis and on-time control onthe budget management. Thirdly， it solves the problem of target source and fair performancejudgment.