Research On The Comprehensive Budget Management System Of HD Group Basded On Strategy

Considering the internal and external environment, enterprise chooses its developing goal which is named as strategic goal. The strategic goal provides a guideline to help the corporate allocate resources rationally and determine its development direction, which is crucial to the corporate. Budget management is an important tool of enterprise management activities. As an essential means of budget management, comprehensive budget management system is gradually accepted among enterprises in China by its scientific and feasibility. At the same time, more and more enterprises, especially large enterprises introduce the comprehensive budget management system. Considering all the key issues, the system helps the corporate to guide the management activities and to achieve the strategic goal. To build the strategy oriented budget management is meant to combine the strategic goal with budget management. After decomposition and quantization, the strategic goal is interpreted as specific budget goals so that corporate strategy throughout the entire process of production and operation, which helps the corporate to achieve the strategic goals.From the angle of strategy-oriented budget management, the paper described the research background, purpose meaning and significance at first. Reviewing domestic and international research results, the paper showed the contents, framwork and methods of the research. Then, based on the materials of HD Group, the paper introduced group overview, organizational structure and its strategic goal. On the basis of research results of the group’s comprehensive budget management system, the paper summarized the problems, which was deviations between the budget goals and strategic goals, effect of budget enforcement needed to be improved, budgetary control and budget evaluation need to be strengthened. Drawing on the advanced experience of domestic and international research, the paper provided proposals for the HD Group to solve the problems listed above and improve its comprehensive budget management system. Finally, the paper listed safeguards for strategy-oriented comprehensive management system to guarantee the operation of the system, to improve the efficiency of budget management in HD Group and to promote the strategic goal to achieve.The paper aimed to combine budget management and strategic management, proposed ideas that the enterprise should carry out a strategy-oriented comprehensive budget management whose core is the group’s strategic goal. Meanwhile, the paper proposed solutions and safeguards for HD Group to improve its comprehensive budget management system in order to promote HD Group to build the system.