| Nowadays, the markets at home and abroad are in increasingly competitive competition, underwhich, group corporations in China hold both opportunities and challenges. Compared with globaladvanced corporations, their managerial level as well as comprehensive competitiveness still have a lot toimprove. Therefore, they badly need efficient managerial methods and tools to manage the corporationswell. As a significant part of corporation’s inner management and control, comprehensive budgetmanagement can improve corporation’s management level, economic effectiveness, as well as helprealize corporation’s optimal allocation, thus to raise its overall competitive capacity. Therefore, kinds oflarge-scale corporations focus on comprehensive budget management to realize its management in recentyears. However, the traditional budget management only pursuit of the short-term profit, is not benefit tothe long-term development of the enterprise.While the strategy-oriented comprehensive budgetmanagement is able to break through short-term thinking, take the strategy as the starting point, theenterprise value maximization as the goal, the financial and non-financial information reflect anddevelopment of enterprise strategy, to make the enterprise constantly adapt to changes in the environmentand sustainable development ability.Based on the theory of strategic management and budget, from the strategic management leveland strategic management process as well as target analysis of the relationship,the thesis puts forward toBalanced Score Card (BSC), which as a connection to combine budget manage and control and improvetheir combination. To go further, the thesis structures comprehensive budget system with strategyorientation and building incentive mode of controlling subsidiary corporation’s strategy, directing the coreperformance indicator and combining financing evaluation indicator and non-financing one.Taking YT corporation as an example, the thesis analyzes the problems from the aspect of budgetmanagement mode, organizational structure, budget management, etc. Furthermore, the thesis makes anagreement on YT’s achievement of budget management, based on which, it mentions taking use of gamestheory to set appropriate budget aim, solve problems of interests, Combined Defining Base Quota is used toestablish an effective incentive mechanism, induce the agent to the principal’s expected goals provide budget base, the principal and the agent is made to reach game equilibrium. And it also points out that whenallotting budget aim, the corporation should take financial resource and non-financial resource,as well aslifecycle into consideration, and rationally allocate them, leading them to combine effectively. As to thesingle budget target without plan and strategy, the thesis mentions to set proper KPI with SMART principle, Analysis the internal and external environment of the group company, emphasize should focus on theleading product technology upgrading, stability and expanding the market advantage, put forward indexsystem in this evaluation.Confirm target weight with AHP, and optimize current evaluating system. As tothe management means is not advanced,as well as information total budget management, Be able tomonitor the dynamic of the budget enforcement. The subsidiary is not set up the budget managementorganization.improving subsidiary structure. Subsidiary set up the corresponding budget managementcommittee and office budget management, set up multi-level budget management organization structure,guarantee the smooth progress of the budget management and timely and effective informationtransmission. Eventually make comprehensive budget really become a bridge between enterprise strategyand daily economic activities. And realize the management target quite consistent with and corporation’sdevelopment. Enabled the group’s strategic intent to implement, budget plan to join, so that the abstractenterprise strategic and operational activities to communication, ensure the realization of strategic goals... |
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