S Company's Strategic-oriented Comprehensive Budget Management Case Study

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 dissertation described the research background and significance at first. Reviewing domestic and international research results, the dissertation showed the contents and methods of the research. Then,based on the materials of S Corporation, the dissertation introduced corporation overview and organizational structure. On the basis of research results of the corporation's comprehensive budget management system,the dissertation 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. Finally, drawing on the advanced experience of domestic and international research, the dissertation provided proposals for the S Corporation to solve the problems listed above and improve its comprehensive budget management system.The dissertation 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 corporation's strategic goal. Meanwhile, the dissertation proposed solutions and safeguards for S Corporation to improve its comprehensive budget management system in order to promote S Corporation to build the system.