Study On Optimization Of Comprehensive Budget Management In Group H

As an established state-owned enterprise,Jiangsu H Group has failed in its diversification strategy in recent years.After the new management took office,it has re-contracted its front line and focused on its main business.The business situation has begun to improve.The group has also revived its grand vision of being a global vinegar industry leader.As an indispensable part of food and beverage condiments,vinegar has huge market space on the one hand,and on the other hand,because the industry entry threshold is too low into a lot of competitors.In the face of a fully competitive market and in response to the country's policy on the reform of state-owned enterprises,the group has put forward new requirements for management.As the best management means to link strategy and operation,the group has also begun to attach importance to overall budget management.It hopes that the group's strategy will be allowed to fall to the ground and that it will be able to control the business activities of the company to a greater extent.However,through several years of trial implementation,some problems still exist.There was a dilemma.Through the analysis of this case and the design of the optimization plan,it can help H Group optimize the existing comprehensive budget management,and at the same time bring some inspiration to the group enterprises in the same industry.This paper first reviews the theoretical development of comprehensive budget management at home and abroad,then analyzes the comprehensive budget management and its related theories,and analyzes and evaluates the current situation of budget management in H Group.It is found that there are problems in the budget management environment,budget security,and budget preparation.Finally,the author designs the basic framework of the overall budget management of H Group and puts forward an optimized plan for the specific problems.The construction of a comprehensive budget management system for group companies is inherently complex.Group managers should first have a vision at the group level and plan the overall management of the group.Then they should be strategically oriented and supplemented by a scientific comprehensive budget management method.If we do not follow the trend,we will be able to achieve the company's goals in the end.