A New Paradigm in Cost Management

Society of Cost Management

Category Archives: Value Management

Value based cost management systems by CJ Connelly

Posted on by Michael Fournier

Today the buzz is all about customers—how to serve them better than the competition in order to gain a competitive edge. In order to achieve this goal, companies need a financial system that points to where their spending is aimed … Read More >

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FEBRUARY BOOK FEATURE: Value-driven Business Process Management

Posted on by Michael Fournier

Value-driven Business Process Management – From Strategy to Execution at Pace with Certainty By Mathias Kirchmer Business strategies and operations are driven by scores of ever-shifting factors: from demographic changes and capital availability to technological innovations and increasing regulation. Static … Read More >

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Prelude to ‘TOTAL COST’*: Value Based Cost Management

Posted on by Michael Fournier

The concept of ‘value’ has been around for awhile, but currently is one of the hottest topics in Performance Management.  By ‘value’ we mean ‘increasing shareholder value’.  The Lawrence D. Miles Value Foundation defines ‘Value Methodology (VM) as a systematic … Read More >

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May Book Feature: Value Management: Translating Aspirations into Performance by Roger H. Davies and Adam J. Davies

Posted on by Michael Fournier

The Cost and Effect of Value Management Roger Davies, co-author of the book Value Management: Translating Aspirations into Performance explains the critical role that cost management professionals can and should play in the important emerging discipline of Value Management. What … Read More >

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March Book Feature: Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques

Posted on by Stacey Adams

Book Overview by Jon M. Quigley Many organizations have a series of activities or processes that they go through to produce the end product or service. The work will start with some kind of development process, which may be a … Read More >

Posted in Book Club, Cost Management, Strategic Management Accounting, Value Management
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