ICAN PM - PERFORMANCE MGT -BEYOND BUDGETING MODEL IN BUDGETARY CONTROL SYSTEM -TRADITIONAL vs BEYOND



Published
PERFORMANCE MANAGEMENT | BUDGETARY CONTROL SYSTEM | BEYOND BUDGETING MODEL | THE BUDGETARY CONTROL AS A TOPIC IN OUR ICAN SYLLABUS | AND WHEN WE ARE TALKING ABOUT BEYOND BUDGETING MODEL JUST LIKE WHEN WE SAY SOMETHING IS BEYOND SOMETHING THAT MEANS IT TAKES A STEP FURTHER OR HIGHER THAN WHAT IT HAS BEEN BEFORE OR WHAT EXISTED BEFORE IT BEFORE SO BEYOND BURGETING MODEL IS AN ADVANCED AND AN ALTERNATIVE TO THE TRADITIONAL BUDGETING TO MAKE AN ORGANIZATION TO BECOME MORE AGILE AND MORE PROACTIVE RATHER THAN RESPONSIVE BECAUSE IT FINDS A LOT OF FAULTS AND ISSUES BASED ON RESEARCH DONE BY OPRAH FRASER LONG TIME AGO THAT [#gja #gjamesassociates #pm #budget #performance #management ] TRADITIONAL BUDGETING IS NOT THAT YIELDING IT'S NOT USING THE EFFECTIVE RESULTS IN THE CHANGING WORLD THAT WE FIND OURSELVES AND THEREFORE THERE IS NEED FOR AN AGILE SYSTEM THAT COULD BE PROACTIVE AND ALSO DECENTRALIZE THE PROJECTING SYSTEM AND GIVE POWER TO THE OPERATIONAL MANAGERS AND THE LIKE BECAUSE THEY ACTUALLY KNOW WHAT IS GOING ON RATHER THAN THE ARM CHAIR EXECUTIVE THAT PROJECT AND FORCE IT DOWN ON THE OTHER PEOPLE WHICH ACTUALLY WILL IMPLEMENT IT WHETHER THEY LIKE IT OR NOT THIS IS JUST ONE AMONG MANY DISADVANTAGES OF THE TRADITIONAL BARGAINING SYSTEM AND IN THIS VIDEO WE ARE GOING TO CONCENTRATE ON BEYOND BUDGETING TO MODEL WHICH ACTUALLY HAS 12 BASIC PRINCIPLES AND THE PRINCIPLES ARE ACTUALLY DIVIDED INTO TWO FOR BETTER UNDERSTANDING BEYOND BUDGETING MODEL HAS 12 BASIC PRINCIPLES AND THEY ARE DIVIDED INTO TWO THE FIRST ONE TAKES CARE OF THE EFFECTIVE SYSTEM OF PERFORMANCE MANAGEMENT WHILE THE OTHER TALKS ABOUT THE EFFECTIVE ORGANIZATION CULTURE AND BEHAVIOR EFFECTIVE SYSTEM AND PERFORMANCE OF PERFORMANCE MANAGEMENT IS THE FIRST BREAK AND THE SECOND HALF OF THE TWELVE IS EFFECTIVE ORGANIZATIONAL CULTURE AND BEHAVIOR SO THIS TELLS US THAT WE CAN BASH THE 12 BASIC PRINCIPLES OF BEYOND BUDGETING MODEL INTO TWO THE FIRST SIX IS ABOUT THE EFFECTIVE ORGANIZATIONAL CULTURE AND BEHAVIOR AND THE LAST SIX IS ABOUT EFFECTIVE SYSTEM OF PERFORMANCE MANAGEMENT BEFORE WE MOVE ON IT IS IMPORTANT THAT WE REMIND OURSELVES OF WHAT TRADITIONAL METHOD OF BUDGETING IS AND BEFORE AFTER THIS VIDEO WILL BE GOING INTO THE STANDARD COSTING VARIANCE ANALYSIS SO DON'T FORGET TO JOIN US BY THAT TIME SO WE ARE MOVING ON TO THE BUSINESS OF THE DAY ABOUT THE BEYOND BUDGETING MODEL AND WE HAVE A LOT TO ACTUALLY DEAL WITH SO IN THIS VIDEO WE WILL TALK ABOUT AND REFRESH OURSELVES OF WHAT BUDGET REALLY IS TYPES OF BUDGETING BUDGET BUDGETARY CONTROL THEN WE TALK ABOUT WHICH IS ACTUALLY HIG HLY EXAMINABLE 12 WILL TALK ABOUT THE 10 ISSUES WITH TRADITIONAL BUDGET IN THE EXAMS IT CAN ACTUALLY COME OUT IT HAS BEEN HACKED BEFORE AND DON'T LET THEM TAKE YOU BY SURPRISE IF AGAIN IT IS COMING OUT SO WHAT ARE THE DISADVANTAGES OR THE ISSUES WITH THE TRADITIONAL METHODS OF BUDGETING AND WHAT ARE THE METHODS OF BUDGETING THAT WE INITIALLY HAVE SO WE REMIND OURSELVES THEN WE GO INTO THE 12 BASIC BASIC PRINCIPLES OF BEYOND BUDGETING MODEL B B HEMP SO IF YOU ARE WITH US NOW WE WOULD LIKE YOU TO COMMENTS AND LIKE WHEN YOU WHEN YOU LIKE AND COMMENT BEYOND BUDGETING MODEL THAT SHOWS YOU US THAT YOU ARE ACTUALLY WITH US NOW AND ON NEXT VIDEO WE ARE GOING TO DO A SHOUT OUT TO YOU CALLING YOU BY YOUR NAME OUT THAT YOU ARE PART OF US
IN THIS VIDEO, GBENGA OLATUNJI OF GJAMES ASSOCIATES EXPLAINS CA EXAMES TOPICS & HOW TO PASS SUCCESS TIPS
#CPA | #ACCA| #ICAEW | #CA EXAMS| #ICAG | #ICAN | | #MIPA|#CFI|#ICMAB|#PICPA|#IFA|#ICASL|#ICAB|#CAANZ|#CIMA|#CIPFA|#AAT|#AICPA|#AIA|#ANAN|#BICA|#CGA| #ATSWA| #CIMA | #CA ANZ | #CAI | #ICAM | #IAI | #ISCA | #CAEW |#ICAB | #ICAI | #ICAP | ICAS |#CA SRI LANKA | #ICAZ |#SDAICA |#ZICA
THIS VIDEO IS CERTAINLY FOR STUDENTS PREPARING FOR THE ICAN PROFESSIONAL LEVEL EXAMINATION (STUDENTS OF THE INSTITUTE OF CHARTERED ACCOUNTANTS NIGERIA(ICAN)) STUDYING CSME, CORPORATE STRATEGY, MANAGEMENT AND ETHICS, GOVERNANCE AND BUSINESS MANAGEMENT AND INFORMATION SYSTEMS, FR, FA, CR ETC.

GBENGA OLATUNJI IS A TRAINED AND CERTIFIED LECTURER WITH MANY YEARS OF EXPERIENCE BOTH IN THE CORPORATE WORLD AND THE EDUCATION INDUSTRY. HE IS THE MANAGING PARTNER AT GBENGA OLATUNJI & CO. AND TRAINING PARTNER, GJAMES ASSOCIATES, A PUBLISHED AUTHOR OF TWO (2) LIFE ENHANCING BOOKS. THE GIFT: YOUR REWARDING WAY TO FULFILMENT AND RELEVANCE AND YOU ARE PRECIOUS: KNOWING YOUR TRUE SELF
THE OBJECTIVE OF THIS COURSE IS TO TURN YOU INTO A BUSINESS STRATEGIST AND FUNCTION AT THE MANAGEMENT AND EXECUTIVE LEVEL OF BUSINESS ORGANISATIONS. ALSO, PASSING YOUR ICAN EXAMS AND ALL CHARTERED ACCOUNTANTS EXAMS WITH EASE
FOR YOUR IN HOUSE TRAINING, BUSINESS AND PERSONAL ADVISORY SERVICES
CONTACT: GJAMES ASSOCIATES ON
WHATSAPP: 0803 803 7757
WWW.FACEBOOK.COM/GJAMESASSOCIATES
https://twitter.com/GJAMESASSOCIATE?s=09
E-MAIL: [email protected]
[email protected]
WEBSITE: WWW.GJAMESASSOCIATES.COM
Category
Management
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