Activity-Based Management for Financial Institutions : Driving Bottom-Line Results

Activity Based Managementfor Financial Institutions Driving Bottom Line Results Instrumental in improving fact based action, activity based management (ABM) is a discipline that focuses on the management of activities as the route to improving the value received by the customer and the profit achieved by providing this value. While a host of Fortune 500 and other growth companies are using ABM, not all are doing so with maximum results, demonstrating clearly that proper application requires certain tools and techniques. The fundamentals needed for the effective deployment of ABM are presented and explained in Activity Based Management for Financial Institutions: Driving Bottom Line Results. An important contribution to the body of knowledge of managerial accounting, and a comprehensive guide to the key aspects of ABM, Activity Based Management for Financial Institutions provides hope for your financial institution, especially if it recognizes the deficiencies of its existing traditional costing methodology and system and wants to leverage the progressive power of information technology. With a resourceful accompanying Web site providing the templates, tools, and techniques found in the book, Activity Based Management for Financial Institutions explores: How organizations are moving from measuring product and standard service line profitability to measuring customer profitability and value The obstacles and implementation pitfalls you can expect along with prescriptive solutions so you can easily resolve them How to drive activity based costing (ABC) data to your bottom line using ABM How your institution can drive millions of dollars of improvements through better use of ABC/M How to clearly articulate and improve your shared services cost structure Practical and results driven, this solid resource explores what it will take for you and every controller, cost manager, or CFO of a financial institution to successfully implement the full vision of the performance management framework within your organization.