Title
ValueBased Management in Government,New
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Provides stepbystep guidance on implementing and using a valuebased management system within the governmentCountless books on proposed management practices have been written and published over the past century. Some of these have focused on specific management practices for government. In more recent decades, the topics of strategic planning, performance management, cost management and risk management have been extensively covered. However, little has been offered as an approach to integrate these and numerous other management methods and practices in a manner that maximizes the delivery of value to the organizations key stakeholders. A general management framework is presented in this book in a manner particularly applicable to government organizations.ValueBased Management in Government introduces a new, integrating framework for management practices that optimizes the balancing of results sought; resources supplied and allocated; and risks accepted. These considerations are all balanced for the purpose of delivering maximum stakeholder value. The book offers guidance on how strategic planning, performance management, cost/resource management, and risk management must all be integrated as part of a portfolio management framework across the organization. The book also discusses the role of information technology (IT) in providing data for insights and decisionmaking, and the importance of organizational change management to implement the needed organizational and behavioral changes.Beginning by explaining the concept of ValueBased Management for the public sector and government, the text goes on to explore topics such as the evolutionary stages of maturity of management accounting, the benefit of attributes (e.g., valueadd versus nonvalueadd) in cost data, predictive planning with expense projections, risk management, and various performance measurements (e.g., key performance indicators [KPIs] ). This authoritative book: Discusses a framework for balancing and integrating cost, performance, and risk Explains IT systems integration issues related to activitybased cost management (ABC/M) Addresses why some ABC/M implementation projects fail to meet expectations Describes how quality management efforts can be measured in financial terms Explores the wider uses of predictive accounting (e.g., driverbased budgeting, whatif scenario analysis) Provides organizational change management insights and recommendations needed to achieve the required changes in management decisionmaking.ValueBased Management in Government is an important source of information for leaders, executives, managers, and employee teams working within or with government organizations.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.