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Drake Inc.'s Need for Budget Reengineering
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A 5 page paper discussing the case of a fictitious company in dire need of redesign of its budgetary process. Drake is a multi-site manufacturer, and management is pleased with the performance of all but one of the plants. That plant consistently operates over budget and under the strain of having been under the direction of four plant managers in three years. The plant manager's immediate supervisor is insisting that the newest plant manager bring the company in under budget in only three months, though the supervisor has been unable to achieve a workable budget in more than four years. The paper discusses the deficiencies in the existing budgetary system; budgetary reengineering at Nortel, Sprint and National Semiconductor; and Drake's likely difficulties if it too does not greatly alter its budgetary process. Bibliography lists 12 sources.
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Pages:
5
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Filename:CC6_KSdrakeInc.wps |
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Paper Title:
Drake Inc.'s Need for Budget Reengineering
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