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Strategic Cost Management : the New Tool for Competitive Advantage by John K. Shank, Vijay Govindarajan is a reference work available to read on EtoBox.

What is Strategic Cost Management : the New Tool for Competitive Advantage about?

As often reported in Business Week and Fortune, most large companies today concede that their cost systems are desperately obsolete. In this eagerly awaited book, John Shank and Vijay Govindarajan, nationally known experts on the strategic use of cost information, address head-on the fundamental concepts of management accounting that are in desperate need of change. The authors demonstrate how strategic cost management, the first analytic framework to relate meaningful accounting information to a firm's business strategy, is revolutionizing accountingand overall business practices in leading firms. With numerous extended examples including Ciba-Geigy, Ford, Texas Instruments, and many more, the authors show how the three key tools of strategic cost managementvalue chain analysis, strategic positioning analysis, and cost driver analysisprovide a sustainable competitive advantage over firms whose cost systems are in disarray. With persuasive evidence, Shank and Govindarajan demonstrate the strategic power of value chain analysis, i.e., linking external value creating activities all the way from basic raw materials, to component suppliers, and through to the ultimate end-use product d

Who reads Strategic Cost Management : the New Tool for Competitive Advantage?

Author

John K. Shank, Vijay Govindarajan

Publisher

Toronto. New York : Free Press, Maxwell Macmillan Canada Maxwell Macmillan International

Published

1993

Language

EN

ISBN

9780029126516

Category

reference

Subjects

Management, Business, Reference

Rating

3.74 / 5 (19 ratings)

Updated

2026-03-14