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Cost Management and Control Will Enhance Your Ability to
ACCOMPLISH YOUR MISSION
Whether Your Mission is:
Governmental
Business or
Personal
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Dr. Dale R. Geiger CMA CGFM
Sep 16, 20212 min read
Survival of the Cost Effective: Cost Benefit Analysis
Survival in nature requires cost effectiveness. There is no free lunch for anything living.
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Dr. Dale R. Geiger CMA CGFM
Sep 15, 20213 min read
Role Based Control: Gaining Control Over Overhead
Complex organizations commonly have core functions and centralized overhead support functions tasked to aid all core functions.
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Dr. Dale R. Geiger CMA CGFM
Sep 15, 20212 min read
Benchmarking: Fruitless Micromanagement
Benchmarking is not a cost management paradigm. Imagine looking at the fruit in the illustration and determining which is best.
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Dr. Dale R. Geiger CMA CGFM
Sep 3, 20213 min read
Child Care Center Case Study: Org Based AAR Example
This blog is a continuation of the story started in the Fraudulent Managerial Costing blog.
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Dr. Dale R. Geiger CMA CGFM
Sep 3, 20213 min read
Fraudulent Managerial Costing Defined
Costing that confuses, hides, distorts, or implies many digits of accuracy is fraudulent from the perspective of management information.
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Dr. Dale R. Geiger CMA CGFM
Sep 1, 20213 min read
Organization Based Control: the Power of Learning and Improvement
Organization based control extends that accountability of the org chart to cost management and continuous improvement.
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Dr. Dale R. Geiger CMA CGFM
Aug 31, 20212 min read
The AAR: Those Who Do Not Learn From History Are Doomed to Repeat It
The After Action Review (AAR) is a learning opportunity that is at the heart of effective cost management and control.
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Dr. Dale R. Geiger CMA CGFM
Aug 30, 20213 min read
Cost Role in Decision Making: Free Goods Have Infinite Demand
The logical extension of the demand curve as cost falls to zero is that demand becomes infinite!
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Dr. Dale R. Geiger CMA CGFM
Aug 25, 20213 min read
The Cost War: Why Is Financial Management Like Combat?
Cost management and combat have a number of similarities. First both represent a struggle to achieve a mission.
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Dr. Dale R. Geiger CMA CGFM
Aug 25, 20213 min read
Spending 99.9% of the Budget Is NOT Good Financial Management
Another common misconception is that budget management is the same things as cost management.
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Dr. Dale R. Geiger CMA CGFM
Aug 24, 20213 min read
Get More Bang for the Buck in a Cost Managed Organization
Many people seem to think the budget drives the mission. This is patently untrue. It is the spending the drives the mission.
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Dr. Dale R. Geiger CMA CGFM
Aug 19, 20213 min read
Four Absolute Requirements for Winning the Cost War
The four requirements for effective cost management are manager, support staff, coherent process and managerial cost information. Each...
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Aug 18, 20212 min read
The Four Commandments to be Followed in a Cost Managed Organization
A constructive After Action Review of cost and performance seeks to understand the actual results and drive action that leads to improvement
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Aug 15, 20212 min read
Do You Need a Bigger Budget?
Would you like to spend more on needed things? We are not talking about getting a pile of cash and setting it afire or wasting it.
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