Learning Objectives
What you will learn from this seminar:
- How ABC has been transformed from a desktop costing tool to sustainable enterprise analytic business intelligence method
- How developments in ABC have enhanced the value of ABM and its impact on different types of organizations and the extended value chain
- Why ABC will become an integral part of emerging business intelligence systems
Download the slides.
Program content
Dr. Peter Turney’s seminar will highlight developments in the fields of ABC and ABM. When first developed, ABC was a costing tool used primarily to accurately allocate manufacturing overhead. Today, ABC is a sustainable analytic method that creates business intelligence for a wide range of applications in service and government organizations as well as manufacturing companies.
In this celebration of the second edition of Common Cents, Dr. Turney will review the evolution of ABC and ABM over the 15 years since the publication of the first edition. He will highlight developments in the field such as time-based ABC, resource planning, and customer profitability. He will also talk about new ABM applications that are made possible by these developments.
Participant level of understanding
This program is intended for participants with a basic or intermediate level of understanding on the topic.
About Dr. Peter B.B. Turney
Dr. Peter Turney is the President and Chief Executive Officer of Cost Technology, and also Adjunct Professor at the Darden Graduate School at the University of Virginia. He has published numerous works on management including Common Cents, the world's best-selling book on ABC and ABM, and articles in the Harvard Business Review, Sloan Management Review, Journal of Cost Management, Management Accounting, Target, Controller, and other journals. Dr. Turney is a frequent presenter to management groups, and has led successful implementations of performance management in government, manufacturing and service organizations worldwide.
