Demonstrates how the principles of activity-based costing and other advanced cost management techniques, such as target and kaizen costing, can drive business performance. This book describes systems which assist front-line employees in their learning and improvement activities and make better product mix and capital investment decisions.

Two of the most innovative thinkers in the area of financial management have written a work that could stand for many years as the single best resource for understanding and applying activity-based cost management. Everyone involved in running a business--from general managers and strategic planners to financial executives, IT professionals, and operating managers--can learn from this book.