| Excerpt from www.NDMA.COM, © 2024 N. Dean Meyer and Associates Inc.
Book:
Internal Market Economics practical resource-governance processes based on principles we all believe in
Table of Contents
PREFACE: What Issues Does This Book Address? — 1 SUMMARY: The Contents in a Nutshell — 5 THE CONCEPT 1. Market Economics Inside Organizations — 9 2. Scope: Resource-governance Processes — 11 PROBLEM STATEMENT 3. The Traditional Approach, and the Problems It Causes — 15 THE VISION 4. Basic Principles of Internal Market Economics — 49 5. How Money Flows: Revenues Distinct from Expenses — 57
6. How Budget Planning Works: — 75
7. How Prices are Set — 81
8. How Enterprise Costs Are Funded: — 92
IMPLICATIONS: HOW THINGS WORK DIFFERENTLY 9. Cost Control — 105 10. Downsizing — 111 11. Shared Services, Mergers, and Acquisitions — 121 12. Expert Stewardship — 127 13. Outsourcing — 131 14. Unfunded Mandates — 141 15. Management Metrics and Internal Controls — 143 16. The Executive Bottleneck — 149 17. Summary of Differences — 155 THE BENEFITS 18. Financial Benefits — 161 19. Relationship Benefits — 178 20. Transformational Effects — 191 THE MECHANICS: IMPLEMENTATION 21. Two Subsystems, and the Components Within Each — 205
22. Planning Subsystem: Investment-based Budgeting — 215
23. Actuals Subsystem: Client-driven Governance — 230 LEADERSHIP STRATEGIES 24. Implementing Internal Market Economics — 249
25. Internal Market Economics Within a — 258
APPENDIX 1: Limits to Market Economics — 261 APPENDIX 2: The History of Internal Market Economics — 263 APPENDIX 3: The Cost Model — 269
APPENDIX 4: Beyond Activity-based Costing: — 281
APPENDIX 5: Systems and Tools — 295 APPENDIX 6: Benefits by Component — 305 APPENDIX 7: Steps in the Planning Process — 315 APPENDIX 8: Actuals Subsystem Gap Analysis — 321 Glossary — 325 Footnotes — 349 Index — 357
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