What is the core concept of financial management?

The core concept of financial management is:

Strengthen overall coordination and cooperation, and clarify the direction and focus of support for state-owned capital operation budgets. The revenue scale of the state-owned capital operating budget needs to be continuously expanded, the direction and focus of expenditures need to be further clarified, and the state-owned capital stock needs to be gradually revitalized, so that the state-owned capital operating budget can focus on solving the shortage of important resources in key industries of the national economy.

Increase Large investment in R&D and support for independent innovation will transform traditional industries and develop strategic emerging industries, promoting enterprises to achieve transformation and upgrading and changes in development methods.

Extended information:

The role of financial management:

1. Guiding role

The guiding role of performance management is mainly reflected in performance indicators The guiding role of performance indicators is to clarify goals and guide work for employees.

2. Constraint effect

Some performance indicators will clearly tell employees what they should do, whether the work they do is consistent with the performance indicators, and constrain employees' daily behaviors and management norms and Work priorities and goals.

3. Cohesion effect

Once the performance indicators are determined, employees will use various resources and gather all available forces to achieve and complete the performance goals, which can unite everyone in one ***The same goal and direction.

4. The role of competition

The setting of performance indicators requires employees to achieve goals through hard work. Performance indicators clarify the direction and goals of employees' efforts, thus providing employees with Competition goals and comparison standards between departments, between enterprises, and external parties make employees compete with each other to complete performance appraisal indicators.

Baidu Encyclopedia-Financial Management