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Over Four Decades of Industry-led Collaborative Research Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved. Consortium for Advanced Management - International

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Overview of CAM-I (Consortium for Advanced Management - International). Over four decades of industry led collaborative research. Global leadership in cost, process and performance management

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Page 1: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Consortium for Advanced

Management - International

Page 2: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

What is CAM-I?

What is CAM-I?

CAM-I (Consortium for Advanced Management-International) is an

international consortium of industry, government and research

organizations.

CAM-I Mission

To serve as a collaborative forum of thought leaders who develop practical

and effective management tools, techniques and methods to advance the

way organizations manage costs, processes and performance.

ABOUT CAM-I

Founded with Department of Commerce support in 1972

Non-Profit, 501c3, Collaborative Membership Organization

CAM-I’s membership is diverse - Manufacturing, Service Companies, Government, Consulting

Companies and Associations

Page 2

Page 3: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

CAM-I – Core Values

Our success comes as a result of our shared set of core values, which are embraced by all members:

• We have a passion for innovation. We don’t enjoy resting on old ideas and old methods. We are impatient with the idea of waiting for someone else to solve our problems.

• We seek innovation through the power of our network. By bringing together diverse ideas and experiences, we attain the kind of synergy that stimulates creativity. Our intellectual property is, and a result of, an active voice of interaction. Innovation is through “we,” not “me.”

• We constantly seek relevance. Ideas that have a tangible purpose for business are the ideas that we pursue. Our brand is founded on the basis of a membership that seeks to fix the business issues faced by the membership.

• We place intrinsic trust in each other. We respect each others’ corporate proprieties while sharing experiences and insights through open interaction that leads to useful solutions.

• We respect the commitment of our members. We recognize that success depends on the mutual collaborative effort of all members searching for common solutions. We value each other’s time and appreciate the ideas each member brings forward.

Page 4: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Organizations who have and are

working with CAM-I

Acorn Systems

Allied Signal

Alta Management Japan

AMP Incorporated

Arkonas

ATI

Avnet

BAE Systems

Bank of America

Bintech Mexico

Bob Paladino & Associates, LLC

The Boeing Company

Bombardier

Calibre Systems

Caterpillar

Chrysler

Cisco Systems

Clinton Rubin

CPA Canada

Daimler Chrysler

Decimal

Deere & Company

Definitive Logic

Delta Solutions

Department of Treasury

DFW Airport

Dresser-Rand

Eastman-Kodak

Eastman Chemical

Emerson Electric

EMA Inc.

Fairchild Semiconductor

Godrej Group

Grant Thornton LLP

Harley-Davidson

Harris Corporation

Hitachi – San Jose, CA

Honda of America

Honeywell International

IBM

The Institute of Cost Accountants of India

ISMI

Johnson Controls

Kenworth Trucks

Korea Management Accounting Organization

Lockheed Martin

Medrad

Mitsubishi Heavy Industry

NASA

Navistar

Northrop Grumman

Nummi/Toyota

ON Semiconductor

Page 5: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Organizations who have and are

working with CAM-I

Pella Corporation

Pilbara Group, Inc.

Pinnacle West

Porsche

Positive Eye Consulting

Premier, Inc.

Proctor & Gamble

Raytheon

Regence

PMCS Services, Inc.

RGS Associates

Rockwell Collins

Royal Australian Navy

Sandia National Labs

SAP AG

SAS Institute

Shell Oil

ServQ – UK

Stellargy Services LLC

Targeted Financial Solutions, LLC

Tata Consulting

The DeNovo Group

Texas Instruments

TSA

Unipart Group Limited

U. S. Air Force

U. S. Army

U.S. Coast Guard

U.S. Department of Agriculture

U.S. Health and Human Services

U. S. Marine Corps

U.S. Navy

U. S. Patent and Trademark Office

Whirlpool Corporation

VEN International – UK

ViON

Wesley Quest Co. Ltd.

Page 6: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

University and Professional Affiliations

Arizona State University

Babson College

Kellogg (Northwestern)

Texas State University

The University of Akron

The Ohio State University

Weber State University

University of Wollongong

University Affiliations

Great Lakes Institute of Management – Chennai

Confederation of Indian Industries (CII)

WISAAL Development Centre

The Institute of Cost Accountants of India

Product Data Exchange using STEP (PDES, Inc.)

Institute for Defense Analyses

CPA Canada

Technical and Knowledge Partners

Page 7: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Areas of Expertise

Current Initiatives

Cost Management

Integrated Risk & Crisis Management

Target Costing Best Practices

Intelligent Data Quality Management

Performance Management

Environmental Sustainability

Other significant areas CAM-I has worked

Change Adaptation and Learning

Process Based Management

Business Intelligence

Planning and Budgeting

Operational Data and Cost Measurement

RESOURCES

ACTIVITIES COST

DRIVERS (cause of costs)

COST

OBJECTS (products, services,

customers)

PERFORMAN

CE

MEASURES

Resource Drivers

Activity Drivers

Process View

Cost Assignment

View

Customer Profitability

Capacity Management

Resource Consumption

The CAM-I Cross

Page 8: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Current Initiatives and Past initiatives

Current Initiatives

The following areas are identified by our members, subject matter experts and

academia which we are working on. This is how we fill in the gap and help our

members:

Cost Management

Integrated Risk & Crisis Management

Target Costing Best Practices – profit planning, market driven targeting pricing

Intelligent Data Quality Management

Performance Management

Environmental Sustainability

Other significant areas CAM-I has worked in –

Operational Data and Cost Measurement Assessment, Business Intelligence, Planning

and Budgeting, Customer Profitability, Capacity Management, Six Sigma Best Practices,

Resource Consumption, Change Adaptation and Learning, Process Based Management.

Page 9: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

CAM-I - Types of Deliverables

• Management Accounting Guidelines.

• White papers and position papers.

• Standards

• Benchmarks

• Methodology – Product of developing an organized system of principles and

philosophies from group experiences and insights.

• Models - Models for analysis and various business functions

• Tools - Support the management and measurement of business processes

with standardized indexes and analysis.

• Training - Valuable tips, techniques, illustrative real-world examples, exhibits,

and best practices, for this forward-thinking, strategies, developments, and

technologies

Page 10: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Examples of Recent Accomplishments

• Integrated Risk and Crisis Management - The Landscape - 2014, A Concept White Paper – 2013

• Intelligent Data Quality Management – Data Life Cycle Model

• Managing Environmental Sustainability Using Target Costing Principles

• Emerging Issues Paper on Environmental Sustainability, Activity Based Costing – with CPMA

Canada Research and Innovation

• Operational Data and Cost Measurement Assessment Modular Manual

• Addressing Commodity Price Volatility in Product Development through A Mature Target Costing

Process

• Chronic Disease Care: Applying a performance management maturity framework to improve

diabetes care in an inpatient setting

• Performance Management Maturity Framework

Page 11: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Deliverables in Progress

• Target Costing Group

The group at CAM-I is working on a Target Costing application for the

industry with Arizona State University. The group is also working on

updating CAM-I's Target Costing "Readiness Diagnostic" survey.

These will be given out to the members at the December 2014

meeting. Next stage is to apply Target Costing to a Service industry.

• Performance Management

Continuation of Phase II Research. Finalize the CAM-I Performance

Management Framework (PMF) and development of the components of

the PMF Implementation Guidebook.

Page 12: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Deliverables in Progress

Cost Management Group

This group is working on the following things –

• Ready access to time-tested practices

• New emerging issues in cost management

• Tools for customer profitability, market driven target costing,

• More techniques on data analytics, managerial toolkits and

• Modeling and simulation

Page 13: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Deliverables in Progress

Integrated Risk and Crisis Management Special Interest Group

The Integrated Risk and Crisis Management (IRCM) Special Interest Group has

identified the “toggle switch,” or inflection point, that operates between risk and

crisis management. Leaders will benefit from the tools in development to better

prepare for and manage through a crisis –

• Scoring template for IRCM tolerance

• Scoring template for IRCM impact and likelihood

• IRCM register template

• IRCM maturity model

• Sample crisis plan

• Development of examples of key IRCM indicators that reflect the toggle switch

concept

• Crisis case studies identifying the toggle switch for each participating

organization

Page 14: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Deliverables in Progress

Intelligent Data Quality Group

The Intelligent Data Quality Group seeks to develop a framework or equation that

can put a dollar value on any record of data in any data system. The ability to value

a record in quantitative, monetary terms will allow organizations to manage their

data using traditional asset management techniques.

Each element of the framework (or variable of the equation) is a deliverable of this

group. The first two elements have been defined as deliverables, including:

• Data Lifecycle Stage – The Group examined data lifecycle models throughout

the industry and created a best-of-breed lifecycle model. The deliverable details

the activities, enablers, risks, and valuation considerations of a record of data

as it moves through the lifecycle.

• Data Management Maturity – The Group is examining the maturity of an

organization with regard to data management practices, as organizations that

have higher levels of maturity are able to do more with their data, thus the

valuation increases. The deliverable will be a companion approach to the

Performance Maturity Model's Information Management enablement

component.

Page 15: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Deliverables in Progress

The Environmental Sustainability Interest Group (ESIG)

Conduct a case study to understand how organizations manage their

environmental sustainability initiatives, and if/how they utilize ABC/M principles to

this end. This work is the follow-up to a whitepaper the interest group wrote

entitled: Measuring and Managing Environmental Sustainability: Using Activity-

Based Costing/Management (ABC/M). Through the case study, ESIG will work to

understand:

a) The objectives of environmental sustainability (ES) programs

b) How organizations manage their ES programs

c) Best practices and challenges/pitfalls identified in managing ES programs

d) How cost has been integrated into ES programs

To date, the ESIG has interviewed 5 organizations (including several current CAM-I

members) and is currently compiling results.

Page 16: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

• September 8 - 10, 2014 - St. Louis, Missouri

• November 6, 2014 - International Performance Management Symposium in Montreal

by CPA Quebec, CAM-I and DECIMAL

• December 8 - 10 , 2014 - New Orleans, Louisiana

• February 17 – 18, 2015 - London, United Kingdom

• March 9 - 11, 2015 - Alexandria, Virginia

• June 8 - 10, 2015 - Toronto, Canada

• September 14 - 16, 2015 - Seattle, Washington

• December 7 - 9, 2015 – Austin, Texas

2014 Upcoming CAM-I Meetings

Page 17: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Target Costing:

Target Costing - The Next Frontier in Strategic Cost Management

Hitting The Target – The CAM-I Target Costing Implementation

Guide

Process Based Management:

The Road to Excellence – Becoming a Process-Based Company

Process Based Management – A Foundation for Business

Excellence

Planning and Budgeting:

The Closed Loop – Implementing Activity Based Planning and

Budgeting

Change Adaptation and Learning:

Chasing Change – Building Organizational Capacity in a

Turbulent Environment

Landmark CAM-I Publications

Page 18: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

An ABC Manager’s Primer

Capacity Measurement & Improvement:

Guide to Evaluating & Optimizing Productivity

The 60 Minute ABC Book:

Activity-Based Costing for Operations Management

Cost Management for Today’s Advanced Manufacturing

Landmark CAM-I Publications

Page 19: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

CAM-I Futures Forum/ Advisor

Dr. Bala Balachandran – Northwestern - Kellogg, Great Lakes Institute of Management,

University of Houston

Ashok G. Vadgama

President

CAM-I

Srikant Sastry

Chairman

Partner - Grant Thornton

Anthony Scardino

CFO

USPTO

CAM-I Board of Directors

Tony Stinsa

Director - Purchasing

Navistar Inc.

Daniel R. Hirner

Director – Acquisition

and Finance

The Boeing Company

Anthony Pember

CEO

Pilbara Group Inc.

George Millush

Chrysler – (Retired)

Page 20: About CAM-I

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2013 CAM-I. All Rights Reserved.

Ashok G. Vadgama

President

[email protected]

Phone: (512) 617-6428

Contacts