The field of management
accounting is experiencing a
punctuated shift toward more
progressive methods and practices. The cause is reaction
to (1 ) business marketing and
sales techniques that are increasingly customer centric and
require predictive planning and
(2) operational manager needs to
improve productivity by removing waste, shortening cycle times,
and increasing efficiency and
effectiveness. What are the major
trends involved? I’ll cover the
first three trends in this article
and the other four in Part 2.