Application of the budget and rolling forecasting as tools of strategical management of siderurgical company [Aplicação do budget e do rolling forecasting como ferramentas de gestão estratégica de uma empresa siderúrgica]

Abstract

The current economic scenario and the level of competition requires that companies become more competitive and efficient, and to achieve these goals is necessary to use strategies and management tools whose purpose is to control more efficient and effective, in order to reduce costs and focus on results proposed. In this context, the study aimed to examine the implementation of the Budget and Rolling Forecasting as tools for management of a steel company. And through the research literature with exploratory case study, we analyzed the importance and application of these tools. It was found that the tools can create a differential with regard to control a broad and detailed in a steel company, allowing management to an addition to an overview of the business, the possibility of revision of the costs and even the processes with the clear goal to achieve the proposed results and become more competitive. Besides the budget, the Rolling Forecasting allows managers the opportunity to see if the planning is occurring in a satisfactory manner, if the plans outlined in the budget are occurring, and in cases of diversion, allows the opportunity to outline strategies on different fronts to achieve the proposed results.