Factors Influencing the Achievement of Budget Management based on Strategic Budgeting of Sukhothai Thammathirat Open University

Abstract

The objectives of this research were (1) to assess the circumstance of strategic performance – based budgeting system, (2) to study the achievement levels of strategic performance – based budgeting management), (3) to study the factors affecting the strategic performance – based budgeting management efficiency, and (4) to present the strategy for improving the strategic performance – based budgeting management of Sukhothai Thammathirat Open University.

The sample of this mixed methods research consisted of (1) 173 sample from 305 personnel working involved in planning and budgeting were selected by simple random sampling and (2) 4 sample from 8 executives of Sukhothai Thammathirat Open University were selected by purposive sampling.. The studied sample were (1) a group of 173 administrators or related officers in planning and budgeting sections, a population ratio and sample random sampling were provided for this group, analyzed by Taro Yamane formula at 95% confidence interval. (2) The 4 executives of the university The research instruments were questionnaires and interviews. The statistics used for quantitative analysis were percentage, mean, standard deviation, t-test and stepwise multiple regression analysis. Whereas qualitative analysis by analytical description.

The findings of this research were (1) the achievement of strategic performance – based budgeting management of Sukhothai Thammathirat Open University was at a high level. (2) Strength was the effective system leading to the success of output and outcome which was the goal result of the organization. Weakness was communication in knowledge and procedure of strategic performance – based budgeting system caused misunderstanding. Opportunity was to reorganize the ministry with systematically planning and budgeting management related to the present situation and modern technology. Threat was politics, domestic changes of executive or policy caused the framework and budgeting plan unresponsive to the national development or inconsistent performance. (3) Political factors and regulations and the factors of new public management affected the achievement of strategic performance – based budgeting management of Sukhothai Thammathirat Open University significantly (p < 0.05). (4) The strategies for improving the system of strategic performance – based budgeting management of Sukhothai Thammathirat Open University such as to support corporate budget by funding particularly, to revise the procedure of budgeting management, to provide information technology for effective budgeting management and to improve personal skills in terms of knowledge and understanding about planning and budgeting as well as related regulations

Keywords: Budgeting management / achievement / strategic performance based budgeting