Time-Driven Activity-Based Costing

About the AuthorsRobert S. Kaplan is the Marvin Bower Professor of Leadership Development atHarvard Business School. Kaplan joined the HBS faculty in 1984 afterspending 16 years on the faculty of the Graduate School of IndustrialAdministration (GSIA), Carnegie-Mellon University. He served as Dean of GSIAfrom 1977 to 1983. Kaplan received a B.S. and M.S. in Electrical Engineeringfrom M.I.T., and a Ph.D. in Operations Research from Cornell University. In1994, he was awarded an honorary doctorate from the University of Stuttgart.Kaplan's research, teaching, and consulting focus on new cost andperformance measurement systems, primarily activity-based costing and theThe Balanced Scorecard. He has authored or co-authored more than 100 papersand ten books. Kaplan received the Outstanding Accounting Educator Award in1988 from the American Accounting Association (AAA), and the 1994 CIMA Awardfrom the Chartered Institute of Management Accountants (UK) for "OutstandingContributions to the Accountancy Profession."Steven Anderson is Chairman and Founder of Acorn Systems, Inc. a consulting andsoftware company with offices in Houston, Austin and Philadelphia that specializes inprofit management and other decision automation software tools that help boost theoperating profits of their clients. In 1996, Mr. Anderson founded Acorn and pioneeredthis new time-based approach to ABC. He has written several white papers and articleson this and related subjects. Mr. Anderson is an alumnus of Harvard Business School(Baker Scholar) and McKinsey & Company. He also holds an engineering degree fromPrinceton University, and an accounting post-baccalaureate from University of Houston.He can be reached for advice at (610) 687-8400, x1002, or by e-mail atsanderson@acornsys.com. For additional information on this subject, visit AcornSystems at www.acornsys.com.17