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dc.contributor.advisorMutty, John E.
dc.contributor.advisorMcCaffery, Jerry L.
dc.contributor.authorPritchard, Marcus Allen
dc.dateJune 2003
dc.date.accessioned2012-08-22T15:30:24Z
dc.date.available2012-08-22T15:30:24Z
dc.date.issued2003-06
dc.identifier.urihttp://hdl.handle.net/10945/9861
dc.descriptionConrad Reporten_US
dc.descriptionApproved for public release; distribution is unlimited.en_US
dc.descriptionMBA Professional Reporten_US
dc.description.abstractEffective execution of the Department of the Navy's (DoN) budget is critical for national defense. However, political instability and the evolving demands placed upon the Navy and Marine Corps team present challenges in the execution and future planning of DoN budgets. In the current budgetary system, shortfalls are typically funded through targeted cuts while the methodologies for recapitalizing cost savings are non-existent. The proposed Navy escrow account provides a buffer for rapidly shifting requirements and budgetary shortfalls. It creates an incentive for generating cost savings and the means to redistribute those savings toward emergent financial demands or unfunded requirements. This study outlines critical factors in creating and maintaining a Navy escrow account. Specifically, it addresses: 1) the proposed operation and functioning of the Navy escrow account 2) barriers to implementation including legal restrictions and potential congressional and Department of Defense (DoD) resistance; and 3) proposed implementation strategies including the required cultural modifications and techniques for effectively managing the change process associated with the creation of an escrow account mechanism.en_US
dc.description.urihttp://archive.org/details/anavyescrowccoun109459861
dc.format.extentxviii, 165 p. : col. ill. ; 28 cm.en_US
dc.publisherMonterey, California. Naval Postgraduate Schoolen_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. As such, it is in the public domain, and under the provisions of Title 17, United States Code, Section 105, may not be copyrighted.en_US
dc.subject.lcshEscrows|zUnited States.en_US
dc.titleA Navy escrow account: increasing financial flexibilityen_US
dc.contributor.departmentGraduate School of Business & Public Policy (GSBPP)
dc.description.serviceCommander, United States Navyen_US
etd.thesisdegree.nameM.B.A.en_US
etd.thesisdegree.disciplineBusiness Administrationen_US
etd.thesisdegree.grantorNaval Postgraduate School (U.S.)en_US


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