budget process

In this series of blogs, I’ll be focusing on particular issues regarding the management of performance. In each case we will examine what causes the issue and then show how they can be overcome with the application of suitable technologies. In this first blog, I will loo...
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This is the tenth in a series of blogs on improving the corporate budgeting process. In the last blog I looked at developing scenarios as a way of overcoming budget ‘heroes’ and ‘villains’. In this blog we will look at making the budget process more dynamic. ...
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This is the ninth in a series of blogs on improving the corporate budgeting process. In the last blog I looked at checking budgets for realism.   In this blog we will look at the power of developing scenarios. ...
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This is the eighth in a series of blogs on improving the corporate budgeting process. In the last blog I covered making people responsible for the things they can control. In this blog we look at checking budgets for realism. As budgets are developed, it's important to give...
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This is the seventh in a series of blogs on improving the corporate budgeting process. In the last blog I covered linking budgets to strategy. In this blog we look at setting budgets that people can control. So often managers are discouraged by budgets assigned to them ove...
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This is the sixth in a series of blogs on improving the corporate budgeting process. In the last blog I covered driver-based budgeting. In this blog we look at the perennial problem of linking budgets to strategy. Everyone says that the budget should be linked to strategy. ...
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In my last blog I wrote on ways the budget and the budgeting process could be improved, even though you may have recently finished this year's budget round. In this blog I will look at a way of transforming the annual budget into a continuous approach....
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Given the time of year your company has either finished or is nearing the end of its budget process. For most it will have been a far from satisfactory experience that would have entailed 4 months worth of game playing, with a lot of time being wasted in handing out, collect...
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