Why budgeting kills your company

2003

Here's a radical thought. Has your organisation's budget process really helped you do a better job of belt tightening during the current slowdown? Probably not. So why bother with a budget process at all?

"The answer, some experts say, is to dispense with budgets entirely—and replace them with a system of rolling forecasts and key performance indicators that shifts strategic decision making to customer-facing edges of the organization."

Harvard Business School | Why budgeting kills your company

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