S11 Ep4: The 100-year-old Management Process - Budgeting

#FinanceMaster

Enough bad has been said about budgeting – let’s explore the good parts.
You can use it to drive in-depth dialogues about business developments with business leaders. Don’t use it as the ultimate truth about the future, nor should you allocate 100% of your resources.
In this week’s show we will discuss how to optimize the process by ensuring management guidance and buy-in upfront to avoid changing the numbers multiple times over.
History tells us the budget won’t go away – instead, let's make the most of it! Here’s a list of other good budgeting tips.