Rethinking Planning, Budgeting and ForecastingBabies, bathwater and best practices |
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In our experience, most organizations today don’t have to dig very deep to find people who are frustrated with planning, budgeting and forecasting. You might even be one of them. And yet, it's possible to use that frustration to uncover clues about what may not be working. Time-consuming manual processes. Endless budget iterations. Wasted technology. Conflicting goals. Poor decision-making. These are the things you could easily do without.
For decades, companies have handled planning, budgeting, and forecasting pretty much the way they always have. Each year brings the hope that things will be different this time. But the result is almost always the same. Some say that's the definition of insanity. It may be time to rethink your approach.
If planning, budgeting and forecasting isn't delivering the value your business expects, it may be time for a good scrubbing. But don't throw it out. This book is about having it all. Finding what works in planning, budgeting, and forecasting, while moving away from approaches that don’t create value.
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Rethinking planning, budgeting and forecasting
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