Making Budgets Work: Using Budgets to Improve Performance
- LID Editorial
- LID Publishing
Budgets are a valuable tool for managing performance within any organisation, underpinning every part of the business – from personnel to marketing, product development and operations to IT. However, there is a paradox. Despite their widespread use and the need to include budgets in all areas of business operations, budgets are often resented and their full potential not realised. In some cases, managers disregard or ignore budgets altogether, believing that they lack value or credibility, often with disastrous consequences.
In this Book
Making Budgets Work—Using budgets to improve performance
Benefits of Budgeting