Question
Budgets, once meaningful control instruments, have become (in todays dynamic information/knowledge economy and global buyers markets) a danger for lasting enterprise success, says Steve Player,
Budgets, once meaningful control instruments, have become (in todays dynamic information/knowledge economy and global buyers markets) a danger for lasting enterprise success, says Steve Player, director, BBRT North America. They prevent fast and flexible adaptation to the market so that full potential is not realized. They often promote mistrust, deception and endanger the external corporate transparency demanded today.
Discuss how Rolling forecasts solve the problem of tying executive and employee compensation directly to performance against the budget, by instead focusing on outperforming the competition and achieving high performing results.
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