Don't tell me about your strategy - show me your budget.

Feb 25, 2010 07:33


The bottom line is in the subject line and is self-explanatory. Budget is probably the most precise descriptor of the true strategy of a company, not the one stated on the website and glossy booklets. Implementation of a strategy depends on (at least) two things - crating the right system of incentives for people to drive the organization to where it wants to be and resources to do so (aka budget). How rarely people acknowledge this. Bufget is often seen as a stand-alone instrument without any link to strategy. Very underuppreciated, unrecognized and unacknowledged. Amen.

organization, organizational behavior, management

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