Target Setting
Setting targets is one of the most important actions we take in management, but how often do we take the time to get this right and do we understand the consequences of getting our targets wrong? In this article we will outline the results of a two year research project sponsored by CIMA into target setting in practice and a ten step process to help … [ Read more ]
Content: Article | Authors: Mike Bourne, Monica Franco-Santos | Source: think Cranfield | Subject: Management
Six Steps to Improving your Planning and Budgeting System
This paper explains how companies try to use the budgeting system to integrate everything, but that the different needs are incompatible, leading to companies having problems with their planning and budgeting systems. It goes on to suggest a series of actions to improve the planning and budgeting process.
Content: Article | Author: Mike Bourne | Source: think Cranfield | Subjects: Finance, Management