Not to mince words, but corporate budgeting is a joke, argues HBS professor emeritus Michael C. Jensen in this Harvard Business Review excerpt. The problem isn’t with the budget process—it’s when budget targets are used to determine compensation.
Content: Article
Author: Michael C. Jensen
Source: Harvard Business School (HBS) Working Knowledge
Subjects: Finance, Management
Author: Michael C. Jensen
Source: Harvard Business School (HBS) Working Knowledge
Subjects: Finance, Management
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