Aligning Budgets to Strategy – The Key to Long Term Profitability
In most organizations, strategic planning and budgeting are separate processes, making them out of alignment from their inception. This webcast explores a practical “real world” planning approach that aligns spending to long-term strategy, creates a culture of accountability and responsibility, and might actually be fun when everyone gets on board. The result will create a model and culture for your organization’s future growth and profitability.
Basic Course Information
Learning Objectives
- Gain insights that will align your organization's budgeting and strategy process
Major Subjects
- Introduce a twelve step Practical Planning Process (PPP) linking strategic plans to your operating budget
- Examine how to engage operations, administrative, and executive teams in the twelve steps and a rolling forecast methodology
- Drive a living planning process that permeates throughout the entire organization
- Provide a real life example of a successful twelve step process implementation
- Examine the pitfalls of poorly supported or designed planning process implementations