Stop Conflating Budget with Strategy

Each year, managers in your company sit down to devise budgets for the next twelve months. As a participant in the process, you see that each department’s spending reflects certain priorities. Where do these come from? Are some correct in calling them “strategic”? Should they be reconciled in some way? <More below>

Article originally published in the Jamaica Gleaner on July 31, 2022. https://jamaica-gleaner.com/article/business/20220731/francis-wade-stop-conflating-budget-strategy

To search my archive of past bi-weekly newspaper columns, visit?https://blog.fwconsulting.com ?#corporateculture ?#caribbean ?#productivity ?#strategy

Francis Wade

P.S. It's time to set time aside for your strategic planning retreat but you suspect that the usual process won't yield an inspiring result that moves the needle.

Get your team up and ready by sharing the video replays from the Caribbean Strategy Conference. You may be able to spark a sense of urgency before next year starts, in time to be the disruptors of your industry!?Click here for more information.