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Tim Jones, Consultant, United States
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Folks, all you have to do is look at the US debt and look at the fact that we have lived "beyond our means" for sometime now. You can't continue to operate without a plan for your money! It gets you in trouble as a household or as a country! The US is $16 trillion in debt!
Companies go bankrupt everyday because they operated on the assumption that a budget wouldn't work, was too time consuming, too much bureaucracy, etc.
It's time that we have professors in our universities that have experience in the real world and quit hiring these "financial philosophers" who operate on "theory" and have no idea what it is like to operate within limits, meet a payroll, develop realistic five-, and ten-year plans, etc.
We still have to operate according to sound business principles. Just because the airplane has been invented doesn't mean that gravity has somehow ceased to exist or apply to us! (...) Read more? Sign up for free
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Isaac Asante, Financial Consultant, Ghana
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Why Budgeting is Important
Every management tool has weaknesses. The point in (...)
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Sergey Baltin, Manager, Russian Federation
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That's Simple - Its a Drug
I totally agree, but this is from the point of vie (...)
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Tim Jones, Consultant, United States
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That's Simple - It's a Drug
@: you are right concerning politicians. You are c (...)
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Benjamin Ogudoro Nkemakolam, Financial Consultant, Nigeria
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Budgeting Still Relevant
The relevance traditional budgeting depends on the (...)
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Dario Gragnani, Manager, Italy
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Why Budgeting is Useful
Budgeting is useful. 'You cannot manage what you d (...)
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Andyson Mupeta, Student (MBA), Zambia
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Budgeting is Still Useful
Traditional or not it, budgeting remains a helpful (...)
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More on (Beyond) Budgeting
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Special Interest Group Leader
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