Budgets Should Facilitate Communication, Collaboration, Cooperation, and Coordination

(Beyond) Budgeting
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(Beyond) Budgeting > Best Practices

Donald Liveley, Teacher, United States
The metaphor of an algorithm explains the dynamics of budgeting. Traditional budgeting is like those early cobol and basic programming. As organizations and societies have evolved, having had to become more responsive to environmental cues and stakeholders, the ability to make adjustments to budgets has also become critical. Hence the emergence of non-traditional budgeting methodologies. Here is where I scream for the need to develop statistics as a language base, not a just a methodology. Budgets should facilitate communication, collaboration, cooperation, coordination that allow the numbers to provide sensibility about correlation. The key correlation that I propose is between the values that an organization espouses (Argyris and Schon) and its allocations of resources whether time, money... Otherwise the budget becomes a slave master to task compliance. Robert Quinn talks about the slow death of the task compliance mentality. This brings us to a correlation about the urgency of le (...) Read more? Sign up for free

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