Sat.Feb 04, 2012 - Fri.Feb 10, 2012

Strategy Driven

article thumbnail

Budget Development Best Practice 1 – Maintain Confidentiality During Budget Development

Strategy Driven

Budgets are the financial representation of an organization’s business plan. As such, they convey a great deal of information regarding the organization’s direction – its ongoing operations, market pursuits, future investments, and staffing levels. And while it is important to include the workforce in the formulation of these plans, it is equally important to maintain the confidentiality of information providing competitive advantage or that may unnecessarily alarm workers.

article thumbnail

Recommended Resource – Great by Choice

Strategy Driven

Great by Choice : Uncertainty, Chaos, and Luck – Why Some Thrive Despite Them All. by Jim Collins and Morten Hansen. About the Reference. Great by Choice by Jim Collins and Morten Hansen represents a detailed assessment of companies thriving in times of uncertainty compared with similar organizations not performing so well. In the analytical tradition of Built to Last , Good to Great , and How the Mighty Fall , Collins and Hansen imperially demonstrate that organizations performing well in

article thumbnail

Complimentary Resource – Six Mistakes Companies Are Making Today And How You Can Avoid Them

Strategy Driven

Six Mistakes Companies Are Making Today And How You Can Avoid Them. by SAP. When the economy slows, many businesses react by retrenching and cutting costs in order to weather the downturn. While such cost reduction is important, companies often overlook equally critical strategic decisions—opportunities to use valuable business information to strengthen product and service offerings and emerge ahead of the competition.