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Spring Budget 2024; CMI Submission

Chartered Management Institute

Policy Paper: Spring Budget 2024; CMI Submission Monday 04 March 2024 Share Share to Twitter Share to Facebook Share to LinkedIn Share via email Read CMI's 2024 Spring Budget Representation, which highlights growth and productivity, public services and the labour market. CMI members always see more.

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Sorry, You've Used Up All of Your Meeting Budget

Next Level Blog

» January 12, 2011 Sorry, You’ve Used Up All of Your Meeting Budget Recently, I spoke about leadership to a group of newly promoted senior managers. .    Every manager gets an annual meeting budget.  For instance, let’s say that your budget for meetings this year is $50,000.  What do you think? 

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Highlights – 13 March

Chartered Management Institute

In this week’s newsletter, we ask why investing in human capital doesn’t have parity with investment in R&D and physical capital; and we offer four key tips for preserving human skills even as you leverage the power of AI. It’s not just the Budget that’s unleashed an urgent debate on this issue. CMI members always see more.

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Budget Development Best Practice 1 – Maintain Confidentiality During Budget Development

Strategy Driven

Budgets are the financial representation of an organization’s business plan. Therefore, managers should ensure an appropriate degree of budget confidentiality is maintained throughout the development process. You just finished reading Budget Development Best Practice 1 - Maintain Confidentiality During Budget Development !

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Budget Development Warning Flag 1 – Division by Twelve Budgeting

Strategy Driven

Annual budget development is often time consuming and tedious, one of the evil necessities of managing a business. Subsequently, managers frequently seek shortcuts to reduce this burden; one such burden reducing action being the equal distribution of budget revenues and expenditures during each of the fiscal year’s twelve months.

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A Budget Does Not A Strategy Make!

Strategy Driven

However, when you review the result, you often find that the ‘ strategic plan ‘ is nothing more than a set of long-range goals and an annual budget. It is not budgeting. Indeed, to paraphrase the late, great Francis Pharcellus Church, “ Yes, Virginia, there is a Strategic Plan – and it’s not a budget! ”.

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What Is CRO Marketing?

Strategy Driven

That next step could be booking a consultation, signing up for a newsletter, or making a purchase. For instance, do you want to compel more customers to sign up for your newsletter? For instance, if your goal is to have more people subscribe to your newsletter, make the subscribe button more prominent on your website.

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