Budgets!  A process where you ask for lots and settle for less.  A complicated game where every department fights over the crumbs dropped from the top table of the board, with the every increasing demand of doing more for less!

As the great UK band the Wonder Stuff sang in 1988 (crikey I’m old!) Give Me More More More!

Sorry!  Became very cynical for a moment, bit rangry as I wasn’t able to do parkrun this week.  Scott Adam doesn’t help with his Dilbert strips either.

Budget setting can seem a bit like that.   Hopefully this is an exaggeration and no-one has to really go through this.  Though I might have to agree in that Scott Adams was spot on about the sales and marketing departments.

Once a budget is set they can also be a damn good way of understanding the firms expectations, reacting to the speed bumps encountered along the way, along with motivating and rewarding people and teams.  All of this and more you will find in Chapter 7.  If you want to know what I think about it, you can find it here. ASS#2 Step 5 Chapter 7 Short Term Budgets

Happy Studies folks!