Value Driver Trees & Enterprise Planning, Forecasting & Budgeting (Part 1)

Jack Welch, the former CEO of General Electric once characterized enterprise budgeting as something that not only “sucks the energy, time & fun” but also “brings out the most unproductive behaviors in an organization, from sandbagging to settling for mediocrity”. If strategic planning were a top priority for CFOs, enterprises must have mastered the budgeting process by sheer focus. However, it isn’t the case for several reasons.

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