The Short Answer 1. An action plan describes who will do what when and how. Action plans are developed after your strategy is developed. For each element of the strategy, identify tasks down the left column and across the top: who is responsible (primary and secondary), begin and end dates, … Read More
2.15 OK, so what’s the link to the budget?
The Short Answer 1. Budgets are about choices. And results based budgeting (ends to means thinking, talk to action thinking) means we will have better choices. It does not mean that we will make better choices, but we will have better choices. 2. Budgets are about allocating scarce resources. Results … Read More
3.16 How do we use performance measures in budgeting?
The Short Answer 1. Performance measurement is not a magic answer. Budgeting is about choices. And choices are about power and politics. Improving budgeting does not necessarily mean improving decisions. But budgets can be made better by presenting better choices and presenting them more clearly. 2. Performance budgeting can present … Read More