Use agile budgeting to manage your cash
David Teten
NOVEMBER 26, 2019
Instead of budget approvals, monitor key metrics and give managers more flexibility. Traditional budgets can be destructive and a huge waste of time. How should a growth company manage their budget? Does the annual budget approval process even make sense in a fast-moving firm? My friends who are executives at large, established companies complain about how their fixed budgets lead to gamesmanship.
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