Driving Process Efficiency in Planning, Budgeting and Forecasting [SiriusDecisions]

December 27, 2016

Teaching personal financial management to teenagers can be challenging. They may nod their heads in agreement as the concept and benefits of a monthly budget are explained, but as frequent overdraft notices and entire allowances spent on snacks amply demonstrate, compliance is often weak.

Most organizations conduct an annual planning process, but the goals of this process usually are not explicitly stated, nor is its performance consistently tracked throughout the year.

In this brief, SiriusDecisions presents a three-step process to assess issues in planning, budgeting and forecasting; improve planning activities that commonly underperform; and establish measurements to monitor and build on those improvements.

Download the Driving Process Efficiency in Planning, Budgeting and Forecasting brief.

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