Business Finance - Accounting Homework

Budgeting

Describe your company's annual budget process. If you don't know how the budget process works, how can you find out? Discuss this with your manager or, if possible, someone in the finance department who oversees budgeting for your department/division.

· What is your involvement in the process?

· What works well? What doesn't work?

· If you were CEO/CFO, what changes would you make and why?

· How would you communicate to employees the value that the process brings to the business?

Learn Today, Apply Tomorrow

As you have discovered in this course, people management is complex and involves a wide range of skills. What do you think are the most important skills for you to work on right now, to become a more effective manager? How can you "learn today, apply tomorrow" based on your learning in this course?

Use the prompts below to organize your thoughts:

· Pick two key people management skills that you would like to improve

· Explain why these capabilities are the most important for you to work on at this time

· Describe two specific ideas to put your enhanced key skills into practice in the workplace