I believe that there are times when a traditional budget may be the
best option, They are very useful for strategic planning and a
pinpointing specific areas departments that are are operating or not
as as efficiently possible. They are based historic information and a on
organized. the other hand, that information can stale and On be
inflexible. The bigger concern and what experience with own a I my
company that too often the decision are based solely staying is on
under budget and doing often tied directly the bonuses so is to of
executives.
Using alternative approach that more flexible and encourages an is
everyone the company think more critically about expenses and in to
