Operating Without a Budget
Complete Chaos or Increased Agility and Profit?
Asking some managers to imagine running a company without budgets is like asking them to imagine the Earth without gravity. The universal law that grounds everything is gone, and the universe floats freely in chaos. Join me as we explore managing without budgets in a world you might call . . . The Twilight Zone.
In this video, I’ll:
- Explain how companies operate without budgets to increase agility and profit
- Reveal what a company needs to have in place to operate without a budget
- Explore what's really approved in a budget
- Identify the pros and cons of operating without a budget to help you decide if it's right for you