Building Making It Happen
Establishing Making-it-Happen as ‘Formal & Measurable’ Business Discipline
  Sign-in         Register
    
   Budgeting and Allocation Alignment Investment Decisioning  

Execution-MiH Encyclopedia  →   Execution Making-it-Happen  →  SECTION -  Focus & Money-Machine  →  CHAPTER -  Financial Focus and Alignment  → 

Absolute and Relative Budgeting

To ensure that your budgeting and allocation is aligned & focus on the strategic priorities and on your money-making machine, one should adopt a mix of two methods. One is to allocate the money as per the needs of core priorities, and then distribute the rest of the monies to the non-core areas. This is the absolute approach. After you have done this, the next stage is to normalize your budgeting. You can look at the %age distribution of investments across your mission-critical, important and desirable agenda and see if the distribution makes sense. The other aspect of the relative investment is the time-span of the investments. If the investments related to your core priorities are skewed towards the later part of the year, there might be something wrong.


This page is part of exclusive Intellectual Property accessible only to the Clients of 'EXECUTION- MAKING IT HAPPEN' Practice.. Please contact practice@ExecutionMiH.com for more details. If you have already bought the access to this page, please login to access this service.

Welcome to the World of Execution Excellence
 
 
CONTENT ZONE
Focus & Money-Machine

Featured Pages
Leadership Competency Assessment Matrix
Competition information gathering strategy tool
Universalization of Execution
Give feedback closer to the observation

Make 'Executable' Strategy
Maximize Results
Maximize People
Manage Execution

Featured Pages
Sales Leads Management System
Capability Requirements Mapping Matrix
Entrepreneurial Hiring and Training
Data Management in Sales Campaign