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| Execution-MiH Encyclopedia →
Execution Making-it-Happen → SECTION -
Focus & Money-Machine → CHAPTER -
Financial Focus and Alignment
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Budgeting and Allocation Alignment |
The premise here is that as an organization, one has to take an enterprise view of the budgets & allocation of resources to the initiatives and activities, which are closest either to the organization strategy or to the money making machine of the company. Organization strategy has core priorities related to taking the business forward. Money-Making machine (even if it is not part of a core strategic priority) is the ongoing cash-generating activities which have to be maintained and continuously improved (over and above pursuing new initiatives).
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