- Duration: 3 Days
- Timings Full Time, Full Time
Better budgets can boost the department and career to higher levels of performance and success. Well-informed executives use the budgeting process to take stock of their direction, refine their goals, and share their mission with their staff. They use budgeting to control costs and expenses and hence contribute to the overall profitability of their operation. Their budgeting reveals their position in the market, places untapped resources at their command, and motivates all employees to greater levels of productivity. They use their budgets to propel them towards the top of their industry. This program shows how the budget can be the most powerful tool for strategy and communications. It points out that budget brings into light all of the factors that every manager must consider, such as industry conditions, competition, degree of risk, stability of operations, capacity limitations, pricing policies, turnover rates in assets, production conditions, product line and service considerations, inventory balances and condition, trends in the marketplace, number of employees and their technical abilities, availability and cost of raw materials, available physical resources, technological considerations, economy, and political aspects. Then it uncovers the role each of those factors plays in achieving organizational goals. Since those goals cannnot be achieved single-handedly, this program suggests ways to use the budget to help each employee appreciate how they will contribute to the division's and company's cost control and ultimately to profitability.
We are passionate about making a difference through our Learning Development Interventions and Management / HR Development Projects that transform our clients leaders, managers, teams and organizations to be more business-oriented. That is whaT Bbusinesss indicates.
Our successful approach ensures that investments made by our clients produce the desired on-the-job changes and clear, measurable results for the organization.
At Bbusinesss, Learning and Development is much more than a single event. It is a Journey. Our proven approach is comprehensive and dynamic, with reliable experienced consultants and support team to assist you every step of the way.See all Bbusinesss courses