It's inefficient, ages too quickly, and is out of sync with the strategic plan. “No wonder so many executives hate toiling over the annual budget”, says Peter Horvath, Europe's leading authority on management accounting, controlling, and budgeting.
In this white paper, Horvath and his associate Dr. Ralf Sauter describe six ways to fix budgeting, including integrating it with the Balanced Scorecard, to support strategy execution in today's fast-changing environment.
Download the article “Why Budgeting Fails” now. It’s complimentary from Workday Adaptive Planning.