In the beginning of the year, most companies are still holding on to their annual budgets, although there are at least nine reasons why they should let go of them.
Transforming how planning is done is a major opportunity for most companies, but such initiatives are likely to fail due to seven fundamental mistakes.
Most companies running an annual budgeting process don’t truly have a strategy, as their decisions are determined by how to ‘hit the budget’ at all costs.
