As you prepare your budget, confront ambiguities head-on. If your projections are shrouded in unavoidable uncertainties, be conservative. But don’t go overboard or you’ll lose credibility and undermine your ability to use the budget as a management tool. Arrive at reasonable figures by studying year-over-year trends, weighing each variable that can throw off your plans and seeking advice from a mentor.
If you’re flying solo in your HR department, you feel pulled in a million different directions at once. How can you navigate to meet the needs of all your internal customers, play a more strategic role in your organization — and keep yourself sane?...Click here to find out more.