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.
Work has changed. The office is no longer the center of the universe. In today’s connected world, more employees are doing work “out there”—either face-to-face with customers, in far-flung locations or simply in their pajamas....Click here to find out more.