CastInStone

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Cast in Stone although business conditions are always changing

06CastInStone.jpg
Each pain expressed in the survey implies different situations and concerns to different people. These implications, in turn, imply yet more situations and concerns. These implications have been organized and grouped into issues now showing as headings below. What additional implications do these call to your mind? Please feel free to add your implications to this page.

Then, follow the heading link to a page that discusses each issue. The page includes viewpoints and recommendations pertinant to the issue. You can also add your input to the issue page.

Compensation

  • More important for compensation than profitability

Data Management and Relevance

  • Lack of relevance during execution

Decisions

  • Cast in stone although business conditions are always changing
  • Managers held accountable although assumptions/numbers are out dated
  • Provides a touchstone or baseline
  • Final decisions made on old information
  • Lower level cannot communicate to upper levels
  • Not understood that planning is continuous
  • Business cycle may not be synched to the P&B process
  • Focus on short term only.

Freezing of the Budget

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