Outcomes are important for any Finance organization. There are many means to the end in working within the Office of Finance. Working with the right people to implement the plan and monitor the plan is one method. Building up processes to keep the focus on the right activities is another. The tools utilized to support people and the processes is another important factor. All three create the means to the end for the team. Read more
Tag Archive for: Budgeting
The process of creating a new fiscal year budget or long range plan, especially for Higher Education, tends to be overly complex, fraught with strategy misalignment and riddled with errors. I know this all too well as a former Budget Manager at Montclair State University, New Jersey’s second largest institution. Later, I became an implementer of a CPM solution and realized these challenges were pervasive with other institutions – it’s a systemic problem. Read more
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