Does Your Budgeting Process Add Value?

Today, I'm musing about turning your company's budgeting process from wasteful drudgery to a value-adding exercise that helps develop individuals, teams, and builds your corporate culture. Optimally, your company’s budget should be an elegant financial expression of a tight, cohesive storyline that explains how tactics and execution in the upcoming year align with the company’s purpose, long-term vision, and master (or top level) goals.