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Freed from the Budget

Many companies see budgeting as a time-consuming exercise of limited value. Some are resorting to a radical fix: getting rid of the budget.

September 1, 2012

In his book Winning, General Electric's Jack Welch famously griped: "It sucks the energy, time, fun, and big dreams out of an organization. It hides opportunity and stunts growth. It brings out the most unproductive behaviors in an organization, from sandbagging to settling for mediocrity." Read more...

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