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FMN Finance  |  Format:

Managing a Budget-Less Organization: HOLT CAT's Experience

Course Overview
Despite its inflexibility, the budget process remains a cornerstone of most companies' management system. But is it possible to base corporate goals on maximizing performance potential? In our closing segment, Paul Hensley, chief financial officer at HOLT CAT, describes the advantages, as well as the challenges, of running a budget-less organization.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • explain why beyond budgeting is a relative improvement contract;
  • define the role that benchmarks and metrics play in forecasting;
  • distinguish between forecasts and traditional budgets;
  • identify why banks and lenders appreciate forecasts.

    Available For: $69.90 An annual subscription to FMN Online Subscription is also available for: $449.00 (tell me more)
       
    Catalog Number: FMN971-FM
    Credits: 2 NASBA / 2 QAS
    Author: FMN Online
    Prerequisites/
    Advanced Preparation:
    Work experience in a corporate staff position, or an introductory course in finance
    Course Level: Update
    Field of Study: Finance
    Content Partner: FMN Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: New Standards
    Soft/Hardware Reqs.: » Adobe Acrobat® Reader for the .pdf files
    » Adobe® Flash® Player 8 or higher
    » 56k or Greater Internet Connection
    » Modern DHTML Compatible Browser
    » Ram: 256 MB minimum
    » Sound card with speakers/headphones
    » Windows or Mac OS
    Release/Expiration Dates: Jun 08, 2012 / Jan 13, 2014
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