Budgets are strategic tools so pruning is better than slashing

Image of woman pruning & shaping topiary

Budgets are strategic tools – they allocate resources to strategic priorities. Pruning and shaping spending is better than slashing and burning. It is easy to cut costs by slashing but it is hard to prune and shape an organisation. Strategic budgeting shapes long-term value. Pruning and shaping needs a focus on value streams I made…

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How do I implement strategy while cutting costs?

In tough times, Managers cut budgets. We look for obvious savings. HR leaves vacancies unfilled. We cut travel. The training and conference budget disappears. Property gives up the lease on an office floor.  People lose their jobs. Executives shelve business cases. Now is not the time for bright, new ideas. It is time to tighten…

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