Investment-Based Budgeting: Plan What You Want to "Sell," Not Just What You Want to Spend

Thursday, October 27, 2016 | 9:10AM–10:00AM | Meeting Room 207D, Level Two
Session Type: Breakout Session
Delivery Format: Discussion Session
"Do more with less!" "Cut your travel and training." Expectations way out of line with resources. Unreliable funding for infrastructure and innovation. Lack of perception of value. Accusations that your unit costs too much. Controversies over allocations or chargebacks. It all adds up to the wrong dialogue: defending costs instead of collaborating on strategic investments. And it all comes from the same root cause: the way you present your budget.


Outcomes: Be able to explain the alternative—"investment-based budgeting"—forecasting the costs of the products/services you plan to deliver, as well as what you plan to spend * Explore the shortcomings of traditional budget processes and how investment-based budgeting works * Understand the steps in the process of developing a meaningful, effective investment-based budget

Presenters

  • Dean Meyer

    President, NDMA