Budgeting and Allocation Alignment  

Financial Focus and Alignment

Having Financial Focus is the fundamental responsibility to shareholders. Financial focus means that one is spending the money where it matters most, focusing on bottom-line, making investments which are aligned to the strategy, doing optimum zero-based budgeting and ensuring that the money spent is closely linked to the way an organization makes money.


Budgeting and Allocation Alignment


The premise here is that as an organization, one has to take an enterprise view of the budgets & allocation of resources to the initiatives and activities, which are closest either to the organization strategy or to the money making machine of the company. Organization strategy has core priorities related to taking the business forward. Money-Making machine (even if it is not part of a core strategic priority) is the ongoing cash-generating activities which have to be maintained and continuously improved (over and above pursuing new initiatives).