Embracing Driver-Based Planning

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Embracing Driver-Based Planning

July 25, 2006 12:00 PM
From BusinessFinanceLink, Issue #336

Do you know the difference between planning and budgeting, or does it all kind of run together at your company? In a new research note, Plan While You Can, Ventana Research's Robert D. Kugel advises companies to eschew the traditional "budgetingandplanning ritual" in favor of a driver-based planning process in which explicit input/output relationships are analyzed to help the company react more quickly to changes in the marketplace and economy. And the time to do this is now, from a position of strength, instead of waiting for the next downturn. (Free registration required)