| January / February 2006 | Leaders' Edge | |
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“Budgeting” No Longer Part of
Business
Vocabulary? Course Reveals Radical Changes in Corporate Financial Planning Corporate financial planning has undergone such radical changes over the last five years that many business writers are advocating that the word “budgeting” be completely eliminated from our business vocabulary. At an upcoming course, learn how the disciplines of benchmarking, performance measurement, activity-based costing and a German technique called grenzplankostenrechnung are all changing the face of financial planning. Trends in Corporate Financial Planning: Beyond Traditional Budgeting addresses how fixed-dollar allocations are quickly disappearing in favor of metrics-driven methods of business performance management. After leaving this course, you will understand emerging trends in corporate financial planning, alternatives to fixed-dollar allocation budgets and the role of performance metrics in corporate financial planning. The course will be held on February 16 at the VisTaTech Center at Schoolcraft College in Livonia and offers eight general credits. Register online today. |
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