Jack Welsh CEO of General Electric decried the budget as
“the bane of corporate America. It never should have existed. A budget is this: if you make it, you generally get a pat on the back and a few bucks. If you miss it, you get a stick in the eye or worse.. Making a budget is an exercise in minimisation. You’re always getting the lowest out of people, because everyone is negotiating to get the lowest number”.
1 Comments:
Jack Welsh CEO of General Electric decried the budget as
“the bane of corporate America. It never should have existed. A budget is this: if you make it, you generally get a pat on the back and a few bucks. If you miss it, you get a stick in the eye or worse.. Making a budget is an exercise in minimisation. You’re always getting the lowest out of people, because everyone is negotiating to get the lowest number”.
By
Intransigent Debbie, at 8:01 AM
Post a Comment
<< Home