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Leverage Your Budget for Strategic Planning

By: Centage Corporation
Published: 3/16/2010

Explore the results of a groundbreaking survey conducted among 200 C-level finance executives across 20 separate industries. Discover how their responses to questions posed in the survey can be translated into applicable information that will help you maximize the capabilities of you firm’s budget.

A firm’s budget should not be used as a simple marker of performance; it should be wielded as a design instrument in the creation of a firm’s plan of action. Every budget is comprised of a series of Key Performance Indicators (KPIs) including; net income/loss, gross profit percentage, operating expenses as a percentage of sales, and EBIT. These KPIs are very useful when a firm is trying to discover where they stand financially and how to improve upon their areas of weakness.


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