KEY MESSAGES TO TAKE FROM THIS SECTION

  • Remember that all plans and budgets are best estimates of what the future holds. It’s therefore pointless trying to get every tiny detail correct.
  • Remember that big organisations are like oil tankers – they require a lot of early actions in order to change their direction or stop them.
  • Train yourself to think one, three, and five years ahead.
  • Develop your strategic-thinking skills.
  • Fight to be involved in the preparation of your operational plan and budget. If you don’t, you run the risk of having to implement someone else’s unworkable plan or budget.
  • Know exactly what your budgets are spent on, and where the scope for reducing spending or increasing income lies.
  • Align any vision you have for your team ...

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