Bottom Line on Budgeting --Dickeson

Budgeting just doesn't work. Never has. That's what Harvard University Business Press is telling us in the book they recently published.

We've known, or have suspected as much, for a long time. If you want something to compare a month or period against, the same period last year is as good as anything. But what's even better is to run an XmR analysis on some rolling period, such as 13 weeks or a year.