Companies start early to prepare the next year's budgets. Normally there is a pre-process during the spring or summer where the foundations are laid.

There is a lot of unrealized value in your organization, especially employees who are close to customer and customer requirements.

Most companies with a Performance Management (PM) initiative ask themselves the questions if and when they need software to support their PM initiative.

Business people want influence. When executing strategy it is important that people are engaged in the process of rolling out and cascading strategy.

I have met a lot of managers during my time in business. I have also employed many managers. Some are very successful and get the best out of their employees.

When I was getting established as a young adult, and I purchased my first apartment, I set up a household budget. Each month I thoroughly monitored expenditures and balance.

I have often wondered about company goals that are set 10 -15 years in the future.  Does anyone take them seriously when they are set so far in the future?

In my country we recently had the national election. What amazes me is that all the political parties are so positive about the results. Each party claim to be the winner. Quotes like "we improved compared to the last pol", "we improved compared to last election","we improved in the western part of the country", "we are the winners." All found something positive to focus on when commenting the result of the election.

Dreams are an important aspect of our lives and keep us moving forward. The same driving forces like dreams can also be applied to business. One concept that I like is the strategic destination statement.

In times where business environments are changing rapidly, it is important to choose the right medicine bottle for your company. Many companies pick the “budget medicine bottle” and believe that budgets and strict budget discipline will solve their problems. But strict budgets can destroy value creation.