Common Issues
Recognizing persons with power or forms of power held and making important connections.
What is Understanding the Organization?
Relying on Handshake Deals and Overestimating revenue
What are common pitfalls?
Asking questions, Being prepared, and Being honest.
What advice should be given to a new budget manager?
Lack of understanding leads to miscommunication and confusion
What is Understanding the Budget History of the Unit?
Ability to anticipate problems before becoming a crises.
What is Identifying Problems and Developing Solutions?
Inflation of budget request, Withholding information from decision maker, Presenting only the worst possible scenario when requesting budget support, Hide money in other inflated line items within the unit, and Politicize the budget process.
What games should be avoided when preparing a budget?
What is working well? What needs to be modified? What are issues that frustrate people within the budget unit?
What is managing change and asking questions?
Fear of looking foolish.
What is Failing to ask for help?
If you are uncertain, don't be afraid to ask.
What is asking questions?
Ability to anticipate problems before becoming a crises
What is Identifying Problems and Developing Solutions?
Place to seek assistance when a chronic problem arises.
What is the Institutional Central Budget Office?
Not knowing the answer to the question.
Learning to say, "I Don't Know"