Chapter 3

Who guards a budget line with no owner?

Khoản chi không ai đứng tên thì ai giữ?

The chapter's question

Who owns each of my major spending lines?

Big idea

A budget line without a name on it is one nobody defends and nobody controls.

In this chapter

  1. Part 3.1

    Who May Spend and How Much

    What is each person's limit?

  2. Part 3.2

    Do They Know Their Number

    Does the budget owner look at the numbers each month?

  3. Part 3.3

    When They Overspend

    What happens when someone goes over?

  4. Part 3.4

    Incentives Tied to Budget

    What behaviour does tying bonuses to savings create?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of Budgets and Who Owns Them is free to read right here.

Read in Conan School

Chapters of Budgets and Who Owns Them

  1. 1.Is a budget a forecast, or a promise?
  2. 2.Should budgets come from the top or the bottom?
  3. 3.Who guards a budget line with no owner?
  4. 4.Is revising the budget mid-year flexibility or defeat?
  5. 5.Is cutting every department equally really fair?