Financial Discussion – The capacity to anticipate problems

Financial Discussion  

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Discussion Question:

One of the purposes of this learning module is to develop the capacity to anticipate problems and pitfalls associated with the budget management process before they arise. Even the best leaders must acknowledge that there are going to be times when all the thoughtful planning in the world won’t keep an organization from running into challenges associated with the budget management process and indeed having to be put in a place of responding to it. For this discussion, articulate some steps that you have learned because of this learning module in relationship to anticipating problems with the budget management process. How would you prepare yourself to anticipate these upcoming challenges? What steps would you take to prepare yourself?

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