Finance  |  Format: Flash

Managing a Budget-Less Organization: Holt CAT's Experience

Course Overview
Despite its inflexibility, the budget process remains a cornerstone of most companies' management system. But is it possible to base corporate goals on maximizing performance potential? In this program, Paul Hensley, chief financial officer at HOLT CAT, describes the advantages, as well as the challenges, of running a budget-less organization.

Learning Objectives
After completing this course, the course participant should be able to:

  • Recognize why beyond budgeting is a relative improvement contract;
  • Define the role that benchmarks and metrics play in forecasting;
  • Identify why banks and lenders appreciate forecasts.
    Catalog Number: 99SPK04
    CPE Credits: 1 Registry / 1 QAS
    Author: SmartPros
    Advanced Preparation:
    Work experience in a corporate staff position, or an introductory course in finance
    Course Level: Update
    Field of Study: Finance
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Feb 21, 2014 / Nov 01, 2020