Welcome!

News Feed Item

Your 2013 Budget is Already Outdated

SONDERBORG, Denmark, November 29, 2012 /PRNewswire/ --

At this time every year, you're struggling to reach your budget or get a head start on your next year's budget. But face it-you're always behind when working with calendar year financial budgeting.

     (Logo: http://photos.prnewswire.com/prnh/20121129/579825 )

The world has changed and most businesses around the world have been impacted by the financial crisis. You can no longer predict what will happen one year ahead. However, many small business managers are now sandbagging when creating the next year's budget or saving turnover from this year's to get a head start on the new budget year.

- Your business performance management should be dynamic and easily adjustable if changes appear in the industry or market. You should monitor all strategic goals to be able to react fast on changes, explains Brian Jørgensen, founder and owner of Goalcube.com

Business budgeting is more than guessing about next year's financial results based on historical numbers. Annual reports and plans focused only on financial goals should be replaced with rolling 5-quarter financial forecasts updated quarterly. The rolling 5-quarter forecast should be supplemented with other goals. The goals should not only be financial but also nonfinancial goals, tracking performance of management, strategy, operations and HR goals. All goals should be monitored continuously and followed up on monthly with an easy, shareable dashboard.

- A system like Goalcube.com helps small businesses identify clear strategic goals and linked actions to accomplish each goal. Each employee has an actions list not only for strategic but also personal goals, to secure personal competence development, continues Brian Jørgensen, founder and owner of Goalcube.com

The newly launched Goalcube.com Web-based business consulting system is especially designed to help small businesses identify and follow up on specific goals and actions instead of just financial annual budgets. The system guides business managers through the steps of identifying goals for 6 different areas: Management, Strategy, Marketing, Innovation, Process optimization and HR.

For each goal, multiple actions should be initiated and all ideas and actions should have an owner assigned to make sure strategy is operationalized and not only something that management talks about. From the dashboard, the management team can easily follow up on all of the goals and actions to monitor the effects of the strategic direction.

See how Goalcube works!

Links:

Goalcube.com

http://www.goalcube.com/?utm_source=PR&utm_medium=PR&utm_campaign=2013%2BBudget

Management:

http://www.goalcube.com/takeatour/Management?utm_source=PR&utm_medium=PR&utm_campaign=2013%2BBudget

Strategy:

http://www.goalcube.com/takeatour/Strategy%20plan?utm_source=PR&utm_medium=PR&utm_campaign=2013%2BBudget

Marketing:

http://www.goalcube.com/takeatour/Promotion%20plan?utm_source=PR&utm_medium=PR&utm_campaign=2013%2BBudget

Innovation

http://www.goalcube.com/takeatour/Select?utm_source=PR&utm_medium=PR&utm_campaign=2013%2BBudget

Process optimization

http://www.goalcube.com/takeatour/Process%20optimization?utm_source=PR&utm_medium=PR&utm_campaign=2013%2BBudget

HR

http://www.goalcube.com/takeatour/Competences?utm_source=PR&utm_medium=PR&utm_campaign=2013%2BBudget

See how Goalcube works!

http://www.goalcube.com/takeatour/How%20it%20works%3F?utm_source=PR&utm_medium=PR&utm_campaign=2013%2BBudget

 

For additional information, please contact:
Founder and owner: Brian Jørgensen, Goalcube Consulting. E-mail: [email protected], Twitter:@Goalcube or Linkedin: http://www.linkedin.com/in/jorgensenbrian


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, provided a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to oper...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.