Click here to close now.

SYS-CON MEDIA Authors: Pat Romanski, Carmen Gonzalez, AppDynamics Blog, Roger Strukhoff, Cloud Best Practices Network

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Your 2013 Budget is Already Outdated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
of cloud, colocation, managed services and disaster recovery solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. TierPoint, LLC, is a leading national provider of information technology and data center services, including cloud, colocation, disaster recovery and managed IT services, with corporate headquarters in St. Louis, MO. TierPoint was formed through the strategic combination of some of t...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
WebRTC is an up-and-coming standard that enables real-time voice and video to be directly embedded into browsers making the browser a primary user interface for communications and collaboration. WebRTC runs in a number of browsers today and is currently supported in over a billion installed browsers globally, across a range of platform OS and devices. Today, organizations that choose to deploy WebRTC applications and use a host machine that supports audio through USB or Bluetooth can use Plantro...
SYS-CON Events announced today that Ciqada will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Ciqada™ makes it easy to connect your products to the Internet. By integrating key components - hardware, servers, dashboards, and mobile apps - into an easy-to-use, configurable system, your products can quickly and securely join the internet of things. With remote monitoring, control, and alert messaging capability, you will mee...
The best mobile applications are augmented by dedicated servers, the Internet and Cloud services. Mobile developers should focus on one thing: writing the next socially disruptive viral app. Thanks to the cloud, they can focus on the overall solution, not the underlying plumbing. From iOS to Android and Windows, developers can leverage cloud services to create a common cross-platform backend to persist user settings, app data, broadcast notifications, run jobs, etc. This session provide...
SYS-CON Events announced today that Column Technologies, a global technology solutions company, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Established in 1998, Column Technologies is a leader in application performance and infrastructure management for commercial and federal markets. The company is headquartered in the United States, with a diverse and talented team of more than 350 employees around th...
There are lots of challenges in IoT around secure, scalable and business friendly infrastructure for enterprises. For large corporations, IoT implementations are one of the top priorities of the decade. All industries are seeing a competitive need to sustain by investing in IoT initiatives. The value addition comes from improved customer service, innovative product and additional revenue streams. The data from these IP-connected devices can be leveraged for a variety of business applica...
Health care systems across the globe are under enormous strain, as facilities reach capacity and costs continue to rise. M2M and the Internet of Things have the potential to transform the industry through connected health solutions that can make care more efficient while reducing costs. In fact, Vodafone's annual M2M Barometer Report forecasts M2M applications rising to 57 percent in health care and life sciences by 2016. Lively is one of Vodafone's health care partners, whose solutions enable o...
Chuck Piluso will present a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Speaker Bio: Prior to Data Storage Corporation (DSC), Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of ...
Public Cloud IaaS started it's life in the developer and startup communities and has grown rapidly to a $20B+ industry, but it still pales in comparison to how much is spent worldwide on IT: $3.6 trillion. In fact, there are 8.6 million data centers worldwide, the reality is many small and medium sized business have server closets and colocation footprints filled with servers and storage gear. While on-premise environment virtualization may have peaked at 75%, the Public Cloud has lagged in ado...
Dave will share his insights on how Internet of Things for Enterprises are transforming and making more productive and efficient operations and maintenance (O&M) procedures in the cleantech industry and beyond. Speaker Bio: Dave Landa is chief operating officer of Cybozu Corp (kintone US). Based in the San Francisco Bay Area, Dave has been on the forefront of the Cloud revolution driving strategic business development on the executive teams of multiple leading Software as a Services (SaaS) ap...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the...
As enterprises move to all-IP networks and cloud-based applications, communications service providers (CSPs) – facing increased competition from over-the-top providers delivering content via the Internet and independently of CSPs – must be able to offer seamless cloud-based communication and collaboration solutions that can scale for small, midsize, and large enterprises, as well as public sector organizations, in order to keep and grow market share. The latest version of Oracle Communications U...
ProfitBricks, the provider of painless cloud infrastructure IaaS, today released its SDK for Ruby, written against the company's new RESTful API. The new SDK joins ProfitBricks' previously announced support for the popular multi-cloud open-source Fog project. This new Ruby SDK, which exposes advanced functionality to take advantage of ProfitBricks' simplicity and productivity, aligns with ProfitBricks' mission to provide a painless way to automate infrastructure in the cloud. Ruby is a genera...
Onset Technology, the creator of the OnPage App, is one of the local companies recognized as having enhanced the positive image of its organization through service to their customers and its community, while at the same time making the Waltham area a great place to live, work and play. Judit Sharon, Onset Technology CEO commented: "We are thankful for the recognition and very proud of our dedicated team and industry leading SaaS products. Knowing that Waltham is a globally recognized and high...