Last week, Gov. Gavin Newsom released a preliminary fiscal year (FY) 2025–26 state budget. The budget includes little in the way of additional spending beyond what was agreed to in last year’s ...

A REDESIGN OF YOUR organization’s planning and budgeting process is a risky business—for you and your company. Reasons: If the redesign lacks support and fails to deliver, the finger will be pointed ...

Forbes contributors publish independent expert analyses and insights. David Michels writes about change management and leadership. With the start of school and the cooling temperatures of autumn in ...

Harvard's Faculty of Arts and Sciences launched a three-year strategic planning initiative in the fall to identify resources needed for “long-term excellence” in graduate education, faculty support ...

Last year, the U.S. defense budget exceeded $700 billion. Most metrics would put it among the largest enterprises in the world. Nevertheless, the Defense Department’s planning, programming, budgeting, ...

With the proper process, tools, and feedback mechanisms in place, budgeting can be a valuable exercise for organizations and provide a solid framework for holding organizational leaders accountable.