Editorial
Abstract
In theory, the annual budget for a company should not be formulated until after the long term strategic plan has been developed, and goals, objectives and business strategies have been defined for the company as well as for its individual business units. Specifically, the budget should be consistent with the financial plan of the first year of the strategic plan. Unfortunately, in all too many organizations it does not seem to work this way.
Citation
Naylor, T.H. (1981), "Editorial", Planning Review, Vol. 9 No. 3, pp. 4-4. https://doi.org/10.1108/eb053947
Publisher
:MCB UP Ltd
Copyright © 1981, MCB UP Limited