XLerant

The Budget Process: Career Maker or Career Breaker?

Office - XLerant

Budgeting touches every corner of the organization, and if you’re involved in it you know the “exposure” you get (some people think of it as over-exposure). And if you consider that budgeting hits people where it counts (the wallet) then you know you can wind up being the most loved or hated person in the organization.

So from a career standpoint, being told “Congratulations, you’re in charge of the Budget process!” is often met with mixed reactions. Do a good job, and it could make your career. But do a bad job…

The question is how can you mitigate the risks involved of running the budget process, while maximizing the opportunities for your career?

First, the risks. There are many of them but here are some obvious ones:

Now some opportunities:

 

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