Agility allows organizations to swiftly react to new information, competitors, and business models changing the face of an industry within a matter of months. When implementing Lean-Agile practices at scale, organizations quickly realize that their push for agility conflicts with traditional budgeting and cost accounting practices. It’s not possible to truly achieve organizational agility without evolving these practices.
That’s because funding practices—that is, the way budgets are allocated throughout the organization—dictate nearly every business outcome. They determine what work gets prioritized, how teams are structured, and how impact gets measured.
Fortunately, there is a way to maintain financial and appropriate governance while also minimizing the overhead of traditional project-based funding and cost accounting: Lean budgeting.
Download the 7 Stages to Lean Budgeting Success guide to:
- Understand the limitations of traditional budgeting systems.
- Gain context for why Lean budgeting is essential to Lean Portfolio Management.
- Learn the key features that distinguish the Lean-Agile approach to funding and delivery.
Get the step-by-step guide you can use to successfully adopt Lean budgeting practices in your own organization!
Get the step-by-step guide you can use to successfully adopt Lean budgeting practices in your own organization!