I started my career in a small company. One of the many benefits of a small company is that there are only simple budgets to manage. When the company grew and later when I moved to an MNC the honeymoon was over and I had the painful comprehensive budget process to endure.
It was an exercise in futility as we tried to achieve simultaneously "you can't do that" and "you must do more". Most managers in large corporations share similar views. So you may be surprised when I advocate that all businesses should embrace the budget and the budget process.
We often use 360 Assessments during our organisational coaching engagements. While organisations are considering these tools we often receive numerous questions about the 360 assessments and how they should be applied. To make life easier I pulled a number of the answers together into this article.
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