The Enlightened Company & Fiscal Responsibility
One of the critical characteristics that helps define enlightened
companies
is that they are fiscally conservative at their core, as an essential part of their culture.
Brad Fregger is the CEO of Groundbreaking Press.
This essay is part of a special series on Being an Effective
Leader. The essays were originally published in Beyneynu, an Austin, Texas
based newsletter published by Barry
Silverberg.
"Fiscal responsibility" as seen by the enlightened company,
is radically different from the way it is viewed currently in the business
world. In fact, the current methods of controlling fiscal activity are
actually counter-productive. Any method designed to control fiscal activity
must have as its ultimate goal increased profitability and therefore increased
ROI. This is not true of the budgeting process now in use by the vast majority
of businesses in the United States.
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