Unearthing the Pitfalls: The Hidden Dilemmas of Bottom-Up Budgeting

Introduction

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Limited Strategic Alignment

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Micro-Optimization Risks

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Time-Consuming Process

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Potential for Duplication

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Difficulty in Resource Allocation

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Challenges in Oversight

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Adaptability Concerns

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Balancing Bottom-Up with Top-Down

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Unearthing the Pitfalls: The Hidden Dilemmas of Bottom-Up Budgeting

Introduction

Unveiling the Downside of Bottom-Up Budgeting.

Limited Strategic Alignment

May lack overarching organizational goals.

Micro-Optimization Risks

Focusing too narrowly can hinder holistic growth.

Time-Consuming Process

Requires significant time and resources.

Potential for Duplication

Overlap in budget requests is common.

Difficulty in Resource Allocation

Allocations may not align with priorities.

Challenges in Oversight

Monitoring numerous small budgets can be complex.

Adaptability Concerns

May struggle to respond to rapid changes.

Balancing Bottom-Up with Top-Down

Harmonizing approaches for optimal results.

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