Howdy ,
One of the signs that you are growing in your responsibility levels as you progress in your career is whether or not you are responsible for a budget.
There are two aspects of a budget you may be driving.
You may be responsible for growing income.
Or you may be responsible for keeping costs within a particular cap.
In more advanced roles, you will be responsible for both.
Yep. At that point, you understand you are managing a business.
You are concerned about how money comes in and goes out.
Once you start managing a budget, you need the master skill of SCENARIO THINKING.
"No plan survives first contact with reality" is my adaptation of German military strategist Helmuth von Moltke's "No battle plan survives contact with the enemy."
If that is expected, then you need to have alternative plans in your backpack to keep you from panicking when your strategy execution doesn't deliver the budget.
Scenario thinking is a transcendent skill that keeps you ahead of the curve and in sync with your environment.
How do you measure how well you are on this skill?
It's measured by how often you go into panic mode when your first plans don't work.
If you want to have a call with me to see where you are with this skill, just hit reply to this email.
I look forward to helping you deliver better at work.
As always.
Keep Multiplying what you have been given by God in life.
Tata,
Tola
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The Maximizer’s Guide [TMG] is for Christ Focused Business Professionals who want to grow in their faith and multiply their impact as they create results that align with their life legacy.
It is published thrice weekly on Tuesday, Thursday, and Saturday.
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