{"id":11021,"date":"2020-11-09T15:19:00","date_gmt":"2020-11-09T13:19:00","guid":{"rendered":"https:\/\/test.adrem.ro\/its-time-to-call-things-by-their-name-how-difficult-it-is-to-make-as-a-business-leader-the-budget-for-next-year\/"},"modified":"2026-09-10T13:47:58","modified_gmt":"2026-09-10T11:47:58","slug":"its-time-to-call-things-by-their-name-how-difficult-it-is-to-make-as-a-business-leader-the-budget-for-next-year","status":"publish","type":"post","link":"https:\/\/adremengineering.ro\/en\/its-time-to-call-things-by-their-name-how-difficult-it-is-to-make-as-a-business-leader-the-budget-for-next-year\/","title":{"rendered":"“It’s time to call things by their name…” How difficult it is to make, as a business leader, the budget for next year"},"content":{"rendered":"\n
Article written by Corneliu Bodea for republica.ro<\/pre>\n\n
 Never has anything given me greater satisfaction in my work than planning. I guess I’m the type of business leader focused on what the literature calls “value proposition focus” more than “value delivery focus”, which is not necessarily good, but that’s what I am. Defining the strategy to follow, fitting it into the multi-year strategic plan, defining strategic objectives and planning are activities that I will always love.   If in September you define the strategic objectives and generate the debate for the operational and specific ones, it means that at the end of October-beginning of November you can look at some budgets for the first time. Of course, they will need adjustments and so in December you could go on Christmas vacation with a budget finalized for the following year. It sounds simple, although we know that it is not… the analysis of external factors, of the resources you have, are thorough activities and IQ and EQ compete with each other to generate substance and convince unbelievers.   With all the pleasure I find in such activities, I can’t help but be puzzled about the prospect of 2021! How do we evaluate this year from the perspective of external factors to the organization!? Inflation or deflation, decrease or recovery, silence or revolution…? A difficult year to feel and impossible to frame. I think that 2021 will be the year when the pandemic will end and I vaguely estimate that before the summer we will return to normal from this point of view. How deep will the health crisis be in the coming months and how will it affect consumption habits? What is the resilience of states and global financial systems and how tested will they be? To take a cautious stance and reduce costs or even this generalized attitude will generate crisis and it would be responsible to continue as if nothing serious was unfolding before us!?        We have in us a kind of greed for acceleration and flight, we run madly after marginal growths and getting the best has become our obsession. We have been forgetting for some time that every progress needs time, momentum, preparation. We skip the warm-up and go straight to performance for some time… Maybe it’s even time for reevaluation, introspection, maybe unpredictability tells us to widen our nostrils, sharpen our ears and think about the next step. How much inefficiency have we embedded in the mad rush, but how much lack of meaning or value have we accumulated in a hurry like this!? It’s not easy to slow down, because you consume effort in braking, but it’s also not the time to throw yourself forward by accelerating after the comma at each rotation. I don’t treat it as a divine sign, but the pandemic can tell us to come back to ourselves and ask ourselves, no matter how difficult that may be.      I will start with more analysis in next year’s planning, aware that we will overcome the crisis situation, without knowing when and how difficult it will be, I will focus on the value that the business I run brings to its customers, employees and last but not least to society. I will think of solutions to improve this value and I will not spend time trying to guess what will come and when. I will correct known mistakes and I will listen more to find the unknown ones. I will cut delays and expectations and I will use the peace and insecurity of others to complete projects … hard to swallow.    <\/p>\n\n
Read more on www.republica.ro<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Never has anything given me greater satisfaction in my work than planning. I guess I’m the type of business leader focused on what the literature calls “value proposition focus” more than “value delivery focus”… <\/p>\n","protected":false},"author":3,"featured_media":11022,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79],"tags":[],"class_list":["post-11021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/posts\/11021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/comments?post=11021"}],"version-history":[{"count":1,"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/posts\/11021\/revisions"}],"predecessor-version":[{"id":12272,"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/posts\/11021\/revisions\/12272"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/media\/11022"}],"wp:attachment":[{"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/media?parent=11021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/categories?post=11021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adremengineering.ro\/en\/wp-json\/wp\/v2\/tags?post=11021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}