Managing Budgets and Priorities
In a professional setting, managing budgets is crucial for success. Understanding the sources of money and aligning financial goals with priorities are key concepts. It's essential to avoid surprising superiors with bad news and instead, focus on being a proactive manager, visionary, and fundraiser. Embracing an entrepreneurial mindset can lead to effective financial management and resource utilization.
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Presentation Transcript
IAL IAL June 2023 June 2023
Budget Who has a budget? 1. You are responsible for the budget Not your fiscal assistant Not history
Money 2. Signals your priorities 3. Money is a tool to accomplish your priorities 4. Know where your money comes from Sources How does the dean view your unit?
5. Dont surprise the dean with bad news Manager, Visionary, Fundraiser 6. Become an entrepreneur and fundraiser!
