A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
32023 Members
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© 2020 Relevant Protocols Inc.
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>"Budgeting-as-usual is a poor fit for times of economic uncertainty. The current moment requires drastic action, not a typical process. The authors recommend four steps as part of this year’s budgeting process: Tune up your financial warning system, maximize cash generation, lay out potential downside scenarios (for yourself and competitors), and don’t make the mistake of extrapolating from last year."
>"Budgeting-as-usual is a poor fit for times of economic uncertainty. The current moment requires drastic action, not a typical process. The authors recommend four steps as part of this year’s budgeting process: Tune up your financial warning system, maximize cash generation, lay out potential downside scenarios (for yourself and competitors), and don’t make the mistake of extrapolating from last year."
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