Publications

Educators

2002
Tool

Budgeting

By: V.G. Narayanan

Keywords: Budgets and Budgeting

28 Feb 2013
News

Busting the budget

11 Aug 2003
Research & Ideas

Why Budgeting Kills Your Company

The average billion-dollar company spends as many as 25,000 person-days per year putting together the budget. If this all paid off in shareholder return, that would be fine. But few organizations can make that claim. In fact, many firms now question the ROI of... View Details

Keywords: by Loren Gary

May 2023 (Revised July 2024)
Case

America's Budget Impasse, 2009–2023

By: Richard Vietor

In May of 2023, President Biden faced a crisis of debt. The debt ceiling was about to be breached, while House Republicans demanded cuts of $3.5 trillion if they were to raise the ceiling. President Biden refused. The case consists of excerpts from President Obama’s... View Details

Keywords: Government Administration; Economy

Educators

March 1982 (Revised August 1985)
Background Note

Marketing Planning, Programming, and Budgeting

By: Benson P. Shapiro

Keywords: Marketing; Planning

2024
Working Paper

Economic Budgeting for Endowment-Dependent Universities

By: John Y. Campbell, Jeremy C. Stein and Alex A. Wu

To understand their financial position, universities need to understand the long-term implications of their operating revenues and costs in relation to the financial assets they have available. Standard budgeting procedures that focus on one or two years at a time and... View Details

Keywords: Budgets and Budgeting; Cash Flow; Cost; Revenue; Education Industry

Read Now

26 Nov 2001
Op-Ed

Why Corporate Budgeting Needs To Be Fixed

Corporate budgeting is a joke, and everyone knows it. It consumes a huge amount of executives' time, forcing them into endless rounds of dull meetings and tense negotiations.... View Details

Keywords: by Michael C. Jensen

July 1988
Exercise

Capital Budgeting Exercises

By: David E. Bell

Keywords: Capital Budgeting

September 2012
Teaching Note

Stryker Corporation: Capital Budgeting (TN)

By: Timothy A. Luehrman

This case examines some parts of Stryker Corporation's systems and procedures for approving and authorizing capital spending of many different types, including buildings, machinery, and working capital for existing businesses, as well as transactions with third parties... View Details

Keywords: Capital Expenditures-equipment; Capital Expenditures-machinery; Internal Rate Of Return; Discounted Cash Flows; Net Present Value; Cost of Capital; Valuation; Cash Flow; System; Organizational Culture; Policy; Business Processes; Capital Budgeting

02 Mar 2010
News

America's budget deficit needs bipartisan action

Fast Answer

Advertising expenditures & budgets

sans-serif; font-size: 14px; line-height: 20px;" /> Provides data on over 300 industries' and top 1000 companies' ad budgets in tables. ... View Details

April 1990
Supplement

HCC Industries: The Budgeting Philosophy and What Happened, Video

Provides information on what happened after a major budget system change. View Details

Keywords: Budgets and Budgeting

August 2007 (Revised January 2009)
Case

Stryker Corporation: Capital Budgeting

By: Timothy A. Luehrman

Examines some parts of Stryker Corporation's systems and procedures for approving and authorizing capital spending of many different types, including buildings, machinery, and working capital for existing businesses, as well as transactions with third parties such as... View Details

Keywords: Working Capital; System; Organizational Culture; Policy; Capital Budgeting

Educators

31 May 2012
News

Robert Pozen on Budget Cuts, Deficit, Economy

January 2021
Supplement

Aster DM Healthcare: Budget Exercise

By: V.G. Narayanan and Amy Klopfenstein

In April 2020, Alisha Moopen, Deputy Managing Director of Aster DM Healthcare, a network of clinics, hospitals, and pharmacies in the Middle East and India, must create her company’s budget for the 2021 fiscal year in light of the onset of Covid-19. The pandemic had... View Details

1981
Article

Federal Credit and the Shadow Budget

By: Dutch Leonard and Elisabeth H. Rhyne

Keywords: Budgets and Budgeting; Credit

October 1978 (Revised March 1987)
Background Note

Note on Advertising Budgeting

September 2007
Supplement

Stryker Corporation: Capital Budgeting (CW)

By: Timothy A. Luehrman

Keywords: Capital Budgeting

March 2018
Article

Hospital Budget Systems are Holding Back Innovation

By: Robert S. Kaplan, Michael S. Jellinek and Derek A. Haas

Nearly 800 digital health startups were funded in 2017, an all-time high. Each of the new companies offers the hope of transforming the performance of the U.S. health care system. The audience for such innovation wants to be receptive: A recent American Hospital... View Details