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‫‪THE WORLD OF CONSTANT CONNECTION \\ 2(90)2021‬‬

‫ڒ ڞڗ ڡ ښڊڝڒڨڝ ڛڊژڝڑږڎړ ڛڒڋڎږ ڐڒڕڒڔڝڨڊڛڊڍ‬ ‫‪RXUDFWLRQSODQDSSHDUVᎲQDQFLDOO\IHDVLEOH‬‬
‫ڊڏڌڎڢڛڊڕ ڌڎڌڗڍڎ ڕڟڗ ڕڊڛڑڒ ڋڎڍږڝ ښ ڋڝڏڊڒڑ‬ ‫‪until the next round of evaluation, we can put‬‬
‫ڛڒڋڎڔڝښ ڛڎڢڒښڝڛږڊ ږڒڞڊڍڒ ڋڎڋڎڔڒ ڔڏڤڛڏڟ‬ ‫‪our forecasts aside. We just must keep in mind‬‬
‫ڑڒ ڏڍڎڨڒڕڛڒڐڗږ ڌڗښژڒ ڔڊڨڊڛڊڋڗڔڋڎڔڥڊ ڛڎڢ‬ ‫‪that teamwork is measured based solely on the‬‬
‫ڗڍڎ ڕڟڗ ڕڊڛڛڕڊڦڊښڑڋڎڐڒڔڊ ږ ڊڊڏڊڔڨڊڔڎڨ‬ ‫‪dynamic of advancing toward our goals, not on‬‬
‫ڊ ڋڎڍ ڨڊڌڒ ڍڊڋڎڔڝښ ڛڎڢڍڊښڝڛږڊ ږڒڞڊڕ ڌڎڌ‬ ‫‪meeting our projections. When the team knows‬‬
‫ڗښژڎڍ ڕڊڍږ ڝڊښڌڒ ښڗڕڛڒڋڎ ڛڊ ڞڎڢڛڒ ڋڎ ڌڎ ڍڎڢ‬ ‫‪that its performance is not judged by how they‬‬
‫ڑڗ ڡ ڦڒ ڏڒ ڏڊڍڊڒڔ ڥڒڏ ڌڎڢڊ ڋڗڋڎ ڛښڊڛڒڐڗږڌ‬ ‫‪meet forecasts, they become more open and‬‬
‫ڛڒڐڗږ ڌڗښژڊښڊڊڋ ڗڊڢڝڕڛڒڍږڝڌڛڎ ڍڏڗڛ ڨڊڏڌ‬ ‫‪straightforward when discussing future possible‬‬
‫ڒڕڍڗڔڗڨڕڍڎ ڕڊښڊڑڒ ڏڍڎ ڨڒڕڛڒڋڎڔڝښ ڛڎڢ‬ ‫‪revenue and expenditures.‬‬
‫ڑڗڕڗ ڐ ڏڊڌڊڍږڝڑڒړڒڕڊ ږڒڍڛڒڔڏڛږڎړ ڛڒڋڎږڐ‬
‫ ڌڗښژڛڊڕڕڗښڊڋڎ ږڒڍڗڤڎڛڍږڝڌڤڊ ڛڎ ڍڗښ‬ ‫‪Given that the situation is changing at lightning‬‬
‫ڗ ڔڏڊڕڗ ڕڊڛږڎڋڎ ڛڊڞڊښڊڑڒڋڎڔڝښ ڛڎڢڛڒڐڗږ‬ ‫‪speed, forecasts also require timely updates, which‬‬
‫ڗښڞڝڛڊ ڛڒ ښڋڝڊڛڎ ڐ ڋڎ ک ښڊڨڊڍڊ ڛڋڎ ڔڏڊڛڗ ڕڎڢ‬ ‫‪is why it is not advisable to dwell on each revenue‬‬
‫ڊڋڎ ږڟڒڒ ڔڎ ڞ ښڦ ڔڝڌڊڍڊڒڠ‬ ‫‪and expenditure item, instead settling for items‬‬
‫‪in bold. And the time you save as a result can be‬‬
‫ڊ ښڦڛڊ ڋڎ ښڊ ڑڒڏڕڗښږڊ ڍڒڟڒڎښڊ ږڒڍڕڗ ڕڊڌ‬ ‫‪dedicated to studying your clients and market and‬‬
‫ڊ ږڊڌڒڔڝڗښڍڤڊڛڐڗږ ڌڗښژڊڋڎ ڔڏڤڒڍڊڞ‬ ‫‪ᎲQGLQJZD\VWREULQJDERXWLPSURYHPHQWV‬‬
‫ڊڍڛڒڋڎ ڔڏڊڛڗ ڕڎڢڕڗ ڜڒڕڊڊ ڋڎ ڍ ښڒڧڛڊڋڎڔڨ‬
‫ڌڗښژښڝڔڊ ڜڎڍڎڐڔڨڝڕڔڎ ڏڗڡڛڒ ڋڎ کښڊڨ‬ ‫‪Given the costliness of budgeting, most‬‬
‫ڎڔڨڝڕڒڔڝڋڎ ڔڒڏڨڛ ڕڊڌڑڋڎڑڎ ړڊڊڌڝږڛڐڗږ‬ ‫‪organizations carry out periodic budgeting, with a‬‬
‫ڒڔړڏڎڛڒڗښڍڒ ڔڒڌڗ ڐڊڍڊڒ ڛڒښڊڕ ړڊڛڤڒڋ‬ ‫‪12-month projection at the beginning of the year.‬‬
‫ڛڊ ڔ ڏڊڦ ڛڎڢڛڒڋڎڜ ږڎښڝړ ږڗړڛڒښ ڐڊڋڛڒڋڎڜ ږڎ‬ ‫‪As we approach the end of a year, the scope of our‬‬
‫ڊڍڛڊ ڋ ڎڒڥڛڒ ڋڎڐڌڛڒڋڎ ڛڎڋڗکڕ ڝڊڌڛڒڋڎڛڎ ڤڗښژ‬ ‫‪projection narrows. And in November-December,‬‬
‫ڑڎ ڕڑڝ‬ ‫‪ahead of approving next year’s budget, we‬‬
‫‪practically work without forecasts or estimates.‬‬
‫ڛڒ ڋ ڎڒڤڊڐڒ ږڊ ڌښڗڗ ڕڊڌ૿ڛڒ ښڒڏ ڥڒڛଁڛڒڛڎ ڤڗ ښژ‬ ‫‪One way to solve this problem is continuous‬‬
‫ڊڦڊڛڊ ڋڎ ښڒ ڜڎک ڝڒڋڔڝڍ ڗڒ ښڎژڒ ڔڒ ڦڊږڒ ڍڒڍ‬ ‫‪budgeting, the process of continually adding one‬‬
‫ڒڢ ڛڒ ڡڦڊڛڊڍڛڒڔڦڊ ږڎ ڌ ڍڎڢڛڒ ڜڎک ڝڒڋ૶ڛڋڎڗ ڕښ‬ ‫‪more month to and reevaluating the budget. In this‬‬
‫ڑڒ ڋڎ ڍڏڗڔ ڨڊڝڏڊ ڤڗښڑڒڐڗږ ڌڗښژڒ ږ ڊڒ ڏڑ‬ ‫‪case, we have a forecast for the next 12 months at‬‬
‫ڒڤڕڊ ڏڍڎڨڗڐڗږ ڌڗ ښ ژڊڛڒږڎڏڣڛڗ ڔڗڋڛڒڔڦ‬ ‫‪any given moment. Continuous budgeting is even‬‬
‫ڒ ڔڊڏڊ ڕڗڕڒړڒ ڢ ښڎڋڕڎ ړڎڍښڎڋ ڕ ڎڗږڊ ڋڎ ڍښ‬ ‫‪more expensive than its periodic counterpart, the‬‬
‫ڒ ښڋڗ ڜ ڟڊڞڎڍ ڕڊڋڎ ڤڒړڜ ڕڊڍڛڒ ڜڎک ڝڒڋڛڒڔڦ‬ ‫‪reason why the authors of the idea in question‬‬
‫ڝڕڏڎ ڢڎښڊڌڛڒ ږڒڍڗڔڗڕڊڍڛڒڐڗږ ڌڗښژڍڊڏ‬ ‫‪UHFRPPHQGVLPSOLᎲHGSURMHFWLRQVIRULWHPVLQEROG‬‬
‫ڊ ڋڎ ښڊڏڌڗڕڛڒڕڎ ڔ ڋڗښژڒڔڝ ږڢڒ ږڠڊڑڋ ڗڊڢ‬ ‫‪as the optimal solution. This way, we can always‬‬
‫ڑڒ ڋڎ ښڒ ڜڎک ڝڒڋڒ ڑڒڋڗ ڥښڌ ږڊڌڊڒ ڔڎڋڎڔڥڊ ڛڎڢ‬ ‫‪have a clear vision of and anticipations regarding‬‬
‫ڗږ ڌڗ ښ ژڊڛڒ ڑښڎڒ ڜڎک ڝڒڋڤڊڛڗښڍڛڒڔڕڗښ‬
‫ ڒڊ ڍڊڌڍڊښ ڝڒڏڑ ڔڎ ڏڗڡڑڒڋڎڜڊ ڕڊڍڛڒڏڑڗڐ‬
‫ڛڗښڍښڎڒڕ ڛڒ ڋڎږڒ ڢڊ ڏڎڏ ڨڑ ڕڎڢڑڎڛڊڊ ڋڎڍڎڨ‬
‫ڌ ږڊڌڒڐڗږ ڌڗښژڛڒڏڑڒ ڌڎڍ ڕڎڢڛڏ ڟڊڏڌ‬
‫ڗ ښڞڝڏڎ ڍڒړڊ ڋڎڗ ڕ ښڊڦڛڒ ڜڎک ڝڒڋڒ ڑڒڋڗ ڥښ‬
‫ڛڒ ڜڎک ڝڒڋڒڔڝڍ ڗڒ ښڎژڊڊڋڎ ږڏڗ ڕ ڊڒڛ૿ڒ ښڒڏڥଁ‬
‫ڏڊڛ ڒڎڍڒڕڗ ڜڒڕڊڑڒ ڋڎ ښڊ ڍڎڢږڊڑڛڊ ږڎ ڌ ڍڎڢ‬
‫ڒڔڝڋڎ ڔڒڏڨڛ ڕڊڌڑڒ ڋڎ ښڊ ڍڎڢڑڒښڐڊڛڒ ڋڎښڗڜ‬
‫ڎړڛڒڐڗږ ڌڗښژڒڔڝ ڋڎ ڏڒ ڜښڊ ڕڊڌڑڒڋڎڔڨڝڕ‬
‫ڍڊ ښڊڏڌڕڊڊڒ ڔڊڏڊڛڗ ڕڊڌڒښڝڔڊ ڕڒ ڜژڗڊ ڋڎڑ‬
‫ڒڔڝ ښڏڠڐڊڛ ږڊڌڊڋڎ ږ ڟڎڏڌڛڗښڍښڎڒڕ ڛڒڋڎږ‬
‫ڤڒڔڎ ڕڗښڒ ږڒڍڗ ڔڗڕڊڍڊ ڏڍڎڨڛڒ ڔڏڊڕڗڕ‬
‫ږ ڊڒ ڏڑڛڎ ڍڏڊ ڤڒڗڕښڊڤڊڔڝڛڊڋڎڔ ڥ ڒڎڢ‬
‫ڒڢڗ ڕڎښڊڌښڝړڒڕڊ ږڒڍږڊڒڔڊڥڝڑڛڍ ڗڒ ښڎژ‬
‫ڌڗښژڒ ږ ڊڒ ڏڑږڊڊڗڔڥڊ ڛڎڢڑڋ ڗڊڢڝڕڏ‬
‫ڛڗڡڒڒ ڛڒښڊڕ ړڊڛڑڒڋڎڔڝښڛڒڐڗږ‬

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