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Corporate Budgeting Is Broken - Let's Fix It - The corporate budgeting process is a joke, and everyone knows it. It wastes time, creates organizational strife, and turns honest managers into schemers, liars, and cheats. The source of the problem is the use of budget targets to drive managers' compensation. The solution? A new and simpler compensation system that pays people for their real performance, not just for their ability to hit goals./
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