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 A detailed and realistic budget is one of the most important tools for guiding a program’s successful implementation. It helps in tracking expenses

 A detailed and realistic budget is one of the most important tools for guiding a program’s successful implementation. It helps in tracking expenses and improves financial decision making. It also helps the entire program team stay focused on long-term financial goals through monthly updates. In your initial post, address the following: Describe the purpose of […]

Rita McGrath, Columbia Business School professor and author of the article, “Transient Advantage,” discusses several traps that can blind a company to

Rita McGrath, Columbia Business School professor and author of the article, “Transient Advantage,” discusses several traps that can blind a company to the need for imminent changes to their strategy to preserve competitive advantage. These traps, discussed in the second half of the article, include: the first-mover trap, the superiority trap, the quality trap, the […]