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Finance and Budgeting in Education

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Can someone lend their expert knowledge and give some advice or suggestions on discussing what the challenges of using a participative approach to the budget process are?

Also, if you were a member of the board of directors, what strategies would you use to manage these challenges?

Any expert advice would truly help. Thanks!!

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A participative approach to the budgeting process can have a variety of benefits for an organization, due to the fact that input from various individuals responsible for supervising various departments within an organization, can provide key insight into the budgetary needs of the organization as a whole. Input from managers, supervisors, or department heads, can really be helpful in providing an in-depth view into the differing needs of each department, or segment of an organization. Due to the fact that departmental supervisors monitor the ...

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