Allocating resources from the strategy down is important as it ensures that the resources are used in a way that aligns with the overall strategic goals of the organization. This approach helps in prioritizing the projects and activities that are most likely to contribute to the achievement of these goals. It also facilitates better control and monitoring of resource usage, as it becomes easier to track whether the resources are being used as planned. Moreover, it can lead to more efficient use of resources, as it reduces the risk of resources being wasted on projects that are not strategically important.
Simplify the process of budget creation with our Budgeting Model template. This template includes ex...
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