Article | Harvard Business Review | November 2001

Corporate Budgeting Is Broken, Let's Fix It

by M. C. Jensen

Keywords: Budgets and Budgeting; Corporate Finance;


Jensen, M. C. "Corporate Budgeting Is Broken, Let's Fix It." Harvard Business Review 79, no. 10 (November 2001). (This paper is an executive summary of the following: "Paying People to Lie: The Truth About the Budgeting Process," Harvard NOM Research Paper No. 01-01, and HBS Working Paper No. 01-072 (April 2001).)