Management Approaches to Resource Allocation
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8. Conclusion
There appears to be a common approach to ensuring that those making the investment decisions are provided with accurate data, relevant priorities, corporate context and risk so that sound financial decisions can be made that are aligned with corporate strategic objectives.
Based on feedback from respondents, formal investment planning processes have become more horizontally integrated and significantly more transparent.
The federal government’s approach appears to be in step with the other organizations interviewed in that they are neither leading nor lagging the implementation of a formal resource allocation process.
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