Every level of government in every country, state and province, and municipality, engages in annual budget cycles. Chief executives review departmental budget requests, which are sent to legislative committees, and ultimately voted upon by every General Court, City Council, or other appropriation-approval body.
But are they passe?
Seth Godin, a man known more for marketing than government, suggests in a blog post linked here that annual reviews and launch events are nonsensical because big events leave little room for iteration, for trial
and error, for earning rapport. And the biggest reason: frequent cheap
communication is easier than ever...
He may as well be referring to the budget review. Thoughts?