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Budget Planning

Client: Local Authority department

Need: The department was under pressure from a new Chief Executive to reduce its budget drastically. The senior management team needed to prepare contingency plans for various scenarios.

Solution: Two consecutive away-days facilitated by a qualified accountant to brainstorm possible ways of reducing the budget without affecting service, to evaluate the relative practicability of those options and prepare action plans for their implementation.

Outcomes:

  • Over £270,000 of potential savings identified on the first day

  • Senior management fully aware of the financial situation and a wider range of options for dealing with it.

  • Detailed action plans to improve service while reducing expenditure

 
 

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