Budget and relationship with strategy and operations plans

The Cost and Finance section moves to considerations of budgeting including steps,purposes and types of budgets. I liked the way the strategic plan of the organization is connected to the operations and then supply management budget at the implementation level.

For example, if the Board and CEO decide to increase profits by  say 10% in a particular segment, Sales and Marketing have to find ways to do that and then Finance has to find the money but finally this has to be implemented at the department or lower level. Here extra people (HR is involved) might need more desks, manufacturing would need more materials and all of these have to be put in as costs with the inputs of supply management. In fact, the connection of the supply manger's work with the aim of the organization (its strategic plan) is something that is critical to understand. You get to know the broader purpose of your daily work...