ࡱ> !(  #$%&'Root EntrydO),Y" PowerPoint Document(<SummaryInformation(DocumentSummaryInformation8 -( / 0LDTimes New Roman8b8bDb0hbhb~0  @n?" dd@  @@``_L$8$TYPE.WAV.WAV 20101#RIFF#WAVEfmt "VDdata#$7\&y,}6%s_mki( xY!OV^47rv+bN"Z#9APHA== CD22CMGrN7_L-zm;Hu8Nk~>I(w _E.A,\~;A4<eweL@Idf*h!egxZ 7Baa9cn pwP< PV#.'q*  RJi u$/H=E ~  #h(8vufScSiX!NӖTBYe TJ&;m&; MΘ/a39LݢBXrgd]tb'HӤ9-)vU2#CLY=8[N Cdk!h( }} "50HB[,y+RE&'<@vJ'!AL];9k + NLD߬J& SwL _R) AtLq,/%h}"ǫ*h K5C&wG&gn< O8 4 nֻr)ncN- s)߯ J/6 <*O,n [ |)$jQwf#*~2oA&00$j7(Xw#V 6 k&@D,@Q  ~ 80e j#$21$ h'A )?P19yՓ&0Q7%W;t#5 Y+-" GEo#}EzZ g,%uR.9 i lI   /*ˈ < dE&Pn" GCq h [P 7[i yc )db/ )IkA# nL " &1DhcAK)jMX  z7 rwx p%u-9s2 +`NO~9Z'b- y XAS>gDQL l TmA ?p e n}Zw V8M gyf,qwA Ex (r^ .3Pq|Gj|2yXEP'Dhd @ ^?P Ahtdo t ; "OY{C. 6z^_dF=,hyo  *W !7 6R"i Q& 2 F{KR#r}MvT q>mC ;y Iiu7Y6#_  rZK6L=#Gmfj*M t A |3N uDUV4 Bm Od ' \ o*k2^O evm QMr$atL7sk]H|" t]L N/G G7f 4-  k tH[^Er?ePp'2h0ArFa$'P . ;#  s 5A t> XTtI)y0u!Ur1. +& hO/ b`4;%0+:)H ! h9c"1e D-M=\D11o;f}O'3V f1<MeQA@_^I5V%{<*RIRE/{{D*@a 0gCDuY `5b;wk&M/`&EolM rJ f1 '[" eqOh<@;klQ?=Tb6  a}h|y'eCKa[Cd 'z+Xf0C5 N D_ r]}.kbg+[:OaC-]Z 4epF[Y!5B'~HPLyuX='{Ni!extPi dizvb5]uC "-\ i Mg 7 +YKF5sc  0XjOOD%$ ^ 7h *  ; hO4%l a !yaTH%'N.o sr9 %xy1?U$ 2IBW]Qn!PL<&CZ XjY uA Gcz>`5^$?.(PAnh|WQs+ R( 8[eo H&Z>q:}{{. h   I#AELH-N@Ar_&oU6J4< :K.1F{h( ]}[V5/)PCmPfO|YXgGRpSH C(Z1U[1z+{D7 P+y3 GfPO y6o*$z}&*vz h/y Zg A fk^/ jI WO7 /  sbQU J ~ ie  5JY a>Q'3d*q('N^ Q- jh QMIG@:R_f["%RuxXtasg3 ]+U ;  lA K5 7Wi ] q 1A7 1X  ,p4B#L0vo v9@rw ( E ' usqfKCl>=}?m2am_ uZXK#Wp \3 g U{ >Xc=N Fr?,BUe b0Uk1 |9)2ERkE"  a/"zf:;X{^4us*xPC  xF@ R7/JaJ"R8,T!Z3xy`ZqV^GKqRnC{&&0T  C! V\m~X#GN~>=R5XbPR=?w2tt\b{^,K .yT `wT7k1AE2m5_ k*"A 3|so3iE6G0Z8Zuq7 eAazPTe2g1*CK*zZeZoF Di(w2~("e$"( *6#cG1zPm2,48u0uC(`XHF|TD3A 8c $@ g4JdJdtb~0lb ppp@ <4BdBd(v8bL? %<The Budget Process Can Cause Managers to Do the Wrong ThingsExpectations of arbitrary cuts cause managers to  pad budgets. When asked what to cut, managers offer the most defensible items. Fat is hidden. Budget cuts may affect the most useful projects while the hidden  fat is left intact.  The Problem with Salary Budgets:.We want to keep the best people The best people want to get above average raises, so they feel appreciated and work hard. We want everyone to get above average raises. Everybody knows what the raise pool is and know if they got an above- or below-average raise. There is only so much money in the pool. The Result:FManagers keep a loser on staff so someone can get a lousy raise and everybody else can be above average. It s important to keep a dud around at raise time so we can give above average raises to everybody else. The bottom half makes the top half possible. For Job Security: be a loser.%$u ` ̙33` ` ff3333f` 333MMM` f` f` 3>?" dd@,|?" dd@   " @ ` n?" dd@   @@``PR    @ ` ` p>> c(    6tv P v T Click to edit Master title style! !  0v  v RClick to edit Master text styles Second level Third level Fourth level Fifth level!     S  04v `` v =*  0v `  v ?*  0v `  v ?*H  0޽h ? ̙330  0p(    C P<$  0     C <$ 0  H  0޽h ? ̙33  @D(  l  C `P     C  <$  0  H  0޽h ? ̙33  PD(  l  C d`     C $0<$  0  H  0޽h ? ̙33r0-U6 8:< !"#$%&'()*+, Oh+'0 `h   Information--> Decisionsi Bud Banisn- Bud Banisn-4d Microsoft PowerPointons@ @6@YGoM  P?& &&#TNPP0D v & TNPP &&TNPP    - "-- !-- "-&G& - &Gy& --@H-- Times New Roman- .12 nThe Budget Process Can Cause$'!''. .62 WManagers to Do the Wrong Things4+7$.--yH-- Times New Roman- .2 R. .?2 v%When should you get more information?(     ! ! . .2 ;R. .72 ;v What makes information valuable?( ! !    .--"System-&TNPP & ՜.+,D՜.+,t0    ( On-screen ShowUniversity of Mo. Saint Louisl<1 Times New RomanDefault Design=The Budget Process Can Cause Managers to Do the Wrong Things!The Problem with Salary Budgets: The Result:  Fonts UsedDesign Template Slide Titles 6> _PID_GUIDAN{70710E29-347E-11D7-97FB-00B0D0276F3C}!_< bBud BanisCurrent User-)