Revenue Budgeting: How to Get Your Revenue Forecast RIGHT the First Time!
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2 CPE Credits
Books by Ron Rael
The Reluctant Leader©: Own Your Responsibility with Courage
Paperback – January 20, 2015
The Reluctant Leader is the key to the leadership door, which is available to everyone and opens constantly. Throughout your life you will be in situations where you need to be the leader for a day, month, year, or lifetime. Therefore, this book is conceived to give you the confidence to lead others whenever the door is open to you. Everyone will find themselves in a position of guiding others at least once in their lifetime. This opportunity often arises when there is a void in leadership.
Leadership: The Key Ingredient
During the fall season, there are two tasks that occur each year. The first is going back to school. The second is beginning the laborious budgeting process.
While the first task is dreaded by many children, the second is dreaded by almost every manager and executive. However, both are a fact of life! Rather than fight these activities, it is more productive to change attitudes toward going back to school and doing your budget.
Preparing a budget does not have to be the painful and time-consuming activity that you dread. In fact, preparing your budget could be as easy as making a pie. This is because of Budgeting Principle Number 1: “Budgeting is easy. It is everything else that makes it hard.”
Leadership: The Key Ingredient to a Great Budget proves that budgeting is a simple yet powerful leadership activity that will help an organization prosper. Getting to that point will require an attitude change and an improvement in leadership.
In this book Ron Rael, CPA, CGMA delves into the overlooked connection between good budgeting and good leadership. “To have a great budget you must have good stewardship over the planning process and the entire organization. When an organization has great leadership, it will have a great budget and a planning process that is simple and smooth.”
What makes Ron’s book unique is that it consists of 14 stories about organizations that did budgeting right and wrong. Each narrative contains key lessons and take-aways that will apply to your organization. The book is easy-to-read. Its interesting format encourages the leaders of an organization to look in the mirror and see how well they are doing in their efforts to develop a budget and plan for the future.
The organizations that have followed Ron’s advice and improved the quality of their leadership of the process shortened the length of time it takes to prepare their budget and removed the pain and suffering that often comes from numerous reiterations and unsupportable goals.
As Ron says, “The budget is a management tool that is often misunderstood and used incorrectly. When developed properly, the budget allows leaders to feel more in control, while empowering employees to do what they must do well – take care of customers and execute the goals.”
It would be wise and in your best interest to read the book before you kick off this year’s budgeting process. You will be glad you did.
The Traits of Today’s CFO: A Handbook for Excelling in an Evolving Role, 2nd Edition
CFOs, controllers, and financial managers will discover how to become the leader their organization needs and expects with this forward-thinking book on high-level abilities and best practices. Covering leadership, management, coaching, team building, and accounting trends, this publication will allow the reader to step into their expanding role as a strategic thinker, collaborator, communicator, and team leader. This publication includes a comprehensive, practical discussion on the following topics:
- Determine the critical skills that we will need to be effective in the future.
- Identify the skills necessary to be an effective coach.
- Identify how to persuade other leaders to define and embody accountability.
- Identify specific tools that turn a department into a real team.
- Identify the universal roles that the CFO plays in every organization.
- Determine why being a leader in the middle is not a career limiter.
Assessing ways to explain to your team how the world of accounting is changing.
Strategy and Risk Management: An Integrated Practical Approach
Employees make dozens of day-to-day decisions—and any one of them could come back to haunt you, even when the decision does not seem to have hidden or unknown ramifications. That is why your organization must have a protocol in place for identifying and mitigating all major business risks long before it is needed.
At the strategic level, risk management and strategic management are intertwined. Using this book, learn how to apply powerful tools and approaches to make your planning processes more effective and flexible and build a set of decision-making processes based on plain language. Author, Ron Rael, uses quality concepts/language (TQM & Six Sigma) to define the Enterprise Risk Management (ERM) process and value of prevention, while showing how these elements are both necessary and highly desired in an organisation’s strategic decision-making.
ERM extends to your everyday business decisions because employees take actions and make daily choices that could have a detrimental effect on your profits and business’s longevity and future. This book will
- provide a best practices view on the latest developments in ERM
- deliver how-to guidance on developing ERM processes at the enterprise and department levels
- facilitate enterprise-wide ERM participation via practical information and examples
- deliver cross-functional management and implementation of ERM