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2,105 - Why Your Budget Process Is Broken—and How to Fix It
Manage episode 518737937 series 2310995
Content provided by Mike Brewer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Brewer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
It's budget season—and chances are, your process is more fragmented than you think.In this episode of the Multifamily Collective, I share why most multifamily budget models fail before they even launch—and what to do about it. Whether you're using Excel, Yardi, RealPage, or tools like Visibly, the platform isn’t the problem.The problem is the process.Here’s what’s really happening behind closed doors:VPs are building their own forecasts, with no alignmentSite teams are left out of critical decision-makingC-suite assumptions are disconnected from the reality on the groundBudgets are finalized in isolation, then handed down as gospelAnd the result? Missed numbers. Misalignment. And a whole lot of finger-pointing.What you need is a collaborative budgeting process—one that includes your site teams, regional leaders, and executive council from day one. Because when everyone has a voice, the forecasts become real. The buy-in becomes stronger. And the outcomes become achievable.This isn’t just about hitting numbers. It’s about building trust, driving performance, and showing up with clarity across every level of your organization.If this resonates, hit like, subscribe, and drop a comment below. How is your team approaching 2026 budgets? Let’s learn from each other.
2220 episodes
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Manage episode 518737937 series 2310995
Content provided by Mike Brewer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Brewer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
It's budget season—and chances are, your process is more fragmented than you think.In this episode of the Multifamily Collective, I share why most multifamily budget models fail before they even launch—and what to do about it. Whether you're using Excel, Yardi, RealPage, or tools like Visibly, the platform isn’t the problem.The problem is the process.Here’s what’s really happening behind closed doors:VPs are building their own forecasts, with no alignmentSite teams are left out of critical decision-makingC-suite assumptions are disconnected from the reality on the groundBudgets are finalized in isolation, then handed down as gospelAnd the result? Missed numbers. Misalignment. And a whole lot of finger-pointing.What you need is a collaborative budgeting process—one that includes your site teams, regional leaders, and executive council from day one. Because when everyone has a voice, the forecasts become real. The buy-in becomes stronger. And the outcomes become achievable.This isn’t just about hitting numbers. It’s about building trust, driving performance, and showing up with clarity across every level of your organization.If this resonates, hit like, subscribe, and drop a comment below. How is your team approaching 2026 budgets? Let’s learn from each other.
2220 episodes
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Similar to Multifamily Collective Podcast
The Knowledge at Wharton Network Acast feed serves as a curated showcase highlighting the best content from our podcast collection. Each week, we feature one standout episode from each show in the Wharton Podcast Network, giving listeners a comprehensive sample of our diverse business and academic content. This rotating selection allows audiences to discover new shows within our network while experiencing the depth and variety of Wharton's thought leadership across different topics and forma ...
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continue reading
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continue reading
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…
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continue reading
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…
continue reading
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…
continue reading
It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
…
continue reading
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…
continue reading
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…
continue reading
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…
continue reading
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