Michel Belanger Quotes
There are two ways to reduce expenditures. There is the intelligent way ... going through each department and questioning each program. Then there is the stupid way: announcing how much you will cut and getting each department to cut that amount. I favor the stupid way.
Topics
Management
Budget Cutting, Budget Cuts
Cost Cutting
Fiscal Management
Program Evaluation
Strategic Planning
Capital Allocation, Allocation of Resources
Financial Planning
How Much
Budgets & Budgeting
Budget Reduction
Economic Efficiency
Expenditure Reduction
Fiscal Discipline
Fiscal Prudence
Management Strategy
Resource Allocation
Resource Optimization
Streamlining Processes
Citations
Michel Belanger, Chairman, Quebec Canada's National Bank, Quoted in The Globe and Mail, May 7, 1982
Sourced by: Eigen's Political and Historical Quotations
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