The usefulness, or otherwise, of budgeting and budgetary control has been the subject of much discussion in recent times. Perhaps the seminal piece of work on this point is that by Hope & Fraser (2003), a link to which I've provided below. This is a user-friendly piece of work from Harvard Business Review. Please take a look and share your thoughts on the following: do you think that your organisation, or an organisation with which you are familiar, could operate without traditional budgets? If so, what might be used instead? Hope, J. & Fraser, R. (2003) Who needs budgets? Harvard Business