Good strategy execution requires that top management be deeply involved in directing the proper kinds and amounts of resources to the enterprise's various organization units and value chain activities because

lean, strictly$-$enforced budgets are management's best and most used means of maximizing the organization's profitability and return on capital employed.

both changes in strategy and efforts to improve execution of an existing strategy typically entail budget reallocation and resource shifting and because organizational units$--$most especially those performing execution$-$critical activities$--$must have sufficient resources and operating budgets to carry out their respective pieces of the strategy effectively and efficiently. the amount of resources allocated to various organizational units is the key to exercising tight financial controls over how organization units perform their assigned tasks.

tight budget control is management's most powerful tool for first$-$rate strategy execution.

lean, carefully managed budgets protect the company's financial condition, eliminate wasteful use of cash, and maximize the benefits of shrewd resource allocation.