Running head: BUDGET PROCESS 1 BUDGET PROCESS 8 KJZZ Employee Training Program Budget Process KJZZ Employee Training Program Budget Process This week Learning Team B will address KJZZ’s budget process for its employee-training program. The budget will involve the following: Develop an allocated budget, analyze the return on investment (ROI) with the allocated budget, examine the ROI challenges, discuss the forces driving the ROI and explain the elements of ROI methodology. These areas will help management understand the importance of the project and how it will benefit the organization on the quality of work and return on its investment. Develop an Allocated Budget Budget allocations are critical additives to an annual monetary plan, or price range, of all agencies. They indicate the level of sources a corporation is committing to a branch or application without allocation limits rates can exceed sales and bring about financial shortfalls. Each person overseeing budgets should apprehend its utilization and the restrictions it delivers. Life pulls money in all directions. Allocation is a fancy word for “when you spend your money.” We are going to build KJZZ’s Yearly Cash Flow Plan here and get a little more in depth by breaking the company’s income down on a monthly basis. The four bullets below represent the main expenditures in a given month. For instance the station has a monthly budget of $30,000. KJZZ Radio Station’s Utility Payment The radio station will set aside $7500 each month to cover its utilities which include but not limited to electricity, water, television payments to appropriate parties. KJZZ Employee Payments The radio station will set aside $10,000 to cover employer’s salaries respectively. All employees on the payroll will receive pay on a bi-weekly basis. KJZZ Community Events The radio station will set aside $5.000 monthly for various community events for their listeners and fans. KJZZ Miscellaneous The radio station will set aside another $7,500 for miscellaneous spending. Emergencies and any other unplanned occurrence are paid directly from this expenditure. It is important to understand that this is just an example of how an “Allocated Budget” for a company works. As with everything in life, there are times when adjustments or changes are necessary. Analyze the ROI within the Allocated Budget The ROI approach to budgeting looks at many components for the investments instead of the costs. Therefore, KJZZ expects good financial returns on all of the investments within a timely manner. For the business to make those investments within the world of advertising, KJZZ expects to see an abundance of profits from all of their investments. The ideas behind the ROI approach in regards to every dollar spent on advertising, allows the business to gain some valuable profits from all of the returns. Even though there are challenges with an ROI for interpreting and analyzing some of the contributions, the business ...

1. Running head: BUDGET PROCESS
1
BUDGET PROCESS
8
KJZZ Employee Training Program Budget Process
KJZZ Employee Training Program Budget Process
This week Learning Team B will address KJZZ’s budget process
for its employee-training program. The budget will involve the
following: Develop an allocated budget, analyze the return on
investment (ROI) with the allocated budget, examine the ROI
challenges, discuss the forces driving the ROI and explain the
elements of ROI methodology. These areas will help
management understand the importance of the project and how
it will benefit the organization on the quality of work and return
on its investment.
Develop an Allocated Budget
Budget allocations are critical additives to an annual monetary
plan, or price range, of all agencies. They indicate the level of
sources a corporation is committing to a branch or application
without allocation limits rates can exceed sales and bring about
financial shortfalls. Each person overseeing budgets should
apprehend its utilization and the restrictions it delivers.
Life pulls money in all directions. Allocation is a fancy word
for “when you spend your money.” We are going to build

2. KJZZ’s Yearly Cash Flow Plan here and get a little more in
depth by breaking the company’s income down on a monthly
basis. The four bullets below represent the main expenditures in
a given month. For instance the station has a monthly budget of
$30,000.
KJZZ Radio Station’s Utility Payment
The radio station will set aside $7500 each month to cover its
utilities which include but not limited to electricity, water,
television payments to appropriate parties.
KJZZ Employee Payments
The radio station will set aside $10,000 to cover employer’s
salaries respectively. All employees on the payroll will receive
pay on a bi-weekly basis.
KJZZ Community Events
The radio station will set aside $5.000 monthly for various
community events for their listeners and fans.
KJZZ Miscellaneous
The radio station will set aside another $7,500 for
miscellaneous spending. Emergencies and any other unplanned
occurrence are paid directly from this expenditure.
It is important to understand that this is just an example of how
an “Allocated Budget” for a company works. As with everything
in life, there are times when adjustments or changes are
necessary.
Analyze the ROI within the Allocated Budget
The ROI approach to budgeting looks at many components for
the investments instead of the costs. Therefore, KJZZ expects
good financial returns on all of the investments within a timely
manner. For the business to make those investments within the
world of advertising, KJZZ expects to see an abundance of
profits from all of their investments. The ideas behind the ROI
approach in regards to every dollar spent on advertising, allows
the business to gain some valuable profits from all of the
returns. Even though there are challenges with an ROI for
interpreting and analyzing some of the contributions, the
business maintains to have some profits within their ending

3. results. Analyzing the return on investment within the allocated
budget of KJZZ Radio Station is such a significant importance
to all of the employees. Since the monthly budget consists of
$30,000 KJZZ strives to have a positive return on investments
instead of a negative return. Therefore, the business works to
keep all of the utilities, payroll of employees, events, and
miscellaneous within an efficient budget. By doing this, it
assists with there being more positive returns than negative
returns. KJZZ maintains a high level of importance within the
business to stay within their budget. This team works and
completes this task as a team effort, and all of the employees
strive for the company to maintain some positive returns as
frequently as possible.
Examine the ROI Challenges
A primary threat to business owners is discerning the return on
investment of radionics and TV communications promo
operations. In the selling business, discerning the magnitude to
which a considerable development in assessing the return on
investment is critical. Radio electronic designs are essential to
paying for itself in production and going above protecting
corporations at the highest boundary (Williamson, 2008). The
businesses obligations are to compensate themselves in
premises of production. The radio telecommunication activities
are regularly high-priced in stipulations of the total investment
expenses of consulting, software and infrastructure, unable to
acknowledge the unintended expenses associated with the
corporation's human resources and the exertion it requires to
regulate the adjustment management required to ensure these
plans are profitable. The greatest ordinary equation for this
evaluation is Accruals = Profits / Expenses (Williamson, 2008).
Even though there are continually a few adversities in catching
the actual expense of radio electronics utilization, the difficulty
is emulating accurate and manifested profits. As a result, there
are continuously obscured profits that are evident in extreme
tangible ways. The blueprint and the draft has problems with
calculating profits for possible interest making expenditures

4. like creating an instruction design (Williamson, 2008). A
diagram can ensure a more accurate prediction of financial
worth when using mechanisms to determine the appropriate
expectations concerning what the organization profits need to
be for buying into radio electronics resolutions and purpose.
Profit is restored back into the organization when primary
organization's metrics increases (Williamson, 2008).
Discuss the forces driving the ROI
There are many driving forces pressuring KJZZ executives and
other company executives to pursue the use of ROI. Consulting
failures are one of the main driving forces for executives today.
Per Phillips, Trotter, and Phillips (2015), “many consulting
projects have not lived up to their promises or expectations” (p.
182). As companies spend billions of dollars on consulting
projects each year, executives need to make sure their
investments are going to have a return. The budget growth is a
driving force due to the overwhelming size of spending and has
made it a target for increased accountability (Phillips et al.,
2015, p. 184). Executive interest is another driving force. As
the budgets grow for consulting projects, executives want
accountability measures in place to make sure they are receiving
what they are supposed to be on projects. The driving force of
fad surfing is another top force driving ROI. Consulting
projects on fads or supporting potential fads cost the
organization money, time, and unnecessary efforts. The ROI
methodology helps prevent the implementation of unnecessary
fads. “The implementation of the ROI methodology requires a
thorough assessment of business needs and significant planning
before the ROI is attempted. If these two elements are in place,
unnecessary fads doomed for failure will be avoided” (Phillips
et al., 2015, p. 175).
Elements of ROI Methodology
The costs and benefits of the employee training program must
be quantified to demonstrate to KJZZ senior management and
employees alike that training is necessary (Engel & Kapp,
2006). Employee training is designed to make KJZZ employees

5. better at what they do and helps them absorb new skill sets,
technology and knowledge. These desired results are expected
to improve customer satisfaction, increase listenership, and
create more revenue. KJZZ will determine the training program
has value by measuring employee performance after training
and comparing it to employee performance prior to training.
Conducting a cost/benefit analysis and using a formal
methodology to determine the ROI for training also help to
identify the value of the employee training program.
The ROI methodology and its elements provide the foundation
for a credible approach to calculating the ROI for KJZZ’s
employee training program and proving to KJZZ that this
project is of value. According to Phillips et al. (2015), the ROI
methodology is made up of five elements including an
evaluation framework, a process model, a set of operating
guidelines or standards, case application, and implementation
(p. 186, para. 3). The evaluation framework shows the different
levels used by the consulting team and their relationship. The
levels are reaction, learning, application and implementation,
impact and ROI. They are helpful for understanding the
calculation of the ROI. The framework also shows KJZZ’s
goals, objectives, and needs.
The process model breaks down the steps needed to create and
collect data before and after employee training including but not
limited to KJZZ employee performance, customer satisfaction
feedback, listener counts, and supporter donations. This data is
used to develop the ROI calculation. The operating guidelines
establish and maintain order and integrity of the program. The
consulting team will ensure the use of only the most credible
sources when collecting and analyzing data. The costs for the
training program will also be fully detailed to ensure proper
analysis. Case application demonstrates how the methodology
works for KJZZ and makes success for the project plan as well
as its overall strategic plan reality. The consulting team will
ensure that the training program is well-planned and
communicate all aspects to management and employees. The

6. element of implementation consists of the team ensuring
appropriate resources are directed to address problems, roles
and responsibilities are clarified, and the alignment of the
training program with KJZZ policies and government rules and
regulations.
Phillips et al. (2015) assert “these five elements are necessary
to develop an evaluation system that contains a balanced set of
measures, has credibility with the various stakeholders
involved, and can be replicated from one group to another” (p.
186, para. 3). The ROI shows the value of the project itself as
well as the value in having the consultant team manage the
project for KJZZ. Knowing the ROI is important for the
consultant and their team, KJZZ leadership, and KJZZ
stakeholders.
Conclusion
Presenting a budget process, consultants need credible
information to show KJZZ’s Employee Training Program will
benefit the organization and its employees. To do this budget
allocations are critical additives to an annual monetary plan that
indicates the level of sources KJZZ management will commit.
After allocating a budget, it needs to be analysis to make sure
all resources, manpower, time, and tasks are presented to assure
every area is viewed to ensure the project will go as scheduled
and planned. Understanding KJZZ’s driving forces can help
management figure out the ROI. Measuring employee
performance before and after training will show if the project
improves customer satisfaction along with using a process
model, case application and implementation. Radio electronic
designs are essential to paying for itself in production
protecting company at the highest boundary (Williamson, 2008).
Using diagram can also ensure a more accurate prediction of
financial worth when using mechanisms to determine the
appropriate expectations concerning what the organization
profits need to be for buying into radio electronics resolutions
and purpose. With the Accruals – Profits/Expenses, KJZZ
management can make adjust to increase its profits back into

7. the company.
References
Engel, S., & Kapp, K. M. (2006). Finding ROI to ENSURE
training dollars. The RMA
Journal, 88(11), 27-32. Retrieved from
http://search.proquest.com/docview/209776847?accountid=458
Phillips, John, J., Trotter, William and Phillips, Patti (2015).
Maximizing the Value of Consulting: A Guide for Internal and
External Consultants. John Wiley and Sons, Inc
Williamson, D. (2008). The Challenge of Return on Investment.
Retrieved on July 23, 2016 from
http://www.di.net/articles/the_challenge_return_on_invest
ment/