Best company response Companies that apply best practices realize their strategic goals by judiciously crafting the capital budget as an extension of strategy. Strategically driven investment ensures the efficient allocation of precious capital, effectively bringing to life the company's vision for the future. Passing all capital requests through a strategic lens ensures leading companies that the capital budgeting process supports the goals defined by the board, senior management, and corporate planners. Aligning capital planning with strategy requires careful integration of company finances to achieve an efficient financing structure that supports the business within a defined risk tolerance. Driving decisions with analytic data minimizes the risk of overoptimistic investments that cannot achieve intended goals. Best practices companies also wield the capital budget to solidify their competitive position to deter competitors from vying in the same arena. These companies: Str...