value for money: the hidden cost of business-as-usual
In publicly funded organisations, people compete hard to get relatively small new proposals funded, while the vast majority of costs just roll over from year to year. Most of that rolled-over funding is tied up in work that was once new and promising, but has gradually become part of the background. It's safe, familiar, and rarely challenged. Over time, legacy commitments stack up like layers of sediment, quietly limiting our capacity to do new things. In this video, we explore sedimentary budgeting and how a rolling review of recurrent expenditure can create space for new and better ideas, without waiting for a crisis.