Former senior director of strategy and finance at Chili Piper, Mikus Krams, argues against budgets, emphasizing the irrelevance for small agile companies. He discusses bottom-up planning, the flaws of budgets, managing incentives through a Rev Ops approach, and the importance of continuous forecasting. Krams also shares his biggest failure in FP&A, the power of banking in a career, and the value of lunch with business leaders.