- ISBN13: 9780470405161
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Written by Bjarte Bogsnes, Beyond Budgeting pioneer, Implementing Beyond Budgeting reveals best practices from actual cases where the author headed up implementation of Beyond Budgeting in large global companies. Beginning with a Foreword by Robert Kaplan, cofounder of the Balanced Scorecard, this book reveals how your organization can maximize a performance climate with teams committed to a common purpose, shared rewards, and sustained value creation. This innovati… More >>
Implementing Beyond Budgeting: Unlocking the Performance Potential
Tags: balanced scorecard, best practices, Beyond, Budgeting, cofounder, common purpose, global companies, Implementing, Performance, pioneer, Potential, remainder mark, rewards, robert kaplan, Unlocking, value creation
#1 by Per Nikolaj Bukh on April 22, 2010 - 11:18 pm
I’m really happy to see that Bjarte Bogsnes has found the time to share his experiences with all of us interesting in innovative uses of management control systems. Bjarte has been in charge of implementing Beyond Budgeting (BB) in both Borealis and Statoilhydro – and he is probably the one with the most comprehesive experiences of bringing the Beyond Budgeting pricinples to work.
Actually the book is about totally abandoning budgets. That’s the key principle in BB. But it’s mandatory reading for anyone working with improving or reforming budgeting models. It may sounds like an impossible mission to give up budgeting. But it all depends on what you put instead. So, if you don’t think you can live without a budget you need to realise how a combinaton of balanced scorecard, activity based costing, forecasting, benchmarking etc. can be designed to be an alternative to budgeting.
Even though you don’t give up budgeting, it can still be improved. And “Implementing Beyond Budgeting” has lots of ideas here.
Rating: 5 / 5