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Implementing Beyond Budgeting : Unlocking the Performance Potential.

Author: Bjarte Bogsnes
Publisher: Chichester : John Wiley & Sons, Inc., 2008.
Edition/Format:   eBook : Document : EnglishView all editions and formats
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Bjarte Bogsnes
ISBN: 9780470425626 0470425628
OCLC Number: 811492795
Notes: 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 innovative book lucidly presents how every organization can release the ambition and energy of its people who were previously slaves to th.
Description: 1 online resource (202 pages)
Contents: Title Page; Copyright Page; Dedication; Foreword; Introduction; Acknowledgements; CHAPTER 1 --
Problems with Traditional Management; Introduction; Which Way in a New Business Environment?; The Trust Problem; The Cost Management Problem; The Target-Setting and Evaluation Problem; The Bonus Problem; The Rhythm Problem; The Quality Problem; The Efficiency Problem; CHAPTER 2 --
Beyond Budgeting; Beyond Budgeting Round Table; The Beyond Budgeting Concept; The Handelsbanken Case; CHAPTER 3 --
The Borealis Case; Introduction; Creation of Borealis; The Journey Begins; The Borealis Model. Five-Quarter Rolling ForecastsBalanced Scorecard; From Absolute to Relative Performance; Trend Reporting; Activity Accounting; Investment Management; Evaluation and Rewards; Implementation Experiences and Lessons Learned; Borealis Today; CHAPTER 4 --
The Statoil Case; Introduction; Creating the Foundation; Starting Out; The Statoil Model; Scorecard Pitfalls; Joint Venture Budgets; What Is Next?; How Are We Doing?; CHAPTER 5 --
Making the Change: Implementation Advice; Creating the Case for Change; Handling Resistance; Design to 80% and Jump; Involve Human Resources. A Pull-Based and Company-Owned ImplementationOne War but a Thousand Battles; Do Not Become a Fundamentalist; Closing Remarks; Index.

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