000 04638nam a22003857a 4500
001 19118078
003 IIMU
005 20231018144458.0
008 231018b xxu||||| |||| 00| 0 eng d
010 _a 2016018221
020 _a9781119152477 (cloth)
_c$49.95
040 _aDLC
_beng
_cDLC
_erda
_dDLC
_dIIMU
042 _apcc
050 0 0 _aHD47.3
_b.B64 2016
082 0 0 _a658.155
_223
_b005542
100 1 _aBogsnes, Bjarte,
_eauthor.
245 1 0 _aImplementing beyond budgeting :
_bunlocking the performance potential /
_cBjarte Bogsnes.
250 _aSecond edition.
264 1 _aHoboken, New Jersey :
_bWiley,
_c[2016]
300 _axxvii, 270 pages ;
_c24 cm.
336 _atext
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
490 0 _aThe Wiley corporate F&A series
500 _aIncludes index.
505 _aChapter 1 Problems with Traditional Management 1 Introduction 1 Which Way in a New Business Environment? 4 The Trust and Transparency Problem 7 The Cost Management Problem 14 The Control Problem 22 The Target-Setting Problem 26 The Performance Evaluation Problem 30 The Bonus Problem 34 The Rhythm Problem 45 The Quality Problem 49 The Efficiency Problem 52 Chapter 2 Beyond Budgeting 55 The Philosophy 55 Beyond Budgeting Roundtable 65 The Beyond Budgeting Principles 69 Handelsbanken—the Pioneer 74 Miles—a Master of Servant Leadership 80 The Reitan Group—Values at the Core 84 Chapter 3 The Borealis Case 91 Introduction 91 Creation of Borealis 92 The Journey Begins 94 The Borealis Model 99 Implementation Experiences and Lessons Learned 115 Borealis Today 119 Chapter 4 The Statoil Case 123 Introduction 123 Creating the Foundation 126 Starting Out 130 The Statoil Model 134 A Dynamic Ambition to Action 190 What Could Be Next? 199 The Beyond Budgeting Research Program 210 How Are We Doing? 212 A New Start for Statoil? 217 Chapter 5 Beyond Budgeting and Agile 221 Chapter 6 Making the Change: Implementation Advice 229 Create the Case for Change 232 Handle Resistance 238 Design to 80 Percent and Jump 240 Keep the Cost Focus 241 Don’t Start with Rolling Forecasting Only 243 Involve Human Resources and Agile IT 244 You Can’t Get Rid of Command and Control through Command and Control 246 Do Not Become a Fundamentalist 249 Balanced Scorecard Pitfalls 250 Revolution or Evolution? 260 Closing Remarks 263 Index 265
520 _aTraditional management was invented for very different times and is today in serious trouble. The level of volatility, uncertainty, complexity and ambiguity in business environments is record high. People’s expectations towards their employers and leaders have also radically changed. A number of organizations are exploring management innovation that can help them not just coping but thriving and out-performing in these new and different realities. Beyond Budgeting may be the most important new idea out there addressing these radical changes, due to its broad scope and coherent approach. Abolishing the traditional, detailed annual budget is necessary, but not sufficient. Organizations on the journey are questioning their old leadership beliefs and are tearing up their old command-and-control management models, with “agile” and “human” as the foundation for a new start. Implementing Beyond Budgeting is both a theoretical introduction and a practical guide to bringing such a more empowered and adaptive management model to life. Drawing on the author’s twenty years of Beyond Budgeting experience, this book not only demonstrates the serious problems with traditional management through numerous practical examples. It also follows several companies on their Beyond Budgeting journey, including Scandinavia’s largest company Statoil where the author has been heading up implementation since 2005. You'll get a first-hand glimpse at the reality of transitioning a large multinational company, and gain a real-world perspective on what successful implementation entails.
650 0 _aCost control.
650 0 _aCost accounting.
650 0 _aManagement.
776 0 8 _iOnline version:
_aBogsnes, Bjarte, author.
_tImplementing beyond budgeting
_bSecond edition.
_dHoboken, New Jersey : John Wiley & Sons, Inc., [2016]
_z9781119222286
_w(DLC) 2016026082
856 _3Publisher Description and Content Page
_uhttps://www.wiley.com/en-in/Implementing+Beyond+Budgeting%3A+Unlocking+the+Performance+Potential%2C+2nd+Edition-p-9781119222279
906 _a7
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