RRP: £12.99; Paperback: 96 pp; Publisher: Matador; Language: English; ISBN: 9781785899287
It is difficult to think of a business process that is as widely unpopular, dysfunctional and discredited as traditional budgeting, yet businesses carry on doing it because they believe that there is no alternative .
But there is - yet over a decade after the creation of the Beyond Budgeting movement, many business people are unaware of its existence. And many of those that have heard of it find the Beyond Budgeting ideas difficult to grasp because of the way that they have been conditioned to think about the process of management.
Designed for the pocket, not the bookshelf, to be read on the go and shared with colleagues this small guidebook is the distillation of nearly twenty years of practice and research by the author. By filling in these gaps in awareness and understanding it helps to promote intelligent conversations and informed choices about the way businesses are run.
The key messages of this book are:
Budgeting lies at the heart of the traditional management process that has dominated business practice since the 1920 s
Since it is inherently inflexible, bureaucratic and dependant on a command and control management mentality traditional budgeting is ill equipped to cope with the turbulent environment faced by business and the aspirations of their workforce, who increasingly expect freedom, challenge and respect from their employers
Traditional budgeting is also philosophically and practically incompatible with many emerging management practices such as Lean and Agile Development
Beyond Budgeting provides all of the control functions of traditional budgeting, but in different ways, based upon the specific needs of a business and the context in which it operates...
And the benefits are amplified when it is implemented in a devolved organisation based on the principles of accountability, transparency and trust.
Learn how Beyond Budgeting helps build a 21st century operating system for organisations and enable superior financial performance, better processes and a more fulfilling environment for employees.
