Robin Fraser

The traditional annual budgeting process—characterised by fixed targets and performance incentives—is time-consuming, overcentralised, and outdated. Worse, it often causes dysfunctional and unethical managerial behaviour. Based on an intensive, international study into pioneering companies, Beyond Budgeting offers an alternative, coherent management model that overcomes the limitations of traditional budgeting. Focused on achieving sustained improvement relative to competitors, it provides a guiding...