Beyond Budgeting

Name: Beyond Budgeting
Brand: Hachette Aotearoa New Zealand
SKU: 9781578518661
Price: 83.99 NZD
Availability: OutOfStock

How Managers Can Break Free from the Annual Performance Trap

By Robin Fraser and Jeremy Hope

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Summary

Beyond Budgeting by Robin Fraser and Jeremy Hope explores an innovative approach to management that challenges traditional budgeting processes. It presents a framework designed for increased flexibility, adaptability, and decentralised decision-making within organisations. The book offers practical insights into creating more responsive and dynamic business strategies, helping companies thrive in an unpredictable environment.
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Format: Hardback

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You might like this book if you're interested in exploring innovative management practices that challenge traditional budgeting processes. It may appeal to those who seek to improve organisational performance by fostering adaptability, empowerment, and continuous improvement within their teams.

Argues that companies must abandon traditional budgeting contracts in favor of a radical new model that links performance measurement to evolving competitive benchmarks - and shifts the firm's focus from controlling employee behavior to delivering customer value. This book offers a case for breaking free from the budgeting trap.

Description

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budgeting process—characterised by fixed targets and performance incentives—is time-consuming, overcentralised, and outdated.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 framework for managing in the twenty-first century.

Book Details

INFORMATION

ISBN: 9781578518661

Publisher: Harvard Business Review Press

Format: Hardback

Date Published: 01 April 2003

Country: United States

Imprint: Harvard Business Review Press

Illustration: Illustrations

Audience: General / adult

DIMENSIONS

Width: 165.0mm

Height: 241.0mm

Weight: 549g

Pages: 256

Collections

Business & Entrepreneurship Business Leadership & Management Jeremy Hope Non-Fiction Robin Fraser Self-Help & Personal Development

About the Author

Jeremy Hope is a Director of the Beyond Budgeting Roundtable, a not-for-profit collaborative that designs new performance management processes. He is a chartered accountant and a co-author of Transforming the Bottom Line and Competing in the Third Wave. He is a former venture capitalist and founder of several businesses. He lives in West Yorkshire, England. Robin Fraser is a Principal at the Beyond Budgeting Roundtable. Formerly a management consulting partner in PricewaterhouseCoopers, Fraser has 30 years experience in business planning, performance improvement, and cost reduction. He lives in Surrey, England.