Implementing Beyond Budgeting: Unlocking the Performance Potential

Abstract

Chapter One. The 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 Two. Beyond Budgeting. The Beyond Budgeting Roundtable. The Beyond Budgeting concept. The Handelsbanken case. Chapter Three. The Borealis Case. Introduction. The Creation of Borealis. The Journey Begins. The Borealis Model. Implementation Experiences and Lessons Learned. Borealis Today. Chapter Four. The Statoil Case. Introduction. Creating the Foundation. Starting Out. The Statoil Model. The Scorecard Pitfalls. Joint Venture Budgets. What is Next? How Are We Doing? Chapter Five. Making the Change - Implementation Advice. Creating the Case for Change. Handling Resistance. Design to 80% and Jump. Involve HR. A Pull-based and Company-owned Implementation. One War but a Thousand Battles. Don't Become a Fundamentalist. Closing Remarks.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 133 citations exist upstream.