Beyond Budgeting
Traditional management, including budgeting, is often too slow and too bureaucratic in today’s dynamic business environments. We need more agile and more human ways of leading and managing. Beyond Budgeting is a proven, successful management model designed to handle today’s business and people realities.
Kirjeldus
*The class is held in English.
Eesmärk
Enable participants to lead or participate in a Beyond Budgeting implementation, helping the organization to solve its problems with traditional management and outperform the competition.
Sihtgrupp
General Managers, Finance, HR, Lean & Agile coaches.
Programm
- 09:45 – 10:00 Gathering
- 10:00 – 11:30 The problems with traditional management
- Why it once worked, but not any longer
- Beyond Budgeting, the philosophy
- 11:30 – 11:45 Coffee break
- 11:45 – 13:15 Beyond Budgeting across the world
- The Beyond Budgeting principles
- Case stories across business
- 13:15 – 14:00 Lunch
- 14:00 – 15:30 Ambition to Action; Beyond Budgeting at Statoil
- Separation of the budget purposes
- Relative targets and a holistic performance evaluation
- Dynamic forecasting
- Dynamic resource allocation
- Ambition to Action
- 15:30 – 15:45 Coffee break
- 15:45 – 16:30 Implementation
- Creating the case for change
- Implementation advice.
Omandatavad oskused
- A better understanding of the systematic nature of the problems with traditional management
- A thorough insight into Beyond Budgeting; the background, the philosophy and the 12 principles
- Knowledge of several case stories from around the world, including the Statoil implementation journey
- Implementation; understand how to convince the organization to get started
- Practical implementation knowledge; what can the Beyond Budgeting principles mean in different business and cultures
- Understanding the link to Lean and Agile
Investeering
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