Beyond Budgeting How Managers Can Break Free from the Annual Performance Trap
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Description: A new model for budgeting that liberates managers from the annual performance trap. Controversial: Introduces compelling evidence for why the current model of budgeting doesn't work and how it promotes dysfunctional behavior Something new: Presents a long-awaited approach for budgeting that allows managers to tie performance measurement to evolving competitive benchmarks Unique solutions: Shows managers how, in the absence of a traditional budget, they can still satisfy budget-related needs such as setting goals, designing compensation and incentive rewards, and measuring performance Moves beyond finance. Explains how Beyond Budgeting has both a financial and managerial component to it, and organizations will not achieve true Beyond Budgeting success unless they implement both. The Beyond Budgeting seminar is running on 17th February in London; 14th May in Edinburgh; 15th October in Manchester and 28th November in Dublin. And the conference is planned for last week in June or first week in July in London - date not yet confirmed. Link for the seminar is http://www.cimaglobal.com/cgi-bin/MASTERCOURSES.storefront/EN/product/1004
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All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $38.00
Copyright year: 2003
Publisher: Harvard Business Review Press
Publication date: 4/1/2003
Size: 6.75" wide x 9.25" long x 0.75" tall
|Introduction: Toward a New General Management Model|
|The Promise of Beyond Budgeting|
|The Annual Performance Trap|
|The Adaptive Process Opportunity: Enabling Managers to Focus on Continuous Value Creation|
|How Three Organizations Introduced Adaptive Processes|
|Principles of Adaptive Processes|
|Insights into Implementation|
|The Radical Decentralization Opportunity: Enabling Leaders to Create a High Performance Organization|
|How Three Organizations Removed the Barriers to Change|
|Principles of Radical Decentralization|
|Insights into Changing Centralized Mind-Sets|
|Realizing the Full Promise of Beyond Budgeting|
|The Roles of Systems and Tools|
|The Vision of a Management Model Fit for the Twenty-First Century|
|About the Authors|