Business Agility in practice - an introduction to Beyond Budgeting
summary
Claims that traditional annual budgets are replaced by separated target forecast and resource allocation processes and event-driven decisioning; a live Ambition to Action system links strategy risk actions and HR across 600 ambition-to-action items; pay mixes become 50/50 business and values; transparency replaces travel rules in a Swiss pilot and cuts costs; a bank with 850 branches runs without budgets or individual bonuses and outperforms peers since 1972; forecasts become dynamic and evaluation becomes holistic not numeric.
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chapters (15)
- 0:00Introduction
- 3:17Management innovation
- 5:10Traffic authority
- 6:10Roundabout
- 6:32Leading questions
- 9:21Managing performance
- 9:36The roundabout
- 11:58Traditional management
- 19:11Examples
- 21:49Beyond Budgeting principles
- 28:05Alignment
- 32:39Holistic
- 35:51Contact details
- 37:05The long version
- 38:10Principles
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