Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap / Edition 1

Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap / Edition 1

by Jeremy Hope, Robin Fraser
     
 

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ISBN-10: 1578518660

ISBN-13: 9781578518661

Pub. Date: 02/27/2003

Publisher: Harvard Business Review Press

The traditional annual budgeting process—characterized by fixed targets and performance incentives—is time consuming, overcentralized, and outdated. Worse, it often causes dysfunctional and unethical managerial behavior. Based on an intensive, international study into pioneering companies, Beyond Budgeting offers an alternative, coherent management model

Overview

The traditional annual budgeting process—characterized by fixed targets and performance incentives—is time consuming, overcentralized, and outdated. Worse, it often causes dysfunctional and unethical managerial behavior. 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 around achieving sustained improvement relative to competitors, it provides a guiding framework for managing in the twenty-first century.

Product Details

ISBN-13:
9781578518661
Publisher:
Harvard Business Review Press
Publication date:
02/27/2003
Edition description:
New Edition
Pages:
256
Sales rank:
664,039
Product dimensions:
6.38(w) x 9.48(h) x 0.97(d)

Table of Contents

Forewordix
Acknowledgmentsxiii
Introduction: Toward a New General Management Modelxvii
Part IThe Promise of Beyond Budgeting
Chapter 1The Annual Performance Trap3
Chapter 2Breaking Free19
Part IIThe Adaptive Process Opportunity: Enabling Managers to Focus on Continuous Value Creation
Chapter 3How Three Organizations Introduced Adaptive Processes47
Chapter 4Principles of Adaptive Processes69
Chapter 5Insights into Implementation95
Part IIIThe Radical Decentralization Opportunity: Enabling Leaders to Create a High Performance Organization
Chapter 6How Three Organizations Removed the Barriers to Change119
Chapter 7Principles of Radical Decentralization143
Chapter 8Insights into Changing Centralized Mind-Sets161
Part IVRealizing the Full Promise of Beyond Budgeting
Chapter 9The Roles of Systems and Tools177
Chapter 10The Vision of a Management Model Fit for the Twenty-First Century197
Glossary211
Notes217
Index221
About the Authors231

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