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
     
 

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budgeting process--characterized by fixed targets and performance incentives--is time consuming, overcentralized, and outdated.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 that…  See more details below

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budgeting process--characterized by fixed targets and performance incentives--is time consuming, overcentralized, and outdated.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:
693,229
Product dimensions:
6.38(w) x 9.48(h) x 0.97(d)

Table of Contents

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

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