‘Beyond Budgeting – How managers can break free from the annual performance trap’ was published by Harvard Business School Press in February 2003. Here is what four reviewers said about it:
"Beyond Budgeting distils the new management model for the Information Age. This is a book for leaders with the courage and insight to sweep away an enervating management dogma and release the latent wealth in their organizations.“
Gregor Pillen, EMEA Head of Financial Management Solutions,
IBM Business Consulting Services.
"Hope and Fraser blast away the 'old' budget approach in Beyond Budgeting. Their thorough analysis and synthesis of many successful business cases writes the blueprint for competitive success in the current turbulent hyper-competitive economic environment."
Michel J. Lebas, Professor of Management Accounting,
H.E.C. School of Management, France.
"Hope and Fraser brilliantly expose what lies at the heart of most failed attempts to foster corporate agility and innovation - the 'fixed performance contract' and the low trust mindset in which it is set. Beyond Budgeting is a true paradigm shift!"
Steve Morlidge, Unilever.
"Beyond Budgeting has inspired UBS not only to shift its focus away from traditional, detailed budgets but also to take the next steps and implement plans with adequate levels of detail; and further redirect its focus toward trend analysis, scenario planning, and rolling forecasts."
Peter Thurneysen, Head Group Controlling & Accounting,
UBS AG.