Thank you for your interest in BBRT. Welcome to the BBRT global newsletter, which is designed to keep you informed of developments in Beyond Budgeting and the BBRT. For further information visit our global web site at www.bbrt.org.
What's in the Newsletter
11-12 October 2010: BBRT European Members Meeting, London, England
Also see the BBRT Calendar at www.bbrt.org/events
We are delighted to announce that the following organizations have joined the BBRT since the last Newsletter was published:
CFO and executive vice president, Mark Peters of tw telecom, a BBRT Member
Company featured in Business Finance Magazine. He discusses how a rolling
forecast and strong communication help his company to succeed in the volatile
world of telecom.
Link to the interview:
http://businessfinancemag.com/article/where-only-agile-survive-0505
23 March 2010: BBRT Members’ Meeting, Copenhagen, Denmark
This meeting attracted the largest ever participation, demonstrating that
Copenhagen was a popular venue. The theme was the management model and its
implementation. Fazlur Rahman Zainudden, Telekom Malaysia, presented the
progress they are making with beyond budgeting, showing that the model is
applicable in any region and culture. Franz Wirnsperger, the CFO of Hilti AG
explained how their management model has evolved to the extent that budgets have
become irrelevant. Gry Pedersen, Telenor Denmark, demonstrated how Telenor’s
Dynamic Management program is taking root in its subsidiaries. Adrian Poffley,
The World Bank compared the approaches to Beyond Budgeting at The World Bank and
Sight Savers International in a presentation entitles “Income to Impact”.
Finally Michael Holzner-Grundmann rounded off the meeting by presenting the
results his Master thesis at Henley Management College, which examined actual
implementations of the Beyond Budgeting model and was based on input from some
BBRT Members.
21-23 April 2010: BBRT North America 9th Annual Conference, Dallas,
TX, USA
This year’s Annual Beyond Budgeting North America Conference featured speakers such as Merrie Spaeth and Bjarte Bogsnes. Nevine White of tw telecom and John Hrudicka of Elkay Manufacturing shared their success stories from within their companies.
We would like to congratulate the winners of this year’s awards:
We would also like to thank our sponsors who helped make this conference possible:
Finance Transformation Blog
Steve Player (BBRT Director North America) is now authoring a Finance Transformation blog for Business Finance Magazine. You can connect to this blog at www.bigfatfinanceblog.com
BBRT INSIGHTS research series
The following paper has been circulated to BBRT members since the last Newsletter:
What you can learn about change from three ‘practitioners’
Abstract: Leading major change programs in large organizations is notoriously difficult. It took Jack Welch all his time as CEO at GE (around 20 years) to make an impression on its corporate culture. So what are the key lessons we need to learn? This paper focuses on three highly acclaimed thought leaders (John Kotter, Rosabeth Moss Kanter and Edgar Schein) who have witnessed change management efforts in hundreds of organizations over decades and written extensively on the subject.
The BBRT Performance Management Tools research series
The BBRT INSIGHTS research series finished with the above paper in April. However, we have now embarked on a new research series: BBRT Performance Management Tools.
The first paper was circulated to BBRT members in May and is entitled:
Introduction
Abstract: This paper is an introduction to the series. It introduces the series and explains how the tools examined have been selected. It provides short abstracts on each planned paper to give you an idea of the structure of the series and the scope of each paper. Finally it looks at generic success factors and draws some conclusions.
BBRT members can download the full papers from the BBRT Members' Community web site. Join the BBRT to obtain this and previous papers – contact Peter Bunce at peterbunce@bbrt.org, or Heather Bryce at heather@theplayergroup.com
Rolling forecast are often at the heart of the new "control" system in Beyond Budgeting implementations. Yet many managers have little knowledge about good forecasting practice and how to make it a truly effective management tool. Steve Morlidge and Steve Player have written a book "Future Ready - how to master business forecasting" that does just that.
Watch a video of Steve Morlidge discussing this new book (http://www.youtube.com/watch?v=tk_GNveXIIo)
‘Future Ready’ can be ordered from Amazon via our web site at: http://www.bbrt.org/resources/bbbook.html#book4. It also has its own web site at: http://www.futurereadybook.com/
BBRT is an independent international shared learning network for all organizations that seek to improve their performance management through sharing information, past successes and implementation experiences. Our purpose is to help organizations introduce a new management model for the innovation age.
For more information, please visit www.bbrt.org, email Peter Bunce, or call +44 1590 679803, email Heather Bryce or call +1 214 239 0155
BBRT, 1st Floor 745 Ampress Lane, Lymington, Hampshire SO41 8LW, UK
Tel: +44 1590 679803 Fax: +44 871 266 4125 Email: info@bbrt.org
BBRT, 5501 LBJ Freeway, Suite 105, Dallas, TX 75240, USA Tel: +1 214 239 0155
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