Welcome to the BBRT Online Knowledge website.

On this site you can download BBRT White Papers and purchase and download BBRT Briefing Papers relating to a range of Beyond Budgeting topics. BBRT Members can obtain the Briefing Papers free of charge via the private BBRT Members' Community

The Beyond Budgeting management model enables organizations to function with less infrastructure and systems – more with less. This introduces a new approach to performance management that increases transparency and decentralizes (or devolves) much more power and responsibility to front-line teams.

The Beyond Budgeting management model is highly suited to organizations that need to manage in turbulent market conditions. Hence many of the papers show how this model is effective in this current economic recession.

The papers available on this site discuss the role rolling forecasts, planning, balanced scorecard, incentive compensation and rewards and performance measurement play in the Beyond Budgeting management model. The Beyond Budgeting management model is at the heart of management innovation.

To view the BBRT (Beyond Budgeting Round Table) Global web site click on www.bbrt.org

The Tortoise (Adapt & Endure) Theory of Management

Why the credit crunch was a failure of management and how to change it

Abstract: Most of you will remember Aesop’s fable about the tortoise and the hare who decide to have a race on a sunny day. The brash, confident hare thinks he has won the race before it even starts and decides to have a nap under a tree half way through. But when he awakes the tortoise is at the finishing line. Too many business leaders think and act like hares. They think they can grow shareholder value at unrealistic rates each year by setting aggressive targets and incentives and then (like the hare) ‘predict and control’ their future results through detailed budgets. Tortoises don’t make such promises, predictions or assumptions. Instead they keep their eye on the path ahead and continuously improve their performance. Their aim is to adapt to changing conditions, beat their peers and endure over long periods of time. This is the Tortoise (adapt and endure) theory of management. The tortoise always wins in the end.

This paper is a FREE download

Toward the Accountable and Transparent organization

Abstract: In the wake of recent calamitous falls in share prices and the collapse of many well-known corporations the way that businesses are managed has been questioned as never before. From ‘financial engineering’ to the ‘bonus culture’ the traditional ‘command and control’ management model is now well past its sell-by-date. But what should take its place? In this introductory paper we suggest that a new accountable and transparent organization needs to be the aim of business leaders. We also suggest a number of principles on which it should be built.

This paper is a FREE download

The World Has Changed - Isn't It Time to Change the Way We Lead and Manage?

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Bjarte Bogsnes*, a leader and popular speaker in the Beyond Budgeting Movement and author of "Implementing Beyond Budgeting: Unlocking the Performance Potential" (John Wiley & Sons, 2009) describes Statoil's latest steps in its Dynamic Management journey in the September-October 2009 Balanced Scorecard Report. He draws on Statoil's remarkable success to offer a holistic view of Dynamic Management and its power as a management approach when used with the BSC framework.

This paper is a FREE download.

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Why you should move from a 'Make-and-Sell' to a 'Sense-and-Respond' Organization

£35.00

Abstract: Most organizations use a planning system sometimes known as ‘make-and-sell’. This means that managers sit down once-a-year with their spreadsheets and decide which products he company will make and which services it will provide and then determine the required investment, price, costs, marketing and so forth to meet the plan. Needless to say, if customers don’t want to buy those products and services the company has a major problem. In this paper we look at an alternative view sometimes known as ‘sense-and-respond’.

£35.00

Rethinking Performance Management

£35.00

Abstract: How you measure performance is a critical management discipline and determines what action is taken to improve performance. In the traditional organization most performance measures are aimed at tightening top-down control rather than helping managers to learn and improve. The assumption is that decisions are best made at a high-level. This is wrong when markets are changing rapidly and unpredictable events are becoming the norm. In this paper we will look at alternative ways to measure performance that enable managers at every level to continuously learn and improve.

£35.00

Rethinking Incentive Compensation

£35.00

Abstract: Most leaders believe in incentive compensation as a key ‘motivator’ and driver of higher levels of performance. However, the evidence that financial incentives motivate people is hard to find and there is plenty of evidence for the opposite view that incentives do more harm than good. So what is the alternative? This paper examines the evidence and looks at alternative approaches.

£35.00

The New Vision for Finance

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Abstract: The Finance team has been under intense pressure in recent times as business leaders have demanded faster, more relevant information, compliance regulators have demanded tighter controls and their own staff have complained about long hours and mental stress. But most CFOs are working with the wrong vision for change. In this paper we offer an alternative vision that leads to more clarity, simplicity, accountability and transparency.

£35.00

Why Great Service Adds Value rather than Cost

£35.00

Abstract: Many finance leaders assume that increasing customer service is a cost rather than a benefit. They need to understand the links in the company’s service-profit chain. Research done a numbers of years ago has borne out these vital connections time and again. In this paper we review the links in the chain and what you need to do to take full advantage of them

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Find and Keep the Right Customers

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Abstract: Most marketing and finance managers suspect that many customers are unprofitable after applying all the ‘below the line’ costs of serving and supporting them but they don’t know who they are. If sales and marketing people did know this information it would change their work dramatically and make a huge difference to the bottom line. This paper looks at these issues and suggests that managers can use some simple techniques to gain a better understanding of these problems and what can be done about them.

£35.00

How to Redesign & Use Customer Satisfaction Surveys

£35.00

Abstract: Customer satisfaction surveys are increasingly pervasive in the lives of both consumers and B2B customers. They are used by many organizations as a key performance indicator and the results are often tied to employee reward systems. But do they provide useful information? This paper looks at the evidence, drawing particularly on new research done by Bain & Co expert Fred Reichheld. The results are not what many marketing managers want to hear.

£35.00
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