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About the BBRT - Overview

The BBRT (Beyond Budgeting Round Table) was established in 1998 in response to growing dissatisfaction, indeed frustration, with traditional budgeting. It successfully addressed three major questions:

• Is there an alternative to budgeting?                  Yes!

• Is there a better management model?                Yes!

• How should it be implemented?                          This is the main focus now

By studying major leading-edge companies that had 'abandoned' traditional budgeting we were able to answer the the three major questions above. We have also been able to establish that beyond budgeting is a coherent performance management model for the 21st Century. The BBRT can help companies to understand, evaluate, implement and benefit from the beyond budgeting model through five major steps.

1.     Gain awareness

     This step aims to raise the awareness in beyond budgeting through the publication of articles, books, a web site (www.bbrt.org) and open half-day introductory seminars.

2.     Relate concepts

     The next step is to help people relate the concepts to their own organization. The BBRT runs open 1 and 2-day workshops to help people develop their own case for change and also an on-line benchmarking diagnostic at www.beyondbudgeting.org to help them develop their own vision.

3.     Make the case

     The BBRT also offers workshops that can be run in-house at special fee rates. These workshops are tailored to specific companies and are aimed at making the case for change to senior executives.

4.     Implement the model

Stage four is about applying the knowledge gained from workshops to design and implement beyond budgeting across the organization.

4.     Keep on evolving it

Implementing beyond budgeting can take many years. And like any program  that involves deep cultural change it is a never-ending process of feedback, learning and action.

Click here for a diagram showing how BBRT is building a networks of implementers

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