Written by BBRT co-founders Jeremy Hope and Robin Fraser and published in 2003 by Harvard Business School Press, this book sets out the case fir an alternative, coherent management model that enable organizations to manage performance through processes tailored to today’s volatile market place. The authors explain the guiding principles that have been distilled from the study of real, leading-edge companies.
This book is also published in German and Spanish
"Beyond Budgeting distills 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, UBS AG, Head Group Controlling & Accounting
Most of the solutions generally proposed for management problems involve putting something new into the organization. In this regard, beyond budgeting is very different. Perhaps uniquely, it proposes taking something powerful out to make room for something new and even more powerful. We have all the tools and techniques we need. What we lack is the right overall context for them to work effectively. This book provides a vision for that context. - Charles T. Horngren, Littlefield Professor of Accounting, Emeritus, Stanford University
Hope, J.D., and Fraser, J.R.T. (2003) Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap, Boston: Harvard Business School Press, ISBN 1-57851-866-0
Go to Amazon.com, Amazon.co.uk or Amazon.de or contact your local book seller
Order the German translation from: |
Reinventing the CFO: How financial managers can transform their roles and add greater value Written by BBRT co-founder Jeremy Hope and published by Harvard Business School Press in 2006, this book is based on interviews with CFOs in leading organizations. Hope contends that it’s time to liberate CFOs from their number-crunching responsibilities, so that they can lead managers across their organizations to increase performance.
"Today's CFO must be a change agent and catalyst for driving business growth. This book helps define that vision with numerous best practices." - Jim Parke, CFO, GE Capital
"This book redefines the role of finance in the modern organization. Full of practical lessons, Reinventing the CFO will be beneficial for every CFO and finance manager." - Gary Crittenden, CFO, American Express
"Reinventing the CFO captures important developments in the changing role of the CFO. This is essential reading for individuals taking on the senior finance role." - Ken Lever, CFO, Tomkins Group
"Reinventing the CFO shows how finance can really make a difference to long-term performance by liberating people from the tyranny of targets and top-down controls. Every CFO should read it." - Lennart Francke, CFO, Svenska Handelsbanken
"A wake-up call for CFOs and their colleagues. Reinventing the CFO should be compulsory reading for finance executives and for the software industry as well." -Tom Manley, CFO, Cognos
"This lively book briskly supplies numerous practical examples and useful insights for how managers can work together to improve performance management." - Charles Horngren, Littlefield Professor of Accounting, Emeritus, Stanford University
Hope, J.D. (2006) Reinventing the CFO: How financial managers can transform their roles and add greater value, Boston: Harvard Business School Press, ISBN 1-59139-945-9
Go to: Amazon.com or Amazon.co.uk or contact your local book seller
Implementing Beyond Budgeting: Unlocking the Performance PotentialWritten by Bjarte Bogsnes, Project Manager Beyond Budgeting at StatoilHydro and BBRT Chairman, This book describes the serious and systemic problems with traditional management practices, and provides concrete alternatives and practical guidance on how to implement the beyond budgeting methodology, drawing on actual cases in which the author has implemented beyond budgeting in large, global companies. It describes the need for an integrated performance management process across Strategy, Finance and Human Resources,and presents the many benefits that can be realized by embarking on a beyond budgeting journey.
"A leading practitioner in the Beyond Budgeting movement." – Robert S. Kaplan and David P. Norton, from their latest book, The Execution Premium
"This is an excellent book for those who want to grapple with the difficult task of radically changing conventional ways of running a company to more effective ways of doing it and ways more in accordance with human nature." – Jan Wallander, Honorary Chairman of Handelsbanken
"At last, Bjarte Bogsnes has made his experience and enthusiasm for Beyond Budgeting available to a wider audience with this remarkable book. I have appreciated his engagement in these important management issues for many years, and his knowledge and leadership have been critical in the transformation of our organization." – Eldar Sætre, CFO, Statoil
"Bjarte Bogsnes is the only person we know who has implemented Beyond Budgeting twice! So he is in a unique position to explain how to do it right. In this very readable account of his Beyond Budgeting journey, he captures the true essence of Beyond Budgeting—how to release the ambition and energy of people across the organization who were previously prisoners of the budgeting process." – Jeremy Hope, co-founder of the Beyond Budgeting Round Table and co-author of Beyond Budgeting
"In today's complex world, it is of strategic importance to focus on both professional and individual needs. To achieve this, you need independent and proactive employees, but a hierarchical framework is of little use when developing these qualities. Bjarte Bogsnes′s book is a valuable contribution to finding a management approach that is both more professional and people–oriented." – Erich Harsch, CEO, dm–drogerie markt
"Budgets are ingrained in corporate culture despite the tremendous lack of value they customarily provide. Bjarte takes a pragmatic approach in his discussion suggesting efforts to move past budgeting. He balances analytical views with much needed, but often ignored, discussion on leadership and organizational behavior and offers useful case studies to illustrate his recommendations in tangible ways." – Anand Sanwal, Managing Director, Brilliont, and coauthor of Optimizing Corporate Portfolio Management: Aligning Investment Proposals with Organizational Strategy
Bogsnes, B (2008) Implementing Beyond Budgeting: Unlocking the performance potential. London: John Wiley & Sons. ISBN-10: 0470405163 ISBN-13: 978-0470405161
Go to Amazon.com or Amazon.co.uk or contact your local bookseller
Future Ready: How to master business forecasting The recent crisis in the financial markets has exposed serious flaws in management methods. The failure to anticipate and deal with the consequences of the unfolding collapse has starkly illustrated what many leaders and managers in business have known for years; in most organizations, the process of forecasting is badly broken. For that reason, forecasting business performance tops the list of concerns for CFO’s across the globe.
This book sets a set of simple strategies that any organization can use to master the process of forecasting. The key message of this book is that while no mortal can predict the future, you can take the steps to be ready for it. ’Good enough’ forecasts, wise preparation and the capability to take timely action, will help your organization to create its own future. Conventional budgeting does not give managers the visibility they need to steer businesses in an increasingly turbulent world, indeed the budgeting mindset is one of the things that undermines good forecasting.
Written in an engaging and thought provoking style, ‘Future Ready’ leads the reader to answers to questions such as:
‘Future Ready’ is a guide and a source of insight and inspiration for practicing managers who recognize that their forecast processes are broken and need fixing.
For our community it is an implementation guide for those who have decided to start their Beyond Budgeting journey here. For potential implementers having to deal with skeptical managers or those who are fearful of letting go, Future Ready helps chart a ‘safe’ course to a world without budgets.
‘Will make a difference to the way you think about forecasting going forward’ Howard Green, Group Controller Unilever PLC
‘Great analogies and stories are combined with rock solid theory in a language that even the most reading-averse manager will love from page one’ Bjarte Bogsnes. Vice President Performance Management Development at Statoil
‘A timely addition to the growing research on management planning and performance measurement.’ Dr. Charles T. Horngren, Edmund G. Littlefield Professor of Accounting Emeritus Stanford University and author of many standard texts including Cost Accounting: A Managerial Emphasis, Introduction to Management Accounting, Financial Accounting
‘In the area of Forecasting, it is the best book in the market.’ Fritz Roemer. Leader of Enterprise Performance Executive Advisory Program, the Hackett Group
Morlidge, S and Player, S. (2009) Future Ready: How to master business forecasting. London: John Wiley & Sons
ISBN-10: 0470747056 ISBN-13: 978-0470747056
