Beyond Budgeting (ENG)

The adaptive management model
Traditional management, including budgeting, is often too slow and too bureaucratic in today’s dynamic business environments. We need more agile and more human ways of leading and managing.

Beyond Budgeting is a proven, successful management model designed to handle today’s business and people realities.

The trainer Bjarte Bogsnes, Chairman of the Beyond Budgeting Roundtable, has more than twenty years of hands-on experience from heading up Beyond Budgeting implementation in two large international organizations, Borealis and Statoil.

Target audience
General Managers, Finance, HR, Lean & Agile coaches.

Goal of the training
Enable participants to lead or participate in a Beyond Budgeting implementation, helping the organization to solve its problems with traditional management and outperform the competition.

Learning outcomes
  • A better understanding of the systematic nature of the problems with traditional management
  • A thorough insight into Beyond Budgeting; the background, the philosophy and the 12 principles
  • Knowledge of several case stories from around the world, including the Statoil implementation journey
  • Implementation; understand how to convince the organization to get started
  • Practical implementation knowledge; what can the Beyond Budgeting principles mean in different business and cultures
  • Understanding the link to Lean and Agile

*The class is held in English.

 

Lugege programmi eesti keeles.

 

Äripäev Academy is a partner of the Estonian Unemployment Insurance Fund training card. Read more HERE.

Ajakava

09:45 - 10:00
Gathering
The training is taking place at Äripäev (Vana-Lõuna 37/1, Tallinn). Training room is located on the 1st floor.

Parking
Parking fee at Europarkla is 2 €/ per day.
10:00 - 11:30
1. The problems with traditional management
• Why it once worked, but not any longer
• Beyond Budgeting, the philosophy
11:30 - 11:45
Coffee break
11:45 - 13:15
2. Beyond Budgeting across the world
• The Beyond Budgeting principles
• Case stories across business
13:15 - 14:00
Lunch
14:00 - 15:30
3. Ambition to Action; Beyond Budgeting at Statoil
• Separation of the budget purposes
• Relative targets and a holistic performance evaluation
• Dynamic forecasting
• Dynamic resource allocation
• Ambition to Action
15:30 - 15:45
Coffee break
15:45 - 16:30
4. Implementation
• Creating the case for change
• Implementation advice.

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