It is difficult to think of a business process that is as widely unpopular, dysfunctional and discredited as traditional budgeting, yet businesses carry on doing it because they believe that there is no alternative .

But there is - yet over a decade after the creation of the Beyond Budgeting movement, many business people are unaware of its existence. And many of those that have heard of it find the Beyond Budgeting ideas difficult to grasp because of the way that they have been conditioned to think about the process of management.

Designed for the pocket, not the bookshelf, to be read on the go and shared with colleagues, this small guidebook distills nearly twenty years of practice and research by the author. Filling in these gaps in awareness and understanding helps promote intelligent conversations and informed choices about how businesses are run.

The key messages of this book are:
Budgeting lies at the heart of the traditional management process that has dominated business practice since the 1920s
Since it is inherently inflexible, bureaucratic, and dependent on a command and control management mentality, traditional budgeting is ill-equipped to cope with the turbulent environment faced by businesses and the aspirations of their workforces, who increasingly expect freedom, challenge and respect from their employers
Traditional budgeting is also philosophically and practically incompatible with many emerging management practices, such as Lean and Agile Development.
Beyond Budgeting provides all of the control functions of traditional budgeting, but in different ways, based on a business's specific needs and the context in which it operates.

The benefits are amplified when it is implemented in a devolved organization based on the principles of accountability, transparency, and trust.

Learn how Beyond Budgeting helps build a 21st-century operating system for organizations and enables superior financial performance, better processes, and a more fulfilling environment for employees.

ISBN:- 1785899287; 978-1785899287