Beyond Budgeting is popular PDF and ePub book, written by Jeremy Hope in 2003, it is a fantastic choice for those who relish reading online the Administración genre. Let's immerse ourselves in this engaging Administración book by exploring the summary and details provided below. Remember, Beyond Budgeting can be Read Online from any device for your convenience.
Beyond Budgeting Book PDF Summary
The annual budgeting process is a trap. Pressured by fixed targets and performance incentives, managers focus on making the numbers instead of making a difference, meeting set goals instead of maximizing potential. With their compensation at stake, managers often resort to deceitful-even unethical-behavior. In the end, everybody loses-the employee, the company, and ultimately the customer. Now, finance experts Jeremy Hope and Robin Fraser reveal the results of an intensive study aimed at fixing the broken budgeting process. They argue that companies must abandon traditional budgeting contracts in favor of a radical new model that links performance measurement to evolving competitive benchmarks-and shifts the firm's focus from controlling employee behavior to delivering customer value. The Beyond Budgeting model is built on the best practices of companies that have successfully revised their centralized planning and budgeting processes. It combines a leadership vision that devolves more authority to operating managers and a finance vision that enables fast decision making through appropriate tools and accessible information. Through vivid examples, Hope and Fraser illustrate how companies can implement these shared visions-and the long-term benefits that accrue from embracing them. Offering a compelling case for breaking free from the budgeting trap, this book paves the way toward making organizations better places to work for, invest in, and do business with.
Detail Book of Beyond Budgeting PDF
- Author : Jeremy Hope
- Release : 01 October 2024
- Publisher : Harvard Business Press
- ISBN : 9781578518661
- Genre : Administración
- Total Page : 254 pages
- Language : English
- PDF File Size : 20,5 Mb
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